From the Editor

  • Former Amazon executive Binny Bansal teamed up with pal Sachin Bansal in 2007 to found Flipkart as an online seller of books, and later grew it into an e-commerce giant.
  • The duo, who share the same surname but are not related, pooled $6,000 of their combined savings and started operating out of their apartment.
  • In 2018, Walmart bought a 77% stake in India-based Flipkart for $16 billion in what was reportedly then the world's biggest deal for an internet firm.
  • In 2023, Bansal sold his remaining 1.8% stake to Walmart in a deal that reportedly valued Flipkart at $35 billion.
  • He's now chairman of xto10X, an Indian firm that he cofounded with two former Flipkart colleagues, which helps startups scale up their operations.
Wealth History
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Personal Stats
Age
43
Source of Wealth
Flipkart, Self Made
Residence
Singapore, Singapore
Citizenship
India
Marital Status
Married
Children
2
Education
Bachelor of Technology, Indian Institute of Technology
Related People & Companies
India
India
Citizen of India
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N.R. Narayana Murthy
N.R. Narayana Murthy
Related by education: Indian Institute of Technology
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Navin Chaddha
Navin Chaddha
Related by education: Indian Institute of Technology
View Profile
Saurabh Mittal
Saurabh Mittal
Related by education: Indian Institute of Technology
View Profile
Vinod Khosla
Vinod Khosla
Related by education: Indian Institute of Technology
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