Flipkart co-founder Sachin Bansal has invested Rs 250 crore each. In non-banking financial companies, Altico Capital India and IndoStarCapital Finance report Mint citing sources. It said the debt investment was made through Bansal’s recently floated holding company BAC Acquisitions.
The move comes a week after the Flipkart co-founder had placed a Rs 650 crore bet on home-grown ride-hailing platform Ola. The single largest cheque was written by an Indian entrepreneur.
In November last year, a report had reported that Bansal is looking to pick up large minority and majority stakes in the agri-tech and fintech sector, apart from launching new businesses, through his holding company.
The Bengaluru-based billionaire has also met with executives at the Reserve Bank of India to figure out the regulatory needs to be eligible to commence a bank, ET reported last week.
