Founder Profile
Binny Bansal
Last reviewed: September 2026 · By Swet Parvadiya
Background
Binny Bansal possesses a highly rigorous, deeply analytical background in advanced computer science and massive-scale supply chain logistics. Educated at IIT Delhi and intensely trained within the incredibly demanding engineering culture of Amazon, this elite technical background in optimizing complex delivery networks provided the precise operational blueprint required to architect Flipkart's massive, hyper-efficient Indian fulfillment infrastructure.
Founding Story
Bansal co-founded Flipkart, building the Ekart national supply chain logistics backbone and driving consumer electronics retail scale before serving as Group CEO. Binny Bansal (born 1982/1983) is an Indian billionaire Internet entrepreneur. As of February 2024, his net worth was estimated at US$1.4 billion. In 2007, he co-founded the e-commerce platform Flipkart. He was the chief operating officer (COO) until January 2016, when he was promoted to chief executive officer (CEO). He was promoted to group CEO in January 2017 but resigned in November 2018 following allegations of personal misconduct at Flipkart. He is an anchor investor in the venture firm 021 Capital. In 2019, Bansal invested in the endowment fund of the Indian Institute of Technology (IIT) Delhi.