Binny Bansal

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Binny Bansal
Nationality Indian
Home town Chandigarh
Net worth $1.3 Billion (2015)[1]
Website Flipkart.com

Binny Bansal is an Indian software engineer and Internet entrepreneur.[2] In 2007 he co-founded the e-commerce platform Flipkart with Sachin Bansal (not related) and was serving as the Chief Operating Officer until 11 January 2016 and was promoted to Chief Executive Officer.[3][4] In January 2017 he was promoted to Group CEO[5] of Flipkart. Binny is from Chandigarh and graduated from the Indian Institute of Technology Delhi with a degree in Computer Science and Engineering.[6][7]

Early life[edit]

Binny Bansal is originally from Chandigarh, the capital city of Punjab and Haryana. His business partner, Sachin Bansal, is also from Chandigarh. Although they share the same last name, they are not related.[8] They both coincidentally, were students of computer science engineering at Indian Institute of Technology Delhi. Binny currently resides in Bangalore. His father is a retired chief manager at a bank and mother is in the government sector, has no sibling and is married to a homemaker.[9]

Early career[edit]

Before co-founding Flipkart, Binny was previously employed with Amazon for 9 months before that he was rejected by Google twice.[10] 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,[11] where he developed a lane sensor device for cars which would warn you and beep automatically if you change lanes without giving a signal.

Awards and recognition[edit]

  • In September 2015, Binny Bansal along with Sachin Bansal, was named the 86th richest person in India with a net worth of $1.3 billion by Forbes India Rich List.[12]
  • India Today magazine ranked him #26th along with Sachin Bansal in India's 50 Most powerful people of 2017 list.[13]

References[edit]

External links[edit]