UNDER
SACHIN BANSAL, BINNY BANSAL,
Co-Founders, Flipkart, Flipkartage: 36, 35
It's been a period of massive fund-raising by the homegrown online retailer. Flipkart raised a hefty $2.5 billion from Japanese giant SoftBank in August 2017, which followed a $1.4 billion investment from eBay, Tencent, and Microsoft. Flipkart also took over eBay's India operations in a bid to take on global behemoth Amazon. During the annual Big Billion Day sale last year, Flipkart cemented its position over Amazon in the Indian market. The Flipkart Group, which includes Jabong and Myntra, clocked sales of over Rs 5,000 crore during the four-day festive sale period last September.
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