Sachin Bansal invests over ₹888 crore into his investment firm Navi

Flipkart Co-founder Sachin Bansal has invested over ₹888 crore into his investment firm Navi Technologies, formerly known as BAC Acquisitions (BACQ). Bansal, along with his IIT-Delhi batchmate Ankit Agarwal, had launched BACQ last December as his first venture after exiting Flipkart. The Bansal-led firm, in its four months of operations, posted a net profit of ₹1.93 crore in FY19.