Bansal will be buying new shares in the company, according to sources close to the development. The purchase may also include a small secondary component where he buys a part of shares held by some investors.
This will be the largest personal investment for Bansal, who has several early-stage bets under his hood.
In the past, he had invested in learning platform Unacademy, news app Inshorts and electric scooter-maker Ather Energy, to name a few companies. The potential deal suggests Bansal wants to remain clued into the country's thriving internet entrepreneurial ecosystem, after he moved out of Flipkart, the e-commerce behemoth he co-founded in 200
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