Binny Bansal
Technology

Binny Bansal Net Worth

10 months from now

Binny Bansal and Sachin Bansal, two Indian billionaires who share the same surname but are not related, founded Flipkart in 2007 with $6,000 of their combined savings. The company has since grown to become India's top internet retailer, often referred to as the country's Alibaba, and has attracted $1.9 billion from investors such as Tiger Global Management, Qatar Investment Authority and Naspers. It now boasts 30 million products, 46 million registered users and 8 million shipments a month. In January, Binny took over as chief executive from Sachin.
Binny Bansal is a member of Technology

Age, Biography and Wiki

Birth Place India
Home town Chandigarh
Website Flipkart.com

💰 Net worth: $1.4 Billion (2024)

Binny Bansal, an influential figure in the technology sector in India, is expected to amass a net worth of $1.4 billion by 2024. With a remarkable entrepreneurial journey, Bansal's contributions to India's growing tech industry have solidified his position as a visionary leader. Co-founding one of India's leading e-commerce platforms, Flipkart, Bansal has played a pivotal role in revolutionizing the way Indians shop online. His exceptional business acumen and strategic decision-making have not only positioned him as a prominent figure in India's technosphere but have also translated into significant financial success. With his net worth projected to reach an astonishing $1.4 billion in 2024, Bansal's remarkable journey continues to inspire aspiring entrepreneurs across the country.

Biography/Timeline

2007

Before co-founding Flipkart, Binny was previously employed with Amazon for 9 months before that he was rejected by Google twice. Binny Bansal and his Business partner Sachin Bansal 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. Before joining Amazon, Binny worked with Sarnoff Corporation for 1.5 years, where he developed a lane sensor device for cars which would warn you and beep automatically if you change lanes without giving a signal.

Some Binny Bansal images

Tags Living people Businesspeople from Chandigarh Indian software engineers 20th-century Indian businesspeople Indian Institute of Technology Delhi alumni Indian chief operating officers Amazon.com people Indian billionaires Flipkart people Indian business biography stubs Indian Internet company founders Indian technology chief executives Indian technology company founders Indian online retailer founders St. Anne's Convent School, Chandigarh Alumni

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.