Mukesh Bansal

Bansal was born in Haridwar, India.{{Cite web |title=Mukesh Bansal: The Eternal Entrepreneur |url=https://www.forbesindia.com/article/big-bet/mukesh-bansal-the-eternal-entrepreneur/42889/1 |access-date=2024-09-03 |website=Forbes India |language=en}} He completed his early education in Haridwar before pursuing a BTech degree in Computer Science and Engineering from IIT Kanpur.{{Cite news |title=Mukesh Bansal: An approachable taskmaster |url=https://www.thehindubusinessline.com/info-tech/mukesh-bansal-an-approachable-taskmaster/article8219614.ece |work=The Hindu}} 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. He later worked with several startups in Silicon Valley, including NexTag, Centrata, and NewScale.{{Cite web |date=2016-02-11 |title=The Business of Fashion |url=https://www.businessoffashion.com/people/mukesh-bansal/ |access-date=2024-09-03 |website=The Business of Fashion |language=en}} 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{{Cite web |title=The secret behind Mukesh Bansal's success |url=https://www.rediff.com/business/report/the-secret-behind-mukesh-bansals-success/20160212.htm |access-date=2024-09-03 |website=Rediff |language=en}} and Vineet Saxena.{{Cite web |date=2022-09-24 |title=The Story Of Myntra Founders : Mukesh Bansal |url=https://www.startupinsider.in/the-story-of-myntra-founders-mukesh-bansal/ |access-date=2024-09-03 |language=en-US}} Initially, Myntra specialised in personalised gift items but shifted focus to fashion and lifestyle products.{{Cite web |date=2018-02-01 |title=Mukesh Bansal: The equity of fitness |url=https://www.fortuneindia.com/venture/the-equity-of-fitness/101624 |access-date=2024-09-03 |website=www.fortuneindia.com |language=en}} Under Bansal's leadership, Myntra became a leading fashion e-commerce platform in India. In 2014, Myntra was acquired by Flipkart in a transaction valued at approximately $330 million.{{Cite web |date=2016-02-11 |title=Why Flipkart's Mukesh Bansal decided to call it quits |url=https://www.businesstoday.in/management/executives/story/why-flipkart-mukesh-bansal-decided-to-call-it-quits-59453-2016-02-11 |access-date=2024-09-03 |website=Business Today |language=en}} Following the acquisition, Bansal took on the role of Head of Commerce and Advertising Business at Flipkart.{{Cite web |date=2016-02-12 |title=Here is why Mukesh Bansal quitting Flipkart is not really the news |url=https://www.firstpost.com/business/heres-why-mukesh-bansal-quitting-flipkart-is-not-really-the-news-2621542.html |access-date=2024-09-03 |website=Firstpost |language=en-us}}

[https://www.cult.fit/ Cure.fit] was founded in 2016 by Mukesh Bansal and Ankit Nagori 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.

Cure.fit has developed several distinct services:

• Cult.fit: A chain of fitness centres offering various workout programs.
• Eat.fit: A service focused on delivering healthy meals.{{Cite web |title=cure.fit launches new ready-to-eat product |url=https://www.indianretailer.com/restaurant/news/curefit-launches-new-ready-to-eat-product.n19360 |access-date=2024-09-03 |website=Restaurant India |language=en}}
• Mind.fit: Provides yoga and meditation sessions.
• Care.fit: Offers primary healthcare services.

The company has attracted significant investment and has expanded its operations across India. Its business model integrates different aspects of health and wellness.{{Cite web |last=Ashrafi |first=Md Salman |date=2024-02-26 |title=Exclusive: Tata Digital-backed Cult.fit tops up Series F with $10 Mn funding |url=https://entrackr.com/2024/02/exclusive-tata-digital-backed-cult-fit-tops-up-series-f-with-10-m-n-funding/ |access-date=2024-09-03 |website=Entrackr |language=en-US}}

File:MerakiLabs.png

[https://www.merakilabs.com/ 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.{{Cite web |title=Meraki Labs - Building what matters. |url=https://www.merakilabs.com |access-date=2024-08-28 |website=www.merakilabs.com}}

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.{{Cite web |title=Gigforce secures $2 million from Meraki Labs |url=https://hr.economictimes.indiatimes.com/news/industry/gigforce-secures-2-million-from-meraki-labs/89774757 |access-date=2024-09-03 |website=ETHRWorld.com |language=en}}{{Cite web |last=Banthia |first=Jyoti |date=2023-08-18 |title=Mukesh Bansal’s new premium fashion venture eyes investment from Peak XV Partners, Accel |url=https://www.thehindubusinessline.com/companies/mukesh-bansals-new-premium-fashion-venture-eyes-investment-from-peak-xv-partners-accel/article67209625.ece |access-date=2024-08-28 |website=BusinessLine |language=en}}

