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Sachin Bansal to invest $7m next

Co-founder and Former Executive Chairman of Flipkart, Sachin Banssal invests 7 millions in his latest venture- BAC Acquisitions. He has also invested 100 millions in Ola. The business nature of BAC Acquisitions is still unknown, but it is a holding company. Media reports suggests that the business aims at developing business automation and computerization platforms. The company will provide support to startups.