Sachin Bansal
Bangalore, India
Bachelor of Science in Engineering, Indian Institute of Technology
India
flipkart, Self Made
$1,000,000,000
2057
#2057 Billionaires 2019
#86 India's Richest 2015
Former Amazon executive, Sachin Bansal, teamed up with pal Binny Bansal, also a billionaire, in 2007 to found Flipkart as an online seller of books. The duo, who share the same surname but are not related, pooled $6,000 of their combined savings and started operating out of their apartment. In 2018, Wal-Mart bought a 77% stake in Flipkart for $16 billion in what was the world's biggest deal for an internet firm. Bansal cashed out, selling his minority stake for $1 billion.
Bansal is an online gaming enthusiast.In January 2019, Bansal picked up a minority stake in ride-hailing firm Ola for $100 million.
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