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.