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. The organisation is positioned within the Indian startup ecosystem as a platform for developing innovative ideas and nurturing emerging companies.{{Cite web |date=2024-09-25 |title=Mukesh Bansal:A Trailblazer in E-Commerce and Health-Tech – Elite Voices |url=https://elite-voices.com/mukesh-bansala-trailblazer-in-e-commerce-and-health-tech/ |access-date=2025-01-23 |language=en-US}}

[https://www.nurix.ai/ Nurix.AI] founded by Mukesh Bansal in 2024, focuses on delivering seamless end-to-end generative AI solutions. Nurix AI offers AI-native services designed to seamlessly integrate with enterprise workflows, enabling businesses to implement AI solutions that are both practical and reliable. The company’s products aim to boost productivity, profitability, and customer satisfaction.{{Cite web |last=Desk |first=Observenow |date=2024-09-25 |title=Nurix AI Secures $27.5 Million in Funding to Expand Operations Across Asia and North America |url=https://observenow.com/2024/09/nurix-ai-secures-27-5-million-in-funding-to-expand-operations-across-asia-and-north-america/ |access-date=2025-01-23 |website=ObserveNow Media |language=en-US}}

File:Mukesh Bansal - SparX.jpgMukesh 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.{{Cite web |title=Sparx by Mukesh Bansal |url=https://www.sparxbymukeshbansal.com |access-date=2024-09-03 |website=Sparx by Mukesh Bansal |language=en-US}} The podcast features individual episodes where Bansal shares insights from his career and guest episodes with influential figures such as Ajeet Singh,{{Cite web |date=2023-11-27 |title=Meet Ajeet Singh, Muzaffarnagar-born IIT Kanpur alumnus who built two companies worth $10 billion in Silicon Valley |url=https://www.businesstoday.in/entrepreneurship/story/meet-ajeet-singh-muzaffarnagar-born-iit-kanpur-alumnus-who-built-two-companies-worth-10-billion-in-silicon-valley-407214-2023-11-27 |access-date=2024-09-03 |website=Business Today |language=en}} Sudha Murty{{Cite web |title='There’s something wrong with my brain..' Sudha Murty makes stunning revelation |url=https://www.dnaindia.com/education/report-there-s-something-wrong-with-my-brain-sudha-murty-makes-stunning-revelation-3096241 |access-date=2024-09-03 |website=DNA India |language=en}} and Rahul Dravid.{{Cite news |date=2023-10-08 |title=Lend me your ears: How startuppers became podcasters |url=https://timesofindia.indiatimes.com/india/lend-me-your-ears-how-startuppers-became-podcasters/articleshow/104250280.cms |access-date=2024-09-03 |work=The Times of India |issn=0971-8257}}

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.{{Cite web |title=Mukesh Bansal - Angel Investor Profile & Invested Startups Info {{!}} YNOS |url=https://www.ynos.in/angel-investor/mukesh-bansal-300338 |access-date=2024-09-03 |website=YNOS Venture Engine |language=en-US}}{{Cite web|url=https://www.olympicgoldquest.in/team.html|title=Team OGQ|date=2018|website=olympicgoldquest.in}}

• Hacking Health: The Only Book You’ll Ever Need To Live a Healthier Life (2023){{Cite web |title=Hacking Health |url=https://www.penguin.co.in/book/hacking-health/ |access-date=2024-08-29 |website=Penguin Random House India |language=en-US}}
• No Limits: The Art and Science of High Performance (2020){{Cite web |title=No Limits |url=https://www.penguin.co.in/book/no-limits/ |access-date=2024-08-29 |website=Penguin Random House India |language=en-US}}
• The Start-Up Code: Taking Your Company from Seed to Scale (2024){{Cite web |title=The Start-Up Code Book |url=https://www.penguin.co.in/book/the-start-up-code/}}

Bansal has been recognised for his contributions to the industry:

• Fortune India 40 Under 40: Featured in Fortune India’s list of 40 Under 40.{{Cite web |title=Mukesh Bansal - India’s Young & Brightest Entrepreneurs in 40 Under 40 2014 - Fortune India |url=https://www.fortuneindia.com/40under40/mukesh-bansal?year=2014 |access-date=2024-08-29 |website=www.fortuneindia.com |language=en}}
• Business Today’s Coolest Start-ups: Myntra was named one of Business Today’s Coolest Start-ups under his leadership.
• IIT Kanpur Distinguished Alumnus Award (2021): Honoured with this award by IIT Kanpur.{{Cite web |title=Mukesh Bansal |url=https://www.iitk.ac.in/dora/profile/Mukesh-Bansal |access-date=2024-08-29 |website=www.iitk.ac.in}}

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Category:Living people

Category:Indian investors

Category:1975 births