FLIPKART : SACHIN BANSAL & BINNY BANSAL

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Transcript of FLIPKART : SACHIN BANSAL & BINNY BANSAL

0 1 . K E T A N S I N G H0 3 . N A V N E E T C H A N D R A1 0 . R A J I V R A N J A N8 3 . P R A S H A N T V E R M A8 4 . A D A R S H S I N G H7 0 . A B H A Y K U M A R9 1 . R I S H A V S I N G H

P R E S E N T A T I O N A T BIT PATNAG U I D E D B Y : M R . R I T E S H R A V I S I R

TOPIC : SACHIN BANSAL AND BINNY BANSALGROUP NAME: ONE 2 NINETY ONE

SACHIN BANSALCHILDHOOD

Born on 5th august 1981 in chandigarh.

His schooling was from St. Anne’s conventschool

His father was in business and his mother ahomemaker.

SACHIN BANSALEDUCATION

He scored an All India Rank 49 in IIT JEE.

He graduated from IIT DELHI with a degree in

computer science.

SACHIN BANSALTHE BEGINNING OF CAREER

After completion of degree Sachin Bansal joined Techspancompany.

In 2006, he joined Amazon.com India as Senior SoftwareEngineer.

Then he got Binny Bansal into the Amazon.com and after 6

months they both decided to leave Amazon.

BINNY BANSALCHIDHOOD

Binny Bansal is originally from Chandigarh.

His schooling was from St. Anne’s inchandigarh.

His father was chief manager at a bank, andhis mother, a government sector employee.

BINNY BANSALEDUCATION

He is also graduated from the Indian Institute ofTechnology Delhi with a degree in Computer

Science and Engineering.

BINNY BANSALTHE BEGINNING OF CAREER

Binny worked with Sarnoff Corporation for 1.5year.

Then after, Binny was previously employedwith Amazon for 9 months.

Before joining amazon, he was rejectedby Google twice.

After leaving Amazon in 2007, they(Sachin &Binny) founded Flipkart as an e-commerce company.

EARLY DAYS OF FLIPCART

Flipkart is an electroniccommerce companyheadquartered in Bangalore,Karnataka. It was founded inOctober 2007 by SachinBansal and Binny Bansal (norelation).

The early days of Flipkart SachinBansal and his business partnerBinny Bansal used to deliver booksacross Bengaluru on theirscooters.

FLIPKART : REASON FOR SUCCESS

1. Product category selection.

2. Convenience.

3. Supply chain efficiency.

4. Focus on customer service.

5. Discount and free shipping.

6. Exchange offer.

7. Cash on delivery.

8.Easy return policy.

AWARDS AND RECOGNITION

Entrepreneur of the year – ET Awards (2012–2013).

In November 2015, Sachin Bansal along withthe co-founder of Flipkart, Binny Bansal, wasnamed the 86th richest person in India byForbes India Rich List.

India Today magazine ranked him #26thalong with Binny Bansal in India's 50 Mostpowerful people of 2017 list.

FLIPKART : THE JOURNEY

The Journey :

Sachin Bansal's success story speaks

“We used to stand outside Gangaram BookStores on Church Street and hand overFlipkart bookmarks to the people comingout of the shop. In order to make sure thatour targeting was right, we would givebookmarks to only those who were comingout with books in hands; the people whohave made purchases”.

Recalling one of the marketing strategies, sachin bansal says,

RECENT NEWS OF FLIPKART

SoftBank's Vision Fund, theworld's largest private equityfund, will invest close to $2.5billion in Flipkart via primary andsecondary share purchases.

It is the biggest private investmentin an indiantech company.

FLIPKARTHOMEPAGE

FLIPCARTHOMEPAGE

THANK YOU