About Binny Bansal
Binny Bansal is an entrepreneur, an angel investor and a board member based out of Singapore. They did their Bachelors from IIT Delhi in 2005. Their journey in the startup ecosystem started in 2007 through Flipkart. Binny Bansal has founded 12 companies. They are currently acting as the founder of Opptra, 3 state ventures and 3State Ventures, and as the co-founder of Shopsy, xto10x and Flipkart Group. Prior to this, Binny Bansal co-founded Flipkart, 2GUD and Flipkart Nearby. As an angel investor, Binny Bansal has a portfolio of 76 companies, focusing primarily on sectors like Enterprise Applications, Consumer and 27 more sectors. They invest in companies across India, United States and 4 more. Their most notable investments include companies like PhonePe and Cult.fit. Binny Bansal is currently serving as a board member at ACKO. In the past, they have acted as a board member of Flipkart.
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Binny Bansal's Investments
Binny Bansal has invested in 76 companies. Their most recent investment was in Posha (Series A Round) on May 07, 2025. Their investments are primarily in Enterprise Applications, Consumer and 27 more sectors. Their investment portfolio include companies in India, United States and 4 more.Here is the list of recent investments by Binny Bansal:
Date | Company | Round | Round Amount | Co-Investors |
|---|---|---|---|---|
May 07, 2025 | Series A | $8M | and 5 more | |
Apr 17, 2025 | Seed | $3.5M | ||
Feb 10, 2025 | Seed | $7M | ||
Jan 14, 2025 | Series A | $10M |
Binny Bansal's Portfolio Exits
Here is the list of top portfolio exits by Binny Bansal:
Company | Description | Location | Total Funding | Founded Year | Exit Type | Exit Date |
|---|---|---|---|---|---|---|
Provider of digital payment, financial, and technology solutions for consumers | Bengaluru (India) | $1.71B | 2015 | Acquisition | Jun 01, 2015 | |
Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services | Bengaluru (India) | $502M | 2013 | IPO | May 06, 2025 | |
Provider of online educational resources and structured courses for exam preparation | Bengaluru (India) | $880M | 2015 | Acquisition | Mar 15, 2026 | |
Provider of scalable corporate volunteering programs | San Mateo (United States) | $29M | 2014 | Acquisition | Dec 06, 2023 |
Binny Bansal's Portfolio Unicorns
Here is the list of top portfolio unicorns by Binny Bansal:
Company | Short Description | Total Funding | Founded Year | Current Stage | Location |
|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | $714M | 2016 | Series G | Bengaluru | |
Provider of digital insurance products including car, bike, health, life, and travel coverage | $661M | 2016 | Series E | Bengaluru |
Binny Bansal's Founded Companies
Here is the list of top founded companies by Binny Bansal:
Company | Short Description | Total Funding | Founded Year | Current Stage | Location |
|---|---|---|---|---|---|
Online retailer of various products including electronics, fashion, and groceries | $12.1B | 2007 | Acquired | Bengaluru | |
App-based platform offering refurbished products | - | 2018 | Unfunded | Bengaluru | |
Online retailer offering multi-category products | - | 2021 | Funding Raised | Bengaluru |
Binny Bansal's Board Memberships
Binny Bansal has 1 current and 1 past board memberships namely Flipkart and ACKO.Here is the detail of this board membership:
Company | Description | Total Funding | Current Stage | Membership Status | Appointment Date | Cessation Date |
|---|---|---|---|---|---|---|
Online retailer of various products including electronics, fashion, and groceries | $12.1B | Acquired | PAST | May 19, 2012 | Dec 08, 2023 | |
Provider of digital insurance products including car, bike, health, life, and travel coverage | $661M | Series E | CURRENT | Aug 18, 2022 | - |
Binny Bansal's Top News
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Binny Bansal sells stake worth $76m in Flipkart to WalmartDeal Street Asia•Dec 03, 2019•Walmart, Flipkart, Tiger Global Management, Binny Bansal
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Binny Bansal bets further $20 mn on insurance technology startup AckoVCCircle•Nov 29, 2019•ACKO, Ascent Capital, Amazon, Accel and 8 others
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Flipkart co-founder Binny Bansal invests $12.5 mn in software firm MobikonBusiness Standard•Oct 25, 2019•Flipkart, Mobikon, Binny Bansal
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