In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. In 2018, Bansal held 5.5 per cent stake in Flipkart, which he sold off to Walmart and his net worth then was a little over $1 billion. In May 2018, Bansal announced that after stepping down as the Executive Chairman of Flipkart, he would be focusing on pending personal projects, gaming and brushing up his coding skills.