Sachin Bansal and Binny Bansal are the co-founders of Flipkart, one of India's largest e-commerce companies. Both attended IIT Delhi and worked for Amazon before leaving to start Flipkart in 2007. In the early days, they would deliver books around Bangalore on their scooters. Factors in Flipkart's success included selecting the right product categories, convenience, supply chain efficiency, customer service, discounts and offers. Sachin and Binny have received several awards and recognition for their success with Flipkart. SoftBank recently invested $2.5 billion in Flipkart, the largest private investment in an Indian tech company.
1. 0 1 . K E T A N S I N G H
0 3 . N A V N E E T C H A N D R A
1 0 . R A J I V R A N J A N
8 3 . P R A S H A N T V E R M A
8 4 . A D A R S H S I N G H
7 0 . A B H A Y K U M A R
9 1 . R I S H A V S I N G H
P R E S E N T A T I O N A T BIT PATNA
G U I D E D B Y : M R . R I T E S H R A V I S I R
TOPIC : SACHIN BANSAL AND BINNY BANSAL
GROUP NAME: ONE 2 NINETY ONE
2. SACHIN BANSAL
CHILDHOOD
Born on 5th august 1981 in chandigarh.
His schooling was from St. Anne’s convent
school
His father was in business and his mother a
homemaker.
3. SACHIN BANSAL
EDUCATION
He scored an All India Rank 49 in IIT JEE.
He graduated from IIT DELHI with a degree in
computer science.
4. SACHIN BANSAL
THE BEGINNING OF CAREER
After completion of degree Sachin Bansal joined Techspan
company.
In 2006, he joined Amazon.com India as Senior Software
Engineer.
Then he got Binny Bansal into the Amazon.com and after 6
months they both decided to leave Amazon.
5. BINNY BANSAL
CHIDHOOD
Binny Bansal is originally from Chandigarh.
His schooling was from St. Anne’s in
chandigarh.
His father was chief manager at a bank, and
his mother, a government sector employee.
6. BINNY BANSAL
EDUCATION
He is also graduated from the Indian Institute of
Technology Delhi with a degree in Computer
Science and Engineering.
7. BINNY BANSAL
THE BEGINNING OF CAREER
Binny worked with Sarnoff Corporation for 1.5
year.
Then after, Binny was previously employed
with Amazon for 9 months.
Before joining amazon, he was rejected
by Google twice.
After leaving Amazon in 2007, they(Sachin &
Binny) founded Flipkart as an e-
commerce company.
8. EARLY DAYS OF FLIPCART
Flipkart is an electronic
commerce company
headquartered in Bangalore,
Karnataka. It was founded in
October 2007 by Sachin
Bansal and Binny Bansal (no
relation).
The early days of Flipkart Sachin
Bansal and his business partner
Binny Bansal used to deliver books
across Bengaluru on their
scooters.
9. FLIPKART : REASON FOR SUCCESS
1. Product category selection.
2. Convenience.
3. Supply chain efficiency.
4. Focus on customer service.
5. Discount and free shipping.
6. Exchange offer.
7. Cash on delivery.
8.Easy return policy.
10. AWARDS AND RECOGNITION
Entrepreneur of the year – ET Awards (2012–
2013).
In November 2015, Sachin Bansal along with
the co-founder of Flipkart, Binny Bansal, was
named the 86th richest person in India by
Forbes India Rich List.
India Today magazine ranked him #26th
along with Binny Bansal in India's 50 Most
powerful people of 2017 list.
12. Sachin Bansal's success story speaks
“We used to stand outside Gangaram Book
Stores on Church Street and hand over
Flipkart bookmarks to the people coming
out of the shop. In order to make sure that
our targeting was right, we would give
bookmarks to only those who were coming
out with books in hands; the people who
have made purchases”.
Recalling one of the marketing strategies,
sachin bansal says,
13. RECENT NEWS OF FLIPKART
SoftBank's Vision Fund, the
world's largest private equity
fund, will invest close to $2.5
billion in Flipkart via primary and
secondary share purchases.
It is the biggest private investment
in an indiantech company.