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Indian businessman From Wikipedia, the free encyclopedia
Mukesh Bansal is an Indian entrepreneur and author known for his contributions to digital commerce, wellness, and technology. A 1997 computer science graduate from IIT Kanpur, he began his career at Deloitte before moving to Silicon Valley in 1999, where he worked at Nextag, Centrata, and newScale, gaining expertise in technology and strategy.
Mukesh Bansal | |
|---|---|
| |
| Citizenship | Indian |
| Education | Bachelor of Technology |
| Alma mater | Indian Institute of Technology Kanpur |
| Occupation(s) | Entrepreneur, investor, author |
| Known for | Myntra Flipkart Cure.fit |
| Notable work | No Limits Hacking Health |
| Awards | IIT Kanpur Distinguished Alumnus Award Fortune’s 40 Under 40 List |
In 2007, Mukesh founded Myntra, which grew into India’s leading online fashion platform and was later acquired by Flipkart, where he played a key role in strengthening its market position.
In 2024, Mukesh launched Nurix AI[1], a company focused on generative AI solutions for enterprises. Through his venture studio, MerakiLabs, he has supported startups like Skyroot Aerospace, India’s first private rocket launcher, and Groww, a leading online brokerage platform. He was an early investor and advisor to both.
Mukesh has authored several books, including No Limits, Hacking Health,[2] and The Start-up Code.[3] He also hosts the popular podcast SparX[4] and mentors entrepreneurs through his ELD program[5]. Recognised with IIT Kanpur's Distinguished Alumnus Award and featured on Fortune’s 40 Under 40 list[6], Mukesh serves on the board of Olympic Gold Quest.
Bansal was born in Haridwar, India.[7] He completed his early education in Haridwar before pursuing a degree in Computer Science and Engineering at the Indian Institute of Technology Kanpur (IIT Kanpur).[7][8] His early interest in technology and entrepreneurship guided his career path in the tech industry.
After graduating from IIT Kanpur, Bansal began his career as a system analyst with Deloitte in Chicago.[7] He later worked with several startups in Silicon Valley, including NexTag, Centrata, and NewScale.[9] These roles provided him with substantial experience and insights, which he later applied to his ventures in India.
In 2007, Bansal co-founded Myntra with Ashutosh Lawania[10] and Vineet Saxena.[11] Initially, Myntra specialised in personalised gift items but shifted focus to fashion and lifestyle products.[12] Under Bansal's leadership, Myntra became a leading fashion e-commerce platform in India.[12][10] In 2014, Myntra was acquired by Flipkart in a transaction valued at approximately $330 million.[13] Following the acquisition, Bansal took on the role of Head of Commerce and Advertising Business at Flipkart.[14]
Cure.fit was founded in 2016 by Mukesh Bansal and Ankit Nagori[9] with the goal of offering a comprehensive approach to health and fitness. The company provides services across multiple areas including fitness, nutrition, and mental well-being.[9]
Cure.fit has developed several distinct services:
The company has attracted significant investment and has expanded its operations across India. Its business model integrates different aspects of health and wellness.[16]
Meraki Labs, co-founded by Mukesh Bansal in 2020, is described as India's first startup studio. The organisation focuses on supporting the development of new companies by providing initial funding and a founding team. It collaborates with founders to build startups from the ground up and offers initial funding ranging from $250K to $5M.[17]
Operating as a venture studio, Meraki Labs works closely with founders to identify market needs and develop new products. The studio has supported startups including Skyroot, Groww, Nextleap, Nushala, and Gigforce.[18][19]
In addition to financial support, Meraki Labs provides access to experienced entrepreneurs, leadership coaches, and a structured curriculum covering product development, branding, and fundraising. The studio also fosters a community of over 100 founders who share insights and support each other.
Meraki Labs has received backing from investors such as Peak XV Partners (formerly Sequoia India) and Accel.[19] The organisation is positioned within the Indian startup ecosystem as a platform for developing innovative ideas and nurturing emerging companies.[19]
Mukesh runs a popular podcast SparX that explores ‘Big Ideas Shaping the World’ through engaging conversations with leading non-fiction authors, deep thinker-practitioners, visionaries, and experts, delivering profound insights across every domain.
At SparX, he dives into various topics of interest around economics, politics, history, science, entrepreneurship, AI, productivity, and the vast opportunities this nation holds.[20] The podcast features individual episodes where Bansal shares insights from his career and guest episodes with influential figures such as Ajeet Singh,[21] Sudha Murty[22] and Rahul Dravid.[23]
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.[24][25]
Bansal has been recognised for his contributions to the industry:
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