Sachin Bansal Net Worth $1.2 Billion, Know all about Flipcart Founder Entrepreneur Journey
Sachin Bansalis an Indian entrepreneur best known for co-founding Flipkart. Over his 11-year journey with Flipkart, he served as both CEO and chairman, playing a crucial role in transforming the company into India’s leading e-commerce platform.
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In 2018, after Walmart acquired Flipkart in a $16 billion deal, Bansal exited the company, selling his stake for around $1 billion.Following his Flipkart exit, he shifted focus to Navi Technologies, a fintech company he founded in 2018. As part of its expansion, Navi acquired Bengaluru-based tech consulting firm Maven Hive in December 2019—though financial details of the deal weren’t disclosed.
Sachin Bansal Early Life
Sachin Bansal was born on August 5, 1981, in Chandigarh, India. He grew up in a middle-class family, with his father working as a businessman and his mother as a homemaker. From a young age, he showed a keen interest in technology and computers.
He completed his schooling in Chandigarh and later pursued a Computer Science degree from the Indian Institute of Technology (IIT) Delhi. During his time at IIT, he developed a strong foundation in coding, algorithms, and software development, which later played a key role in shaping his entrepreneurial journey.
Sachin Bansal Net Worth
As of 2025, Sachin Bansal's net worth is around $1.4 billion (approximately 10,800 crore in rupees ). His wealth comes from his successful entrepreneurship career. Sachin Bansal is now the managing director of Navi Group, a financial services company.
Sachin Bansal's Financial Overview
Category | Details |
---|---|
Flipkart Exit (2018) | $1 billion (from 5.5% stake sale) |
Navi Technologies Valuation | ₹10,000+ crore (as of recent reports) |
Planned Navi IPO (2022) | ₹3,350 crore (withdrawn) |
Major Investments | Ujjivan Small Finance Bank (₹200 crore), Ather Energy, fintech startups |
Estimated Net Worth | ₹10,000+ crore ($1.2+ billion) |
Key Acquisitions | Maven Hive (2019), COCO General Insurance (2020) |
RBI Banking License Status | Applied, but not yet granted |
Sachin Bansal Income Source
Sachin Bansal's wealth comes from multiple income sources. His biggest financial breakthrough was in 2018, when he sold his 5.5% stake in Flipkart for $1 billion after Walmart acquired the company in a $16 billion deal.
Following his exit from Flipkart, he founded Navi Technologies in 2018, a fintech company that offers loans, insurance, and investment services. In 2022, Navi planned a ₹3,350 crore IPO but later withdrew the proposal. Despite this, the company continues to generate revenue through financial services, lending, and insurance premiums.
Apart from Navi, Sachin has invested over ₹200 crore in various startups and businesses, including Ujjivan Small Finance Bank and CRIDS. He also owns a stake in Ather Energy, an electric vehicle startup. His interest in the financial sector led him to acquire COCO General Insurance in 2020 from Dewan Housing Finance Limited. Additionally, he applied for a banking license with the RBI, aiming to expand Navi’s financial services.
Sachin Bansal Successful Career Journey
Sachin Bansal’s journey in the tech and business world started in 2006 when he joined Amazon as a Software Engineer. But he had bigger plans. In 2007, he teamed up with Binny Bansal (no relation) to launch Flipkart, initially as an online bookstore. What started as a small venture quickly evolved into India’s biggest e-commerce platform, expanding into categories like electronics, fashion, and home essentials.
As CEO and Chairman, Sachin played a key role in Flipkart’s rapid growth, leading major fundraising rounds and overseeing strategic acquisitions like Myntra and Jabong. By 2018, Flipkart had reached a massive $20 billion valuation. That same year, Walmart acquired the company for $16 billion in one of the biggest deals in India’s startup history. Sachin sold his 5.5% stake for $1 billion and exited the company.
Navi Technologies & Beyond
After leaving Flipkart, Sachin turned his attention to fintech. In 2018, he founded Navi Technologies, focusing on digital lending, insurance, and investment services. Navi quickly became a strong player in the sector and even planned a ₹3,350 crore IPO in 2022, though the listing was eventually withdrawn.
To strengthen Navi’s position, Sachin made key acquisitions, including software firm Maven Hive (2019) and COCO General Insurance (2020). He also applied for a banking license from the RBI, aiming to turn Navi into a full-fledged financial institution.
Investments & Other Ventures
Beyond Navi, Sachin has made several high-profile investments in startups, including:
Ujjivan Small Finance Bank – Invested ₹200 crore
Ather Energy – Backed the electric vehicle startup
Multiple fintech and tech-driven companies
Through Navi and his investments, Sachin Bansal continues to shape India’s financial landscape, using technology and innovation to challenge traditional banking and lending systems.