Sachin Bansal

Flipkart Co-Founders Commit Rs 125 Crores For IIT Delhi Endowment Fund

Education | Edited by Shihabudeen Kunju S | Thursday October 31, 2019

The President of India, Ram Nath Kovind, launched the Endowment Fund of Indian Institute Technology (IIT) Delhi at Rashtrapati Bhavan today.

Sachin Bansal Slammed For Recommending "Misogynistic" Twitter Account

India News | Friday October 11, 2019

Flipkart co-founder Sachin Bansal has been severely criticised for endorsing a Twitter handle that has been dubbed as misogynistic. On Wednesday, Mr Bansal recommended the handle @LifeMathMoney to "all men on Twitter".

Flipkart Co-Founder Sachin Bansal Pumps Rs 740 Crore In A Non-Banking Financial Company

Business | Indo-Asian News Service | Wednesday September 25, 2019

The former CEO and co-founder of Flipkart will take charge as CEO of the micro-finance company CRID.

Electric Scooter Start-Up Ather Raises $51 Million In Funding

Business | Thomson Reuters | Tuesday May 28, 2019

Ather, which raised the fresh round of funding from existing backers Hero MotoCorp, Flipkart founder Sachin Bansal

Ather Energy Secures New Investment Of $51 Million In Latest Round Of Funding

CarAndBike Team | Tuesday May 28, 2019

Indian electric scooter start-up Ather Energy has raised an investment of $51 million in its latest round of funding. The new investment was led by Sachin Bansal's $32 million, and his second with the electric mobility company after coming on board as an angel investor with $0.5 million in 2014. In addition to Bansal, Hero MotoCorp has converted it...

The Rise Of India's New Billionaires As Business Dynasties Flounder

Business | PR Sanjai and Saritha Rai, Bloomberg | Wednesday May 8, 2019

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country's old dynasties.

Flipkart Co-Founder Sachin Bansal Invests Rs 650 Crore In Ola

Business | NDTV Profit Team | Tuesday February 19, 2019

Sachin Bansal left Flipkart last year after US retail giant Walmart picked up a 77 per cent stake in the Indian e-retailer for $16 billion.

Ola Announces Sachin Bansal Has Invested Rs. 650 Crores in His Personal Capacity

Jagmeet Singh | Tuesday February 19, 2019

Ola has announced that the latest investment by Sachin Bansal is a part of its Series J funding round.

Flipkart Co-Founder Sachin Bansal Invests Rs. 650 Crore In Ola: Report

Business | NDTV Profit Team | Monday January 14, 2019

Flipkart co-founder Sachin Bansal has pumped in about Rs 650 crore in ride-hailing platform Ola, news agency Press Trust of India reported, quoting documents filed with the Corporate Affairs Ministry. The investment from Mr Bansal comes as Ola is locked in a battle for market leadership with US-based rival Uber in India and other markets such as Au...

Allegations Left Me Stunned, Flipkart's Binny Bansal Told Staff In Email

India News | Taylor Telford, Joanna Slater, The Washington Post | Wednesday November 14, 2018

The chief executive of Walmart's Flipkart Group, Binny Bansal, is stepping down amid an investigation into "serious personal misconduct," the retailer announced Tuesday.

Walmart Go Back! Indian Trader, Farmer Groups Decry Flipkart Deal

India News | Reuters | Thursday May 10, 2018

A day after US retail giant Walmart struck its largest deal with a big ticket investment in Indian online marketplace Flipkart, a right-wing Hindu group that fears small traders will suffer staged a protest in New Delhi calling for the deal to be scrapped.

When Flipkart Co-Founder Sachin Bansal Had To Return Amazon Employee Recommendation Bonus

Business | NDTV Profit Team | Thursday May 10, 2018

Flipkart group chairman Sachin Bansal on Wednesday announced his exit from the e-commerce company. His exit came in the wake of US retail giant Walmart announcing a deal to acquire Flipkart.

Flipkart Co-Founder Sachin Bansal Announces He Is Moving On in a Facebook Post

ANI | Thursday May 10, 2018

In a Facebook post, Bansal announced that he would be taking a step back from the company to "focus on pending personal projects".

Will "Brush Up Coding Skills": Co-Founder Sachin Bansal Who Quit Flipkart

Business | NDTV Profit Team | Thursday May 10, 2018

Sachin Bansal's exit comes in the wake of US retail giant Walmart announcing a deal to acquire Flipkart.

Flipkart-Walmart $16 Billion Deal: A Challenge 'Delivered' To Walmart As Its Shares Slide

Business | NDTV Profit Team | Thursday May 10, 2018

Critics opine that Walmart may not be able to make good of the Flipkart deal as there is barely any precedent of it doing well in businesses outside America