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How much Sachin Bansal made from Walmart?

Asked on 14-01-2019 by Cheshta Kapoor

Answered by NewsBytes

Sachin Bansal made nearly $1bn after selling his 5.5% stake in Flipkart to global retail giant Walmart last year.

How much stake Walmart owns in Flipkart?

Asked on 14-01-2019 by Navya Gavde

Answered by NewsBytes

Last year, Walmart acquired 77% majority stake in Flipkart for $16bn.

Is Bansal investing in other startups?

Asked on 14-01-2019 by Harini Nair

Answered by NewsBytes

Yes. Bansal has been investing in local startups since 2014, but those were small investments valued at $1-2mn.

Who are Ola's founders?

Asked on 14-01-2019 by Sanvi Mittal

Answered by NewsBytes

Ola was founded by Bhavish Aggarwal and Ankit Bhati as an online cab aggregator in Mumbai but is now based in Bangalore.

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