Moneycontrol PRO
Outskill Genai
HomeNewsBusinessStartupWas extremely unhappy after Flipkart exit; Paytm's Vijay calls me the unhappiest billionaire: Sachin Bansal

Was extremely unhappy after Flipkart exit; Paytm's Vijay calls me the unhappiest billionaire: Sachin Bansal

Bansal admitted that his exit from Flipkart in 2018, following the company’s $16 billion acquisition by Walmart, was neither anticipated nor desired.

April 04, 2025 / 15:38 IST
File photo.

Flipkart co-founder Sachin Bansal opened up about his deep dissatisfaction after exiting the e-commerce giant, calling it “unfinished business.”

Speaking at Startup Mahakumbh, Bansal recalled a conversation with Paytm’s Vijay Shekhar Sharma, who bluntly told him, “You are the most unhappy billionaire I’ve ever seen, for someone who has had a billion-dollar exit.”

Bansal admitted that his exit from Flipkart in 2018, following the company’s $16 billion acquisition by Walmart, was neither anticipated nor desired.

“I think I was extremely unhappy after the exit because it was not something I had planned. It just happened,” he said.

Reflecting on what he considers unfinished business, Bansal explained that his vision for Flipkart extended far beyond where it was at the time of his exit.

“The goal was to take the platform that I had created—or helped create—to a billion people eventually. To serve a billion people at large scale, even globally, over time,” he said.

Since moving on from Flipkart, Bansal has ventured into the fintech space with Navi, a company focused on digital lending and financial services. While this new journey is different, the desire to build something impactful at scale remains. “That’s the kind of unfinished business that I still pursue,” he said.

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

Moneycontrol News
first published: Apr 4, 2025 03:38 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347