Historical Background of Entrepreneurship in India

• Sachin Bansal and Binny Bansal are from
Chandigarh. Although they share the same last
name, they are not related. They both were students
of computer science engineering at Indian Institute
of Technology Delhi. Before the tremendous success
of Flipkart, Sachin Bansal wanted to become a
professional gamer.
• It was launch in 2007 by Sachin Bansal and Binny
Basal; who used to work for Amazon before starting
this project. Bansals went to Indian Institute of
Technology for getting their graduation degrees.
They initially invested their own money into this
business and later raised capital from big guns like;
Accel India, Tiger Global and Naspers Group. 22