INSUBCONTINENT EXCLUSIVE:
Sachin Bansal, former co-Founder of Flipkart, is mulling a foray into the mutual fund space, according to a report by ETNow
The business news channel said Bansal is in advanced talks with the Goyals of Zee Group to buy out Essel Mutual Fund
He aims to transform it into a tech-backed platform.
Multiple meetings have already taken place between the representatives of Sachin Bansal
After leaving Flipkart, Bansal had announced his interest in BFSI foray
He started his personal investment vehicle BAC Acquisitions in 2018 to build and invest in diverse verticals
Queries sent to Sachin Bansal and Essel Mutual Fund by ETNow remained unanswered.
