Mukesh Bansal

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Mukesh Bansal
NationalityIndian
OccupationEntrepreneur
Known forMyntra

Flipkart

Cure.fit

Mukesh Bansal is an Indian businessman[1] 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.[2][3] Mukesh has been listed in the Best 40 Under 40 Entrepreneurs by Fortune magazine.[4]

Early life[edit]

Bansal was born in Haridwar, Uttarakhand .[1] He has a BTech in computer science 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 startup included that of engineer and product manager across technology and business enterprises.[1][6]

Career[edit]

Myntra[edit]

Bansal's experience at Silicon Valley propelled him to launch Myntra in 2007 along with Ashutosh Lawania and Vineet Saxena.[1][3][7][8][9] Myntra was initially a personalised gifting startup and eventually turned into a foremost player in the fashion e-commerce segment.[3][8] In 2014, Myntra was acquired by Flipkart for $330 million, which was the largest e-commerce related acquisition in India.[3][10] Bansal continued as the chairman of Myntra board and managed the commerce and advertising platform until 2016.[1][3][10][11][12][13][14][15][16]

Flipkart[edit]

After Flipkart's acquisition of Myntra, Mukesh joined Flipkart as Head of Commerce & Advertising Business.[17][18] 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.[19]

cure.fit[edit]

Mukesh co-founded Cure.fit with Ankit Nagori in 2016.[2][3] 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..[2][3][20] Cure.fit has raised over $170 million in its first two years of operations.[21] 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.[22]

Olympics Gold Quest[edit]

Mukesh is also on the board of Olympics Gold Quest, a non-profit foundation that promotes sports and games.[23]

References[edit]

  1. ^ a b c d e f g h i The eternal entrepreneur, Mukesh Bansal (April 2016). "Mukesh Bansal: The eternal entrepreneur". Forbes India.
  2. ^ a b c Mukesh Bansal, Cure.fit plans expansion in India to go global in 2019, says. "Cure.fit plans expansion in India to go global in 2019, says Mukesh Bansal". Business Standard.
  3. ^ a b c d e f g Mukesh Bansal, The equity of fitness. "Mukesh Bansal: The equity of fitness". FORTUNE India.
  4. ^ Mukesh Bansal, India's Hottest Business Leaders under 40: Building India's largest product personalisation platform was a challenge. "India's Hottest Business Leaders under 40: Building India's largest product personalisation platform was a challenge, says Myntra's Mukesh Bansal". THE ECONOMIC TIMES.
  5. ^ Mukesh Bansal, An approachable taskmaster. "Mukesh Bansal: An approachable taskmaster". BUSINESS LINE- THE HINDU.
  6. ^ As founder of India's largest fashion e-commerce site, this former software engineer led the company through its sale to Flipkart. "Mukesh Bansal". BOF.
  7. ^ Premji Invest, Myntra raises $50 Mn from. "Myntra raises $50 Mn from Premji Invest". inc42.com.
  8. ^ a b startup got right, No fashion faux pas for Myntra; what the. "No fashion faux pas for Myntra; what the startup got right". moneycontrol.com.
  9. ^ Mukesh Bansal's success, The secret behind. "The secret behind Mukesh Bansal's success". rediff.com.
  10. ^ a b call it quits, Why Flipkart's Mukesh Bansal decided to. "Why Flipkart's Mukesh Bansal decided to call it quits". BUSINESS TODAY.
  11. ^ Mukesh Bansal, Myntra will be an iconic firm. "Myntra will be an iconic firm: Mukesh Bansal". DECCAN CHRONICLE.
  12. ^ get a strategic position in Flipkart, Fashioning a new role: Myntra founder Mukesh Bansal may. "Fashioning a new role: Myntra founder Mukesh Bansal may get a strategic position in Flipkart". THE ECONOMIC TIMES.
  13. ^ Mukesh Bansal: Episode II, A quintessential entrepreneur, the Myntra founder has decided to test himself all over again (2016). "A quintessential entrepreneur, the Myntra founder himself all over again". Forbes India. 2.
  14. ^ quit Flipkart, Myntra founder Mukesh Bansal (2016). "Myntra founder Mukesh Bansal to quit Flipkart". NEWS18.COM.
  15. ^ Flipkart is not really the news, Here is why Mukesh Bansal quitting (2016). "Here is why Mukesh Bansal quitting Flipkart is not really the news". FIRSTPOST.COM.
  16. ^ taskmaster, Mukesh Bansal: An approachable. "Mukesh Bansal: An approachable taskmaster". BUSINESS LINE- THE HIINDU.
  17. ^ Ankit Nagori to also leave, One less Bansal at Flipkart as Myntra's Mukesh quits; senior executive. "One less Bansal at Flipkart as Myntra's Mukesh quits; senior executive Ankit Nagori to also leave". ECONOMIC TIMES.
  18. ^ parent company Flipkart, Myntra.com hunts for new CEO after Mukesh Bansal's move (2015). "Myntra.com hunts for new CEO after Mukesh Bansal's move to parent company Flipkart". ECONOMIC TIMES.
  19. ^ plans for Myntra, Merger, no. IPO, yes. Mukesh Bansal's (2014). "Merger, no. IPO, yes. Mukesh Bansal's plans for Myntra". FORTUNE INDIA.
  20. ^ CureFit, CureFit (2016). "CureFit". CRUNCHBASE.
  21. ^ Series C funding, Curefit raises $120 million (2018). "Curefit raises $120 million in Series C funding". ECONOMIC TIMES.
  22. ^ "Cure.fit launches sportswear brand Cultsport - Times of India". The Times of India. Retrieved 2019-09-17.
  23. ^ OGQ, Team (2018). "Team OGQ". olympicgoldquest.in.