Sachin Bansal was born in Chandigarh in 1981 and studied computer science at IIT Delhi. He took the IIT-JEE twice, moving from rank 2470 to rank 49. After graduating he worked at Techspan and then at Amazon Web Services.
In 2007 he and Binny Bansal quit Amazon and started Flipkart in Bengaluru in October. Sachin called it a two-man show. They wrote the code, collected books from shops and delivered the parcels themselves. Friends would not join, and it took about eighteen months before a small firm pledged $1 million.
Accel India invested $1 million in 2009, and Tiger Global followed in 2010. By 2014 Flipkart had raised $1 billion at a valuation near $11 billion and bought Myntra. Sachin was the first CEO and later executive chairman.
In May 2018 Walmart announced the purchase of about 77% of Flipkart for roughly $16 billion, completed on 18 August 2018. Sachin sold his stake in the deal and has said his wealth was a little over $1 billion afterwards. He later built Navi Technologies, which filed for a Rs 3,350 crore IPO in March 2022.