Monday, August 13, 2018

Sacchin and Binny Bansal 
Age  38     Net Worth $1.3 Billion Each
Born Chandigarh , India    Citizen  India
Selfmade in eCommerce , co-founded Flipkart.com in 2007

Education:  BS in Computer Science and Engineer,
                     Dehli IIT  2005


This is a picture of Sacchin and Binny Bansal 




 







This is my youtube link to Sacchin and Binny Bansal 
https://www.youtube.com/edit?o=U&video_id=r1EIqcldQ0o

They are both from Chandigarh, India.  Despite having the same last name, they are not related


They first met at Dehli IIT, when both were computer science majors 


In 2007, after just 2 year work experience as software engineer, they co-founded Flipkart.  Their first product was selling books





 





This is a list of the companies Flipkart acquired to grow into the largest eCommerce site in India 





 









In May 2018, Walmart acquired 77% of Flipkart for $16 Billion.  Today Sacchin Bansal owns 5% of Flipkart and Binny Bansal owns 5% of Flipkart 











The irony is, both Sacchin and Binny Bansal once worked for Amazon India before they quit to found their own company Flipkart. 

Amazon actually outbid Walmart by $2 Billion but Sacchin and Binny Bansal decided to sell to Walmart instead. 

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