Sachin Bansal

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Sachin Bansal
File:Sachin Bansal.jpg
Born (1981-08-05) 5 August 1981 (age 43)
Nationality Indian people
Ethnicity Marwari community
Alma mater Indian Institute of Technology Delhi
Occupation Co-founder& Executive Chairman of Flipkart
Home town Chandigarh
Net worth $1.3 Billion (2015)[1]
Spouse(s) Priya Bansal

Sachin Bansal (born 5 August 1981) is an Indian Software engineer and Internet entrepreneur,[2][3][4] known for co-founding India's e-commerce platform Flipkart.[5][6] Sachin is from Chandigarh and is an engineering graduate from Indian Institute of Technology Delhi.[7][8]

Early life

Sachin Bansal is originally from Chandigarh, the capital city of Punjab and Haryana. His business partner, Binny Bansal, is also from Chandigarh. Although they share the same last name, they are not related. They both completed their schooling at OP Jindal Modern School, Hisar[9] and coincidentally, were students of computer science engineering at Indian Institute of Technology Delhi.[10] Before the tremendous success of Flipkart, Sachin Bansal wanted to become a professional gamer.[11] His father has been in business and mother a homemaker, his brother runs a consumer goods company, he's married to Priya, who is a dentist and has a four-year old child.[12]

Career

After completion of degree Sachin Bansal joined Techspan company where he served for few months. In 2006, he joined Amazon.com India as Senior Software Engineer. Then he got Binny Bansal into the Amazon.com and after 6 months they both decided to leave Amazon.They initially thought of starting a comparison search engine, but realized that the market for E-commerce in India was very small. Hence, after leaving Amazon in 2007, they founded Flipkart as an e-commerce company.

Sachin Bansal and his business partner Binny Bansal launched Flipkart from an apartment in Bangalore with 400,000 rupees ($6,500) cash.[13] In 2007 during the early days of Flipkart Sachin Bansal and his business partner Binny Bansal used to deliver books across Bengaluru on their scooters and in October 2015 they showed up at the doorsteps of some customers, personally delivering goods in order to gain insights from the online buyers.[14]

Awards and recognition

  • In November 2015, Sachin Bansal along with the co-founder of Flipkart, Binny Bansal, was named the 86th richest person in India with a net worth of $1.3 billion by Forbes India Rich List.[15]
  • Entrepreneur of the year – ET Awards (2012–2013) .He also became richest person in Forbes World magazine 2016.[16]

See also

  1. Binny Bansal
  2. Flipkart
  3. E-commerce in India

References

  1. ↑ http://www.dnaindia.com/money/report-mukesh-ambani-india-s-richest-for-9th-year-flipkart-s-bansals-new-entrants-2128160?utm_source=dlvr.it&utm_medium=twitter
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ http://www.opjms.edu.in
  10. ↑ http://www.indya.me/sachinbansal/
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  16. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links

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