Mukesh Bansal | |
|---|---|
| Nationality | Indian |
| Education | Bachelor of Technology |
| Alma mater | Indian Institute of Technology Kanpur |
| Occupation | Entrepreneur |
| Known for | Myntra Cult.fit |
Mukesh Bansal is an Indian businessman[1] and founder of the Indian fashion e-commerce company Myntra. He also the co-founder and CEO of cult.fit. [2][3] Mukesh has been listed in the Best 40 Under 40 Entrepreneurs by Fortune magazine. [4]
Bansal was born in Haridwar, Uttarakhand.[1] He has done his BTech from IIT Kanpur.[1][5] After graduating in 1997, he worked with Deloitte as a systems analyst in Chicago for two years.[1] He was inspired by the dotcom boom that was progressing in San Francisco in full swing and moved to the Bay area in 1999.[1] 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.[1] His role in these startups included that of engineer and product manager across technology and business enterprises.[1][6]
Bansal's experience at Silicon Valley helped him to launch Myntra in 2007 along with Ashutosh Lawania and Vineet Saxena.[1][3][7][8] Myntra was initially a personalised gifting startup and eventually became a major player in the fashion e-commerce segment.[3][7] In 2014, Myntra was acquired by Flipkart for $330 million, which was the largest e-commerce related acquisition in India.[3][9] Bansal continued as the chairman of Myntra board and managed the commerce and advertising platform until 2016.[10][11]
After Flipkart's acquisition of Myntra, Mukesh joined Flipkart as Head of Commerce & Advertising Business.[12][13] In this role Mukesh revamped the e-commerce company's talent philosophy. Under his leadership, Flipkart went on to achieve $5 billion in annual revenue.[14]
Mukesh co-founded Cult.fit, a fitness and well-being start-up, with Ankit Nagori in 2016.[2][3][15]
Mukesh is also on the board of Olympics Gold Quest, a non-profit foundation that promotes efforts to support Indian athletes in winning Olympic Gold medals.[16]