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Presentation on Sachin Bansal And

Binny Bansal

By Sanjivani
SACHIN BANSAL

 Born on 5th august 1981 in chandigarh


 His schooling was from st. Anne’s convent
school
 He scored an all india rank 49 in IIT JEE.
 He graduated from IIT DELHI with a degree
in computer science
 After completion of degree joined Techspan
company
 Joined Amazon.com as senior software
engineer.
BINNY BANSAL

Binny bansal is originally from Chandigarh


His schooling was from St. Anne’s in chandigarh
He is also graduated from INDIAN INSTITUTE OF
TECHNOLOGY DELHI with a degree in computer
science and computer
Worked with Sarnoff corporation for 1.5 year
Then after, binny was previously employed with
amazon.com for 9 month
Before joining amazon, he was rejected by google
twice.
FLIPKART ORIGIN

Flipkart was founded in 2007


Initially flipkart focused only on books
Expanded other product categories
Acquired various companies
The WALMART acquisition
Kalyan krishnmurthy
WHY THEY CHOOSE
ENTERPRENUERSHIP
They saw a good opportunity in the market around e-
commerce. Also, regular job was not as challenging.
The excitemnent and satisfaction that comes with
building something of a long lasting value is addictive
enough for them to continue this
They started flipkart.com because they themselves felt
the need for a good online store.
They believe that they can make a difference here.
They wanted to create something which has a long
lasting value and which can be proud of
MAJOR CHALLENGES FACED

Supply chain management


Payment gateway
Delivery in rural areas
Dynamic competition in market
BUSINESS STRATEGY &
PHILOSPHY

Exclusive product launch strategy


Acquisition strategy
CASH ON DELIVERY
EKART AND PAYZIPPY
Vermacular language option on website
WHAT I HAVE LEARNT?

Their acquistion strategy.


Leadership qualities.
Invest in people
Understand and enrich each other
How to become better leader and not a boss.
How to handle failures

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