Flipkart's Sachin Bansal may invest upto $100 million in Ather Energy

Sachin Bansal made several small investments when he was at Flipkart. Now, after stepping down, he is looking to focus on large investments

Sachin Bansal, Flipkart’s co-founder who minted close to a billion dollars after Walmart’s takeover of the e-commerce firm, is considering several large bets on start-ups.

As per a report, Bansal is in talks with electric scooter maker Ather Energy to invest $50-100 million. Sachin, and Binny Bansal, Flipkart's other co-founder, are the first investors in the company.

The duo is said to have introduced Ather to Flipkart's investor Lee Fixel of Tiger Global. Tiger, along with automobile maker Hero MotoCorp, invested Rs 2 billion in the company.

Founded by Indian Institute of Technology (IIT), Madras alumni Tarun Mehta and Swapnil