Sachin Bansal registers new company after $1 billion Flipkart exit
Flipkart Co-founder Sachin Bansal, along with investment banker and IIT Delhi batchmate Ankit Agarwal, has registered his new company, BAC Acquisitions Private Limited. BAC was registered with â¹1 crore authorized capital and paid-up capital of the same amount, as per RoC filing. Sachin had sold his Flipkart stake for $1 billion after its $16-billion acquisition by Walmart.