Like his colleague Binny Bansal,Sachin Bansal is also having plans to make a name in the venture debt space with his Flipkart fortune.Having more than $1 billion Flipkart fortune in hand,he is making some serious discussions regarding new investment platforms.
Recently,the Co-Founder of Flipkart Binny made some talks with start-up for investments.Over the past month, Binny has held talks with at least four technology startups for potential venture debt funding in the future. It is unclear how Binny plans to enter the venture debt space
Over the past few weeks, Bansal has held discussions to invest in at least five technology startups, including some ventures where he has already committed funds as an angel investor, such as medical technology startup SigTuple, the people cited above said, requesting anonymity.
His newly formed holding company,BAC Acquisitions Pvt.Ltd,will be aimed at the new routes for his investments,it is expected that Bansal may allocate hundreds of cores for venture debt deals.