Sachin Bansal Hired as the new MD of Navi Technologies: Report

Fintech firm Navi Technologies has hired Sachin Bansal as its new managing director, after the latter invested whopping INR 3000 crore in the company barely few weeks back. Navi’s management has approved Bansal’s appointment as the new MD, according to the media reports. Earlier this month, Flipkart’s ex-CEO and…

ByGirish ShettiApril 13, 20200Comments

News

Is Sachin Bansal’s Marriage Collapsing?

In a shocking development, Priya Bansal –wife of Sachin Bansal – has filed a dowry harassment case in a local police station in Bengaluru against his spouse. According to reports, Priya Bansal filed the first information report (FIR) on 28 February at Koramangla police station in Bengaluru against Sachin Bansal and his family members including his…

ByGirish ShettiMarch 5, 20200Comments

Acquisitions

Sachin Bansal’s Navi Technologies Acquires Bengaluru based MavenHive

Sachin Bansal has acquired the role of a crusader cum investors after his exit from Flipkart last year. The role eventually paved way for investment in plethora of startups, wherein Bansal’s special investment firm Navi Technologies (previously known as BAC Acquisitions) played an anchoring role. Now this investment firm has added yet another startup in…

ByGirish ShettiDecember 27, 20190Comments

Funding News

Weekly Startup Funding: Sachin Bansal & Club Factory made big Headlines

We are once again back with our weekly ritual to enlighten our readers about the top 10 startup funding activities of this week. This week once again saw the return of Sachin Bansal on the investment horizon as he continues his fixation with the Fintech sector. This week also saw niche sectors like social commerce…

ByGirish ShettiOctober 13, 20190Comments

Funding News

Sachin Bansal Continues his Love Affair with Fintech Startups

The NBFC industry may be facing its worst liquidity crisis but trying explaining this to Sachin Bansal, who completely seems to be in a defiant mood. After backing strings of Fintech startups recently, Bansal has now infused funds in the Mumbai based Fintech startup U Gro. The Flipkart co-founder along with Poonawalla family has invested…

ByGirish ShettiOctober 7, 20190Comments

Funding News

Weekly Startup Funding: Sachin Bansal Makes Comeback as a CEO

We are back with our weekly startup funding roundup to tell you about which startups got lucky this week. And, of course, also to tell you about which investors decided to take the ‘leap of faith’ for seeking long term profit and also possibly to shape the destinies of some of biggest companies to grace…

ByGirish ShettiSeptember 28, 20190Comments

Funding News

Sachin Bansal Invests in Chaitanya Finance and Kissht

Flipkart’s co-founder Sachin Bansal has expanded his Fintech portfolio by investing in two B2C fintech firms. Bansal has invested Rs 25 crore in Chaitanya India Finance and Rs 50 crore in Kissht, according to reports. None of the concerned parties have so far confirmed the funding news. Flipkart co-founders Sachin Bansal (left) and Binny Bansal (right) Reports…

ByGirish ShettiJuly 24, 20190Comments

Funding News

Sachin Bansal Pumps Fresh Funds in MilkBasket Via Venture Debt

After becoming overnight billionaires following the exit from Flipkart, Sachin Bansal has been on an investment spree. He has invested in strings of startups including ride hailing major Ola. Now the latest startup to enter Bansal’s investment portfolio is grocery and milk delivery startup MilkBasket. According to reports, Bansal’s investment firm BAC Acquisitions has invested…

ByGirish ShettiApril 29, 20190Comments

Funding News

Sachin Bansal’s Hibernation Period may soon come to end: Report

Flipkart co-founder Sachin Bansal is reportedly planning to invest funds to acquire majority stake in a Bengaluru-based microfinance firm. The firm has been identified as Chaitanya India Fin Credit (CIFCPL), according to sources familiar with the matter. Sources claim that Bansal is planning to acquire 75% stake in CIFCPL and talks between the two parties…

ByGirish ShettiApril 12, 20190Comments

Funding News

Sachin Bansal makes Landmark Investment of $92 Mn in Ola

Sachin Bansal has invested whopping Rs 650 crore or $92 million in ride-hailing Major Ola. Bansal’s latest investment in Ola is the largest individual investment in an Indian startup, making it one of the landmark investments in Indian startup ecosystem. Flipkart co-founder had already invested Rs 150 crore in Ola via primary infusion few weeks…

ByGirish ShettiFebruary 20, 20190Comments

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