Flipkart Story: Binny Bansal Journey, Net Worth & Exit from Flipkart
Published: November 2025 • Category: Business / Startup
Binny Bansal was brought into the world in Chandigarh. His dad was a bank chief and his mom likewise worked in an administration work. Binny examined from IIT Delhi.
effectivegatecpm.com/5e16486d42040bd7b6ffdede24664177/invoke.jsFlipkart’s Beginning
New Delhi — Binny Bansal, who began Flipkart in 2007 with Sachin Bansal in a little room, is presently totally out of the organization. Binny has likewise sold his excess two percent stake in Flipkart to Walmart. Walmart purchased a significant stake in Flipkart in 2018. Sachin Bansal had offered his whole stake to Walmart that very year. Individuals mindful of the new arrangement say that Binny Bansal has now gotten ₹5,347 crore.
Alongside Sachin Bansal, Binny began Flipkart in Bangalore in 2007 to sell books online. At first, the two contributed around over two lakh rupees. They took requests, pressed books, and did conveyances themselves. Inside 10 years, Flipkart became India’s driving online business organization. By 2022, its valuation was assessed at around ₹2,87,000 crore.
Education and Early Career
Binny finished his studies from IIT Delhi. Later he began working with Amazon. While working there, he got the thought of beginning an internet business to sell books. He quit his job and, alongside Sachin Bansal, began Flipkart.
Net Worth and Investments
As per Forbes, Binny Bansal’s total assets are around ₹11,500 crore. He presently lives in Singapore and runs an investment company named Three State Adventures. He has put cash in numerous Indian new companies, including PhonePe (around $150 million) and Curefoods (₹240 crore).
Walmart’s Full Ownership
Flipkart is presently completely claimed by Walmart. Early financial backers like Tiger Global and Accel (Succeed) have likewise sold their stakes, marking Walmart’s full control of this e-commerce goliath.
- Binny Bansal co-founded Flipkart in 2007.
- Sold remaining 2% stake to Walmart for ₹5,347 crore.
- Flipkart’s valuation in 2022: ₹2.87 lakh crore.
- Current net worth: ₹11,500 crore (approx).
0 Comments