Why Atharva retired

Atharva Samant was the founder of the Mumbai-based startup Udaan, which was acquired by Flipkart in 2021.

In a series of tweets on October 27th, 2023, Flipkart co-founder and former CEO Sachin Bansal confirmed that Udaan co-founder Atharva Samant had decided to step down from his role at Flipkart. The announcement came just days after Bansal announced that he was stepping down as CEO of Flipkart in order to focus on his philanthropic work. Samant founded Udaan with Bansal in 2014 and the company was acquired by Flipkart two years later for $1 billion.

What is Atharva Samant’s net worth?

Atharva Samant is one of India’s youngest billionaires, having built up a $1.4 billion fortune at just 31 years old. As the founder of Udaan and now a board member at Flipkart, his net worth is set to increase even further as time goes on. In fact, some sources claim that he could be worth up to $3 billion by 2024. This would make him India’s youngest billionaire ever.