Mukesh Bansal Explained
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]
Early life
Bansal was born in Haridwar, Uttarakhand. He has done his BTech from IIT Kanpur.[5] 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 startups included that of engineer and product manager across technology and business enterprises.[6]
Career
Myntra
Bansal's experience at Silicon Valley helped him to launch Myntra in 2007 along with Ashutosh Lawania and Vineet Saxena.[7] [8] Myntra was initially a personalised gifting startup and eventually became a major 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.[9] Bansal continued as the chairman of Myntra board and managed the commerce and advertising platform until 2016.[10] [11]
Flipkart
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]
cult.fit
Mukesh co-founded Cult.fit, a fitness and well-being start-up, with Ankit Nagori in 2016.[15]
Olympics Gold Quest
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]
Notes and References
- The eternal entrepreneur. Mukesh Bansal. April 2016. Mukesh Bansal: The eternal entrepreneur. Forbes India.
- News: Cure.fit plans expansion in India to go global in 2019, says Mukesh Bansal. Mukesh Bansal. Cure.fit plans expansion in India to go global in 2019, says. Business Standard.
- Web site: Mukesh Bansal: The equity of fitness. Mukesh Bansal. The equity of fitness. FORTUNE India.
- News: India's Hottest Business Leaders under 40: Building India's largest product personalisation platform was a challenge, says Myntra's Mukesh Bansal. Mukesh Bansal. India's Hottest Business Leaders under 40: Building India's largest product personalisation platform was a challenge. THE ECONOMIC TIMES.
- News: Mukesh Bansal: An approachable taskmaster. Mukesh Bansal. An approachable taskmaster. BUSINESS LINE- THE HINDU.
- Web site: Mukesh Bansal. As founder of India's largest fashion e-commerce site, this former software engineer led the company through its sale to Flipkart.. BOF.
- Web site: No fashion faux pas for Myntra; what the startup got right. startup got right. No fashion faux pas for Myntra; what the. moneycontrol.com.
- Web site: The secret behind Mukesh Bansal's success. Mukesh Bansal's success. The secret behind. rediff.com.
- News: Why Flipkart's Mukesh Bansal decided to call it quits. call it quits. Why Flipkart's Mukesh Bansal decided to. BUSINESS TODAY.
- Web site: Here is why Mukesh Bansal quitting Flipkart is not really the news. Flipkart is not really the news. Here is why Mukesh Bansal went out. 2016. FIRSTPOST.COM.
- News: Mukesh Bansal: An approachable taskmaster. taskmaster. Mukesh Bansal: An approachable. The Hindu BusinessLine - info-tech.
- News: One less Bansal at Flipkart as Myntra's Mukesh quits; senior executive Ankit Nagori to also leave. Ankit Nagori to also leave. One less Bansal at Flipkart as Myntra's Mukesh quits; senior executive. ECONOMIC TIMES.
- News: Myntra.com hunts for new CEO after Mukesh Bansal's move to parent company Flipkart. parent company Flipkart. Myntra.com hunts for new CEO after Mukesh Bansal's move. 2015. ECONOMIC TIMES.
- Web site: Merger, no. IPO, yes. Mukesh Bansal's plans for Myntra. plans for Myntra. Merger, no. IPO, yes. Mukesh Bansal's. 2014. FORTUNE INDIA.
- Web site: Health and fitness platform Cure.fit renamed to Cult.fit after its flagship fitness vertical. 2021-05-31. afaqs!.
- Web site: Team OGQ. OGQ. Team. 2018. olympicgoldquest.in.
