Logo
SubscribeSign In
LeaderPortfolio
Billionaire Profile
Sachin Bansal
Global Rank
#2825

Image: Public domain | via Wikimedia Commons

Sachin Bansal

CEO, Flipkart
IN
Real-Time Net Worth
$1.2B
As of December 2025
Age
44
Source
Flipkart
Industry
fashion-retail
Citizenship
IN

Biography

Sachin Bansal is a prominent Indian entrepreneur, best known for co-founding Flipkart, India's leading e-commerce platform. Born on August 5, 1981, he revolutionized online retail in India, amassing a net worth of $1.2 billion. His journey began in 2007, transforming Flipkart from an online bookstore into a multi-category e-commerce giant. Bansal's career includes pivotal roles as CEO and Executive Chairman, and his exit from Flipkart in 2018 after the Walmart acquisition. He later founded Navi Technologies, focusing on financial services and demonstrating his continued impact on the Indian economy.

Wealth Over Time

In-Depth Profile

Early Life and Education

Sachin Bansal was born on August 5, 1981, in Chandigarh, India. He received his education at St. Anne's Convent School. He then pursued a Bachelor of Technology degree in Computer Science and Engineering from the Indian Institute of Technology (IIT) Delhi, graduating in 2005.

Rise to Success

In 2007, Sachin Bansal co-founded Flipkart with Binny Bansal (no relation). Initially, Flipkart focused on selling books online. Under Sachin's leadership as CEO, Flipkart expanded into electronics, fashion, and groceries. The company introduced innovations such as cash-on-delivery, contributing to its rapid growth. Flipkart became India's first e-commerce unicorn by 2012, employing over 30,000 people at its peak.

Key Business Strategies

Sachin Bansal's business strategies were centered around customer-centric approaches, innovation, and strategic funding. The introduction of cash-on-delivery was a pivotal move. In 2018, Walmart acquired a 77% stake in Flipkart for $16 billion, marking a significant event in the e-commerce sector.

Philanthropy

Beyond his business ventures, Sachin Bansal supports educational initiatives through his foundation.

Career Milestones

2007

Co-founded Flipkart

Founded the e-commerce platform that would transform online retail in India.

2012

Introduced Cash on Delivery

Implemented a customer-friendly payment option that increased Flipkart's appeal.

2013

Economic Times Entrepreneur of the Year

Recognized for his leadership in driving Flipkart's growth.

2014

Flipkart Reaches $1 Billion Valuation

Flipkart becomes a unicorn.

2016

Named among TIME magazine's “100 Most Influential People in the World”

Recognized for his impact on transforming Indian retail.

2018

Walmart acquired a majority stake in Flipkart

Walmart acquired a 77% stake in Flipkart.

2018

Founded Navi Technologies

Founded a fintech company focused on digital lending, insurance, and investment services.

Philanthropy & Social Impact

Education

Educational Initiatives

Undisclosed

Supports education initiatives through his foundation.

Business Philosophy & Leadership

Notable Quotes

""One should always have a co-founder to share stress and success of a venture.""

Leadership Principles

Customer Focus

Prioritizing customer satisfaction and providing convenient solutions such as cash-on-delivery.

Innovation

Constantly seeking new ways to improve the e-commerce experience.

Strategic Vision

Making decisions with a long-term view and focusing on growth.

Controversies & Challenges

2020

Dowry Harassment Case

His wife filed a dowry harassment case against him and his family. The case is ongoing.