- Were Never Friends In
School
Sachin and Binny Bansal were born and
brought up in Chandigarh. They went to the
same school but never good friends while
young. They got to know each other better,
while studying in IIT Delhi. Duo were
residents of Jwalamukhi hostel and passed
out in 2004.
- They Are Not Related
Despite what people think, due to their
similar surnames, they are not related to
each other at all. Except for their common
passion to be the most successful
ecommerce store in India.
- The Amazon Connection
Binny was actually rejected twice by Google,
before he joined Amazon. Sachinand Binny
had actually crossed each other’s path
thrice before they started Flipkart. They first
met in school, and then they were good
friends at IIT Delhi and finallyrealizedtheir
common dream when they both joined
Amazon. However, Sachin joinedin 2006 and
Binny in 2007.
- Binny The Shy One
Binny is the COO of the company and is
quiet and reserved when compared to
Sachin. Between the two he is the original
book buff, with Salman Rushdie his favorite
author. But images can be deceptive as we
found out that he was the captain of the
basketball team in his school and college.
He is also a huge fan of Chicago Bulls.
- Binny The Sports Freak
Binny also likes the outdoors and loves to go
for white water rafting adventures. He is
also an accomplished tech guy, as while
working for Sarnoff Corporation he had
developed a lane senor device for cars.
- Sachin Has An Appetite For
Risk
He likes to talkstraight and can be candid
about it. When askedifhe would liketo
become the Amazon of India, he said no he
would like to be the Flipkart of India. His
intuition and gut along with the numbers of
Binny has driven the company to the
success that it has achieved in just a few
years.
Sachin-Has-An-Appetite-For-Risk
- Sachin Is A Go-Getter
There are business men who make modules
and ponder on the risks more than the gains.
He is actually quite the opposite. He likes to
strike a deal once he sees a good one,
without wasting anytime. He is not obsessed
with eliminating risks, instead likes to
achieve the impossible.
Sachin-Is-A-Go-Getter
- Bow Down To the Courage
Of The Duo
Expanding its wings in Indian e-commerce
market, recently Flipkart acquired Myntra for
a staggering amount of$300m. Credit should
be given to both the co founders for having
the guts to acquire a company that was one
fourth in size in comparison to them. To
enter the fashion industry was one of their
boldest moves. It’s a risk that most
entrepreneurs will ideally not take. But
kudos to the duo who listened to their guts
and had full confidence on their dreams.