Sachin Bansal

Sachin Bansal

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Timeline

November 14, 2019

Sachin Bansal invests Rs 888.50 crore (approx $123 million) in Navi Technologies to enable the company to scout for growth opportunities, organic and inorganic, in the broad financial sector space.

July 6, 1976

Sachin Bansal was born.

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News

Title
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Date
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Yuvraj Malik
April 13, 2020
@bsindia
The Flipkart co-founder has also elevated himself as managing director, Navi.
March 5, 2020
Inc42 Media
Flipkart cofounder Sachin Bansal's wife Priya has filed a dowry harassment case against him and three of his family members
March 3, 2020
Moneycontrol
The poster also hints that more units of the Poco X2 Phoenix Red would be available for sale on March 3
Yuvraj Malik
January 28, 2020
@bsindia
The Flipkart co-founder resigned for proprietary reasons as he moves to launch his own digital banking entity
January 28, 2020
Livemint
Bansal, through his investment firm Navi Technologies, is focusing on the financial services sector.Bansal founded Navi Technologies after moving out of Flipkart in May 2018
Bibhu Ranjan Mishra & Yuvraj Malik
January 20, 2020
@bsindia
Flipkart co-founder says he will invest all his capital in this space; Nachiket Mor joins Navi board as director
Yuvraj Malik & Bibhu Ranjan Mishra
November 16, 2019
@bsindia
Read more about Will Sachin Bansal's long term bet in financial services pay off? on Business Standard. This September, the ace entrepreneur found the answer to that when he picked 94 per cent stake in microfinance company Chaitanya Rural Intermediation Development Services
Yuvraj Malik
November 14, 2019
@bsindia
Read more about Sachin Bansal puts Rs 888 cr in investment vehicle, renames it Navi Tech on Business Standard. Since exiting Flipkart last year, he has invested in start-ups, including Ola, Ather, Vogo, privately and through his investment vehicle BAC Acquisitions
Press Trust of India
October 7, 2019
@bsindia
Read more about CCI okays Essel MF acquisition by Sachin Bansal's BAC under 'green channel' on Business Standard. This is the first clearance under the 'green channel' route, a speedier approval mechanism put in place by the CCI.
October 7, 2019
Entrackr
Flipkart co-founder and current CEO of CRID, Sachin Bansal along with the Poonawalla family will invest about Rs 100 in Mumbai-based NBFC U Gro
Deepti Chaudhary
September 29, 2019
https://www.livemint.com
Bansal made more than $1 billion by selling his 5.5% stake in Flipkart during the $16 billion Walmart-Flipkart deal in 2018.Besides the debt deals, Bansal has invested $100 million in Ola and has led a $51 million funding round in Ather Energy
September 26, 2019
The Economic Times
Flipkart co-founder acquires 94% stake in Bengaluru-headquartered Chaitanya Rural for Rs 739 crore.
September 25, 2019
Entrackr
Sachin Bansal, has pumps Rs 740 crore ~ $104 million in Chaitanya Rural Intermediation Development Services Private Limited (CRIDS).
September 12, 2019
The Economic Times
India Ratings cut the creditworthiness of foreign private equity-backed Altico Capital to 'IND A+.
September 12, 2019
The Economic Times
India Ratings cut the creditworthiness of foreign private equity-backed Altico Capital to 'IND A+.
M Sriram
Invalid Date
DealStreetAsia
The investment was made through BAC Acquisitions, the holding company Bansal started with investment banker Ankit Agarwal.
Jon Russell
Invalid Date
TechCrunch
The money is starting to flow from India's largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested 650 crore INR (around $92 million) into the Indian ride-hailing business. The deal rumored in Janua...
Pramugdha Mamgain
Invalid Date
DealStreetAsia
US-based Sazerac has acquired an additional 20% stake in Indian liquor maker John Distilleries from private equity firm Gaja Capital.

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