Sachin Bansal plans big play in venture debt space with Flipkart fortune

Bengaluru: Armed with his over $1-billion Flipkart fortune, Sachin Bansal is planning to diversify his portfolio and double down on the financial services sector, as he looks to make a big play in the venture debt space, said four people aware of his plans.

Over the past few weeks, Bansal has held discussions to invest in at least five technology startups, including some ventures where he has already committed funds as an angel investor, such as medical technology startup SigTuple, the people cited above said, requesting anonymity.