IITian invested â¹10 lakh in Flipkart, makes over â¹100 cr
Angel investor Ashish Gupta, who invested â¹10 lakh in Flipkart in 2009, now stands to make over â¹134 crore from the startup's deal with Walmart. Gupta, a US citizen, is a PhD from Stanford University in California, and a computer science graduate from IIT Kanpur. Gupta sold his startup, a price comparison site, to Amazon for $240 million in 1998.