Sachin Bansal is an Indian entrepreneur best known as the co-founder of Flipkart, India’s pioneering e-commerce platform. Renowned for revolutionizing India’s online retail space, Bansal played a pivotal role in shaping Flipkart into a homegrown e-commerce giant, introducing innovations like Cash-on-Delivery (CoD), 30-day returns, and custom logistics, which significantly raised consumer trust and set industry standards (fastercapital.com, leadersperception.com).

In his 11-year tenure at Flipkart, Bansal served as CEO (2007–2016) and later as Chairman until his exit in 2018 after the Walmart acquisition (en.wikipedia.org).

Early Life & Education

• Born in Chandigarh on 5 August 1981, to a businessman father and homemaker mother (en.wikipedia.org).

• Educated at St. Anne’s Convent School, Chandigarh; gained admission to IIT Delhi after securing an All-India rank of 49 in JEE (en.wikipedia.org). Graduated with a B.Tech in Computer Science.

• Worked briefly at Techspan, then joined Amazon Web Services as a senior software engineer in 2006 before leaving to co-found Flipkart in 2007 (en.wikipedia.org).

Flipkart Journey

• 2007: Co-founded Flipkart in a Bangalore apartment with ₹4 lakh in capital; initially a bookseller (en.wikipedia.org).

• Innovation: Introduced Cash-on-Delivery, enriching customer trust; pioneered easy returns, responsive support, and tried-buy-in fashion (leadersperception.com).

• Logistics: Built a proprietary logistics network, Ekart, expanding from 20 to 1,000+ cities (moneycontrol.com).

• Funding & Scale: From one employee and $1M investment (Accel, 2009) to raising $2B in 2014; valuation crossed $1B unicorn mark in 2011 and reached $20.8B by 2018 .

• Acquisitions: Acquired Myntra (2014) and Jabong (2016), cementing leadership in fashion (theindianwire.com).

• Exit: In 2018, Flipkart was acquired for ~$16B by Walmart; Bansal exited with a non-compete clause for up to 36 months (en.wikipedia.org).

Post-Flipkart Ventures

• BACQ Acquisitions (2018): Focused on tech-led acquisitions.

• Navi Technologies (2019–Present): Acquired Maven Hive and COCO insurance; appointed Managing Director; filed for IPO in March 2022.

Legacy & Recognition

• Known as a visionary leader who helped redefine Indian e-commerce (leadersperception.com).

• Honored by Ernst & Young as “Best Entrepreneur” in 2010–11 (moneycontrol.com).

• Featured in Forbes and other lists for the most influential and wealthiest entrepreneurs in India.

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