Flipkart co-founder Sachin Bansal is in talks to invest $20-30 million in Manav Garg’s new agentic commerce startup. Garg aims to raise $100 million for this venture. Bansal will advise on commerce strategy, while Garg uses his AI experience. Garg also serves as chairman of the board at Emergent.
Flipkart and Navi co-founder Sachin Bansal is reportedly in talks to invest $20-30 million in a new agentic commerce startup by seasoned entrpreneur and investor Manav Garg.
“Sachin is in discussions to invest around $20-30 million (Rs 190-280 crore) in Manav’s new venture,” a source told Moneycontrol who first reported the development.
The potential investment would make Bansal a key backer of Garg’s new venture, which is looking to raise around $100 million as initial capital. Garg is reportedly in talks with other investors for the fundraise.
Bansal is expected to advise Garg on commerce strategy, while Garg will bring his experience in artificial intelligence (AI) to the venture. The startup’s product or business model was not disclosed apart from focus on the emerging agentic commerce space, where AI agents can handle parts of the shopping journey for consumers.
Garg previously founded enterprise SaaS company Eka Software and is a co-founder of AI-focused venture capital firm Together Fund. He also joined vibe-coding startup Emergent in June 2026 and continues to serve as chairman of its board, according to Moneycontrol.
Emergent said Garg “continues to serve as chairman of Emergent’s board and remains closely engaged with the company on its strategic priorities”.