Flipkart Co-Founder Sachin Bansal Registers A New Startup

Flipkart's previous fellow benefactor, Sachin Bansal has enrolled another non-government privately owned business, BAC Acquisition Private Limited. As indicated by the Registrar of Companies (RoC), Bansal with previous speculation investor Ankit Agarwal enlisted the organization on tenth December. While the idea of the matter of BAC Acquisitions is misty, it is by all accounts a holding organization.

After Walmart gained Flipkart, not long ago, Sachin Bansal surrendered from the Position of Executive Chairman. This was the main fruitful exit for a start-up unicorn in the Indian start-up biological community. The prime supporter left Flipkart subsequent to moving his 5.5% stake for a detailed measure of $800 million-$1 billion. Not long after the obtaining, bits of gossip surfaced that Sachin was compelled to leave Flipkart over a difference about his job post-securing.

In November, only a couple of months after Sachin leaving, Binny Bansal too quit. He was the other prime supporter and the then CEO of the organization. Both significant players and fellow benefactors leaving the highest start-up in the framework made swells in the Indian start-up biological community.

For over 10 years now

For over 10 years, Flipkart has been the organization for the Indian start-up environment. Sachin and Binny Bansal were gazed upward to by different business visionaries for motivation. They were known to work in cooperative energy. While Sachin was the visionary in the two, Binny was known as the task fellow. It is plainly apparent that the pair was independent. They put their own cash and established Flipkart. Also, from being an online book retailer, they incorporate it with the nation's biggest web based business site. What's more, that, they accepting blows as well as dependably set up rivalry from other outside brands in the Indian market, and still remained steadfast.

Flipkart's history is an inheritance for youthful business visionaries to pursue, and Sachin and Binny Bansal prepared to put the Indian start-up on feature in the worldwide scene. They demonstrated the worldwide players about the development openings in the Indian market.

Presently that Sachin is back in the field, it will be extremely intriguing to perceive how his new pursuit works out.