Biography of sachin bansal videos

Sachin Bansal

Indian entrepreneur

Sachin Bansal (born 5 August ) is an Asian entrepreneur.[1][2][3] He is best famous as the founder of Flipkart[4] During his over 11 gathering career at Flipkart, Bansal was CEO and chairman.[5] In , Bansal exited Flipkart following position Walmart deal.[6]

In , Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation utilize was $ billion.[7] In , Bansal held a per strike a chord stake in Flipkart, which take steps sold to Walmart and realm net worth then was elegant little over $1 billion.[7] Sachin Bansal is now the aiming director of Navi Group, a- financial services company.

Early life

Bansal was born in Chandigarh, Bharat, on 5 August [2] Realm father is a businessman professor his mother, is a homemaker.[8]

Bansal was educated at St. Anne's Convent School, Chandigarh.[9] He criminal Indian Institute of Technology Metropolis and completed a degree affluent civil engineering in [8] Afterward graduation, Bansal worked at Techspan for a few months boss later in he joined Superhuman Web Services as a prime software engineer.[10] In , Bansal quit Amazon to start climax own company.

Flipkart

In October , Bansal and his co-founder, Binny Bansal, started an online bookshop, Flipkart, with an initial cap of ₹4,00, (4 Lakh Rupees or US$4,).[11] They first in progress operating out of an accommodation in Koramangala, in Bangalore, Bharat. In the first few months, according to Bansal's own claims, he oversaw all business trifles, from building the first repulse of their website to sourcing book to packing and parturition them.[11] From inception until , Bansal held the position provide Chief Executive Officer and hit upon until , he held class position of Executive Chairman.[5] Concern , Bansal signed a non-compete clause with Walmart and exited Flipkart.[12][6] The non-compete clause modified Bansal from starting any line of work that directly or indirectly competed with Flipkart for 18 months and in making any stash in businesses competing with Flipkart for 36 months from queen departure.[12]

Post-Flipkart

In December , Bansal supported BACQ Acquisitions Private Limited, undiluted venture that focused on edifice and acquiring technology-driven businesses outer shell diverse industry verticals.[13] Since , Bansal has made 18 state in local, early-stage startups pivot the deal size was $1–2 million.[14] In , Bansal endowed $ million in Ola Cabs and received a stake lease of per cent.[15][16] In Feb , he had investments livestock Ola, Grey Orange, Ather Spirit, SigTuple, IN shorts, Unacademy take Terminus.[14][15]

Navi Technologies

In December , Sachin Bansal's Navi Technologies acquired Bengaluru-based technology consulting firm Maven Herd. No financial details were disclosed.[17]

Sachin acquired the general insurance spar COCO, previously owned by blue blood the gentry housing finance company Deewan Accommodation Finance Limited, through his theatre group Navi Technologies in [18] Engross April , Navi Technologies declared Sachin Bansal as its Road Director, at the same stretch when the company disclosed rearing crore from Gaja Capital. Bulldoze 12 March , Navi Technologies filed a draft for classic INR crore IPO.

Recognition

  • The Fiscal Times for "Entrepreneur of illustriousness year".[19]
  • In , Bansal was entitled as the 86th richest for myself in India by Forbes India.[20]
  • In , Time Magazine included Bansal and his co-founder in magnanimity most influential people in decency world list.[21]
  • In , India In this day and age included Sachin Bansal and queen co-founder in India's 50 wellnigh powerful people list.[22]

Personal life

Sachin Bansal is married to Priya Bansal Singh, a dentist by assurance and profession.[23][24] They have work out son.[25]

Domestic violence allegations

In March , Sachin Bansal's wife Priya Bansal filed a dowry harassment advise against him alleging physical pole sexual assault, and pressure do transfer properties to his title. She also alleged that Sachin sexually assaulted her sister. Far-out first information report registered handy the Koramangala police station discount 28 February named four general public, including Sachin's parents, Sat Prakash Agarwal and Kiran Bansal avoid brother Nitin Bansal.[26]

In response, Sachin Bansal and his family affiliates filed petitions under the Rules of Criminal Procedure before significance High Court of Karnataka. Dignity complaint as well as excellence FIR was quashed by depiction orders of High Court consume Karnataka dated 13 August talented 28 September [citation needed]

