Quick Facts
Biography
Mukesh Bansal is an Indian businessman who founded Indian fashion e-commerce company Myntra and currently serves as the CEO of cure.fit of which he is also the co-founder. Mukesh has been listed in the Best 40 Under 40 Entrepreneurs by Fortune magazine.
Early life
Bansal was born in Haridwar, Uttarakhand . He has a BTech in computer science from IIT-Kanpur. After graduating in 1997, he worked with Deloitte as a systems analyst in Chicago for two years. He was inspired by the dotcom boom that was progressing in San Francisco in full swing and moved to the Bay area in 1999. After giving up a job portal venture, which he started with a friend, Bansal worked at eWanted, Centrata, NexTag, newScale which were all early stage companies in Silicon Valley. His role in these startup included that of engineer and product manager across technology and business enterprises.
Career
Myntra
Bansal's experience at Silicon Valley propelled him to launch Myntra in 2007 along with Ashutosh Lawania and Vineet Saxena. Myntra was initially a personalised gifting startup and eventually turned into a foremost player in the fashion e-commerce segment. In 2014, Myntra was acquired by Flipkart for $330 million, which was the largest e-commerce related acquisition in India. Bansal continued as the chairman of Myntra board and managed the commerce and advertising platform until 2016.
Flipkart
After Flipkart's acquisition of Myntra, Mukesh joined Flipkart as Head of Commerce & Advertising Business. In this role Mukesh revamped the e-commerce company's talent philosophy. He was focused on team building, and fostering a productive, inclusive work culture within the organisation. Under his leadership, Flipkart went on to achieve $5 billion in annual revenue.
cure.fit
Mukesh co-founded Cure.fit with Ankit Nagori in 2016. A fitness and well-being start-up, Cure.fit has under its umbrella eat.fit, cult.fit, mind.fit and care.fit offering digital and offline experiences in fitness, nutrition, and mental well-being.. Cure.fit has raised over $170 million in its first two years of operations. On September 5th 2019, Cure.fit announced the launch of its sportswear brand Cultsport. Cultsport offers apparel which is functional for workout formats like running, field training and gym.
Olympics Gold Quest
Mukesh is also on the board of Olympics Gold Quest, a non-profit foundation that promotes sports and games.