LeaderPortfolio
Bansal
Binny Bansal
Rank #2709
INDIAfashion-retailFlipkart

Binny Bansal

Net Worth
$1.41B
0% (24h)
Binny Bansal is an Indian billionaire entrepreneur, best known as the co-founder of Flipkart, India's leading e-commerce platform. As of March 2026, his net worth is estimated at $1.4 billion. Bansal, along with Sachin Bansal, co-founded Flipkart in 2007, transforming the Indian e-commerce landscape and growing it into a massive online retail giant. After exiting Flipkart, Bansal has focused on investments and mentoring startups, and also co-founded Xto10x Technologies. He resides in Singapore. His career is marked by strategic vision and a commitment to innovation in the tech sector.

How to read Binny Bansal's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Binny Bansal, we anchor the narrative to Flipkart and Flipkart, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.41B alongside global rank #2709, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (INDIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Education

Binny Bansal was born around 1982/1983 in Chandigarh, India. His father worked as a bank manager, and his mother was in the government sector. He attended St. Anne's Convent School in Chandigarh and later pursued a degree in Computer Science and Engineering from the Indian Institute of Technology (IIT) Delhi, graduating in 2005.

Rise to Success: Flipkart

In 2007, Binny Bansal co-founded Flipkart with Sachin Bansal. Starting as an online bookstore, Flipkart quickly expanded into various product categories. Binny served as COO until 2016 and then as CEO until 2018. Under his leadership, Flipkart became the dominant e-commerce player in India.

Key Business Strategies

Flipkart's success can be attributed to several key strategies, including a customer-centric approach, a focus on innovation, and building a strong company culture. The company experimented with new features, such as cash on delivery, to cater to the Indian market. Bansal emphasized long-term thinking and sustainable growth.

Philanthropy

Binny Bansal has emerged as a notable philanthropist, particularly in the areas of education and entrepreneurship. In 2020, he was the youngest philanthropist on the EdelGive-Hurun India Philanthropy List, donating ₹5.3 crore. His foundation supports initiatives aimed at improving livelihoods.

Career Timeline

2019

Invested in IIT Delhi Endowment Fund

Invested in the endowment fund of the Indian Institute of Technology (IIT) Delhi.

2018

Resigned from Flipkart

Resigned from Flipkart following an investigation into personal misconduct.

2018

Walmart Acquisition

Walmart acquired a 77% stake in Flipkart, and Binny Bansal became Group CEO.

2016

CEO of Flipkart

Promoted to CEO of Flipkart, focusing on strategic growth and operations.

2007

Co-founded Flipkart

Co-founded Flipkart, an e-commerce platform, which became India's leading online retailer.

Philanthropic Impact

Education$0.7M

Education and Entrepreneurship Initiatives

Donated ₹5.3 crore in FY20, primarily focused on education and improving livelihoods through his foundation.

Key Business Ventures & Holdings

CompanyStakeValue
Flipkart India Private Limited

Net Worth History

In-Depth Analysis

Early Life and Education

Binny Bansal was born around 1982/1983 in Chandigarh, India. His father worked as a bank manager, and his mother was in the government sector. He attended St. Anne's Convent School in Chandigarh and later pursued a degree in Computer Science and Engineering from the Indian Institute of Technology (IIT) Delhi, graduating in 2005.

Rise to Success: Flipkart

In 2007, Binny Bansal co-founded Flipkart with Sachin Bansal. Starting as an online bookstore, Flipkart quickly expanded into various product categories. Binny served as COO until 2016 and then as CEO until 2018. Under his leadership, Flipkart became the dominant e-commerce player in India.

Key Business Strategies

Flipkart's success can be attributed to several key strategies, including a customer-centric approach, a focus on innovation, and building a strong company culture. The company experimented with new features, such as cash on delivery, to cater to the Indian market. Bansal emphasized long-term thinking and sustainable growth.

Philanthropy

Binny Bansal has emerged as a notable philanthropist, particularly in the areas of education and entrepreneurship. In 2020, he was the youngest philanthropist on the EdelGive-Hurun India Philanthropy List, donating ₹5.3 crore. His foundation supports initiatives aimed at improving livelihoods.

Data Sources & Methodology

Figures for Binny Bansal are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.