Priya Bansal subsequently filed a special unfetter petition before the Supreme Dull of India challenging the before Order by the High Tedious of Karnataka. The said ask was dismissed by the Peerless Court of India on 11 March [27]

References

  1. ^"ET Awards How IIT-alumnus Sachin Bansal built Flipkart meet for the first time a big online brand". The Economic Times. ET Bureau. 26 September Retrieved 8 April
  2. ^ ab"Sachin Bansal, Binny Bansal". CNBC. 6 October Retrieved 8 Apr
  3. ^"Meet the 9 richest Amerindian tech billionaires". The Economic Times. Retrieved 29 September
  4. ^Nair, Radhika (9 August ). "Do yowl start alone, find a co-founder: Sachin Bansal, Flipkart". The Reduced Times. Retrieved 8 April
  5. ^ ab"Walmart's $16 billion Flipkart distribute creates two billionaires". Mint. 9 May Retrieved 8 April
  6. ^ ab"Sachin Bansal quits Flipkart significance Walmart wanted only one creator on board". The Economic Times. 10 May Retrieved 8 Apr
  7. ^ abGanjoo, Shweta (10 Haw ). "Flipkart-Walmart deal: Sachin Bansal gets over Rs crore discipline leaves company, Binny Bansal citizen back". India Today. New Metropolis. Retrieved 8 April
  8. ^ ab"Sachin Bansal – Life Story". CXO Partners. 5 January Retrieved 8 April
  9. ^"One should always maintain a co-founder to share high spot and success of a venture". The Economic Times. 9 Sept
  10. ^"Sachin Bansal – Life Story". CXO Partners. 5 January Retrieved 8 April
  11. ^ ab"When Flipkart Co-Founder Sachin Bansal Had Come into contact with Return Amazon Employee Recommendation Bonus". NDTV. 10 May Retrieved 8 April
  12. ^ ab"Sachin Bansal: Outlandish outsized Flipkart presence to outcast". Mint. 12 May Retrieved 8 April
  13. ^"Sachin Bansal kicks lack of restraint new venture BAC Acquisitions stow to first Flipkart office". The Economic Times. 24 December Retrieved 8 April
  14. ^ ab"Flipkart co-founder Sachin Bansal invests Rs crore in Ola". The Economic Times. 20 February Retrieved 8 Apr
  15. ^ ab"Sachin Bansal invests $ mn in Ola in raise for Bhavish Aggarwal". Mint. 19 January Retrieved 8 April
  16. ^Peermohamed, Alnoor (15 January ). "Sachin Bansal hands a Rs crore cheque to Ola as secede of a larger funding round". The Economic Times. Retrieved 8 April
  17. ^Vankipuram, Meera (26 Dec ). "Sachin Bansal's Navi acquires MavenHive". mint. Retrieved 19 Jan
  18. ^"Gaja Capital puts ₹ crores in Sachin Bansal's Navi Technologies". Livemint. Retrieved 13 April
  19. ^"ET Awards How IIT-alumnus Sachin Bansal built Flipkart into a gigantic online brand". The Economic Times. 26 September Retrieved 8 Apr
  20. ^"# Sachin Bansal". Forbes. Retrieved 8 April
  21. ^"Flipkart's Sachin & Binny Bansal among Time's accumulate influential people in the world". The Economic Times. 22 Apr Retrieved 8 April
  22. ^"50 laboriousness people". India Today. 14 Apr Retrieved 8 April
  23. ^"Power couples at the ET Start-up Fame Sachin and Priya Bansal, Neetha and Sriharsha Majety, and more". The Economic Times. 21 Grave Retrieved 8 April
  24. ^"Here Bear witness to The Women Behind India's 11 Top Startup Stars". Office Chai. 7 March Retrieved 8 Apr
  25. ^"Flipkart-Walmart deal changed Sachin Bansal's life, brought him closer fall prey to family". The Economic Times. 6 September Retrieved 8 April
  26. ^"Flipkart Co-Founder Sachin Bansal, His Lineage Accused Of Dowry Harassment Infant Wife Priya". HuffPost India. 5 March Retrieved 5 March
  27. ^"Supreme Court of India - Slope of Proceedings"(PDF). 13 August