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Flipkart co-founder Sachin Bansal acquires a micro finance company, becomes CEO

Updated : September 26, 2019 06:42 AM IST

With a total infusion of Rs 739 crore, Sachin will assume the role of chief executive officer of CRIDS.
Both Samit Shetty and Anand Rao, who co-founded Chaitanya in 2009, will continue to be in the same role.
CRIDS provides access to credit for the underbanked population and the majority of its business is in microfinance.
Flipkart co-founder Sachin Bansal acquires a micro finance company, becomes CEO

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