Career
Early career
After graduating from IIT Kanpur, Bansal began his career as a system analyst with Deloitte in Chicago. [1] He later worked with several startups in Silicon Valley, including NexTag, Centrata, and NewScale. [4] These roles provided him with substantial experience and insights, which he later applied to his ventures in India.
Myntra
In 2007, Bansal co-founded Myntra with Ashutosh Lawania [5] and Vineet Saxena. [6] Initially, Myntra specialised in personalised gift items but shifted focus to fashion and lifestyle products. [2] Under Bansal's leadership, Myntra became a leading fashion e-commerce platform in India. [2] [5] In 2014, Myntra was acquired by Flipkart in a transaction valued at approximately $330 million. [7] Following the acquisition, Bansal took on the role of Head of Commerce and Advertising Business at Flipkart. [8]
Cure.Fit
Cure.Fit was founded in 2016 by Mukesh Bansal and Ankit Nagori [4] 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. [4]
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. [9]
- 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. [10]
Meraki Labs
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. [11]
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. [12] [13]
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. [13] The organisation is positioned within the Indian startup ecosystem as a platform for developing innovative ideas and nurturing emerging companies. [14]
Podcast
Bansal hosts the podcast "SparX," which explores "Big