Sachin Bansal
Major acceleration! Electric scooter manufacturer Ather raises $51 mn funding led by Sachin Bansal
Wed, May 29, 2019
In a big shot in its arm, electric scooter manufacturer Ather Energy has raised an investment of $51 mn in its latest round of funding, led by Sachin Bansal’s investment of $32 mn. Also, Hero MotoCorp has converted its Convertible Debt of $19 Mn as a part of this round. In addition to this, InnoVen Capital has extended an $8 Mn venture debt.
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Sachin Bansal's investments: Flipkart co-founder is betting big on these startups - Check details
Tue, Apr 30, 2019
Sachin Bansal, co-founder of e-commerce major Flipkart, has recently put money in many startup ventures. In February 2019, he invested Rs 650 crore or $92 million in Ola, a ride-hailing start-up in India.
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Sachin Bansal’s BACQ invests Rs 20 crore in Milkbasket
Mon, Apr 29, 2019
Sachin Bansal’s firm BACQ has invested Rs 20 crores in a daily grocery delivery service, Milkbasket. Launched in early 2015, Milkbasket is a daily grocery delivery service that (accessible on milkbasket.com, iOS and Android) delivers entire grocery needs of a household every day before 7:00 a.m.
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Internet entrepreneur and Flipkart co-founder Sachin Bansal invests Rs 650 crore in Ola Cabs
Tue, Feb 19, 2019
Internet entrepreneur and Flipkart co-founder Sachin Bansal has invested Rs 650 crore, or about $92 million, in ride-hailing platform Ola in his personal capacity as investor , the company said in a statement on Tuesday.
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Flipkart co-founder Sachin Bansal invests Rs 650 cr in Ola cabs
Tue, Feb 19, 2019
The investment is part of Ola's plans to raise about USD 1 billion in funding. In October last year, the Bengaluru-based company had announced raising USD 1.1 billion funding from China's Tencent Holdings and SoftBank Group.
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From Flipkart founders Sachin and Binny Bansal to PM Narendra Modi, check top news
Fri, Nov 23, 2018
As the nation is inching closer to the next year's general elections, several mega plans are being unfolded. Prime Minister Narendra Modi on Thursday, through video conferencing from New Delhi, launched/laid foundation stones of city gas distribution projects.
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Income tax returns shocker for Flipkart founders Sachin Bansal and Binny; this is what taxman wants from duo
Thu, Nov 22, 2018
Income tax returns: The I-T department has written to Flipkart founders Sachin Bansal and Binny Bansal seeking to know the details of the income earned following their share sale to US retail giant Walmart and when they would be depositing the advance tax, an official said.
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Flipkart makers' exit! First Sachin Bansal, now Binny Bansal; This is how they give India its largest shopping portal
Fri, Nov 16, 2018
A scandal has emerged in Flipkart, but that has been under the leadership of US-based offline retailer Walmart, albeit, it has to do with a co-founder. What has happened is that, since Flipkart came under ambit of Walmart, two of its founder have left the company.
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In shock move, Warren Buffett ends 20-year love affair with Walmart; Flipkart or Amazon to blame?
Fri, Nov 16, 2018
Berkshire’s investment in Walmart goes way back to 1998, and Buffett held some 20 million shares in the retailer until he doubled that by the end of 2009. In the year 2003, Buffett had even purchased Walmart’s McLane food-distribution business.
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Binny Bansal resigns: What next at Flipkart now
Wed, Nov 14, 2018
After the unceremonious, even ignominous, exit of Binny Bansal from the very cpompany he co-foinded, Kalyan Krishnamurthy, who heads the company's main Flipkart e-commerce operation, would now act as chief executive for a broader group.
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Who is Sachin Bansal, the man who started Flipkart but sold it to Walmart
Fri, May 11, 2018
Sachin Bansal, the poster boy of India's e-commerce revolution, had once said he will never sell Flipkart, but guess he got an offer he just could not refuse! It so happened that he has now exited the business by selling his entire stake in Flipkart.
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Emotional Sachin Bansal takes to Facebook to bid adieu to Flipkart staff, says his 'work here is done'
Thu, May 10, 2018
Sachin and Binny began by selling books when they founded Flipkart, and then expanded to sell music, movies, games, electronics and mobiles. The first book the company sold was John Wood’s Leaving Microsoft to Change the World. Then, the e-commerce company launched logistics arm Ekart.
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