Sachin Bansal Quotes


When e-commerce companies build scale, cost comes down. Companies that can handle scale and reduce costs over time will win. Margins will come from reducing costs over time and not by increasing prices. Technology is the answer at large scale.


Citations

Bansal, Sachin. Interview. The Economic Times, Bennett, Coleman & Co. Ltd., 2014.

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Sachin Bansal
Sachin Bansal
  • Born: August 5, 1981
  • Nationality: Indian
  • Profession: Businessman

Sachin Bansal is an Indian entrepreneur. He is best known as the co-founder of Flipkart, that was acquired by Walmart (77 per cent stake) at $16 billion in 2018. During his over 11 year career at Flipkart, Bansal was CEO and chairman. In 2018, Bansal exited Flipkart following the Walmart deal.