Overview

Gender

male

Investor Type

Investment Partner,Angel

Investor Stage

Seed

After completion of his degree, Sachin Bansal joined Techspan company where he has served for few months. In 2006, he joined Amazon.com India as a Senior Software Engineer. Then he got Binny Bansal into 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 India was 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 Bengaluru 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.

And now, Sachin Bansal is the CEO of Chaitanya Rural Intermediation and Development Services.