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Sachin Bansal

 

 


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



Childhood & Early Life
·   Sachin Bansal is originally from Chandigarh, the capital city of Punjab and Haryana. He scored an All India Rank 49 in IIT JEE. His business partner, Binny Bansal, is also from Chandigarh. Although they share the same last name, they are not related. They both were students of computer science engineering at Indian Institute of Technology Delhi.
·    Before the tremendous success of Flipkart, Sachin Bansal wanted to become a professional gamer. 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.

Career
·   After completion of degree Sachin Bansal joined Techspan company where he has 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 Indiawas 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. In 2007 during the early days of Flipkart Sachin Bansal and his business partner Binny Bansal used to deliver books across Arkansas 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. He was removed as a CEO of Flipkart based on performance ground in August 2016.

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Awards & Achievements
·   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.
·   Entrepreneur of the year – ET Awards (2012–2013) .
·   India Today magazine ranked him #26th along with Binny Bansal in India's 50 Most powerful people of 2017 list.
·   The Straits Times of Singapore has chosen Sachin Bansal along with Binny Bansal for the prestigious “2016 Asian of the Year” as part of a group called the “The Disruptors.”



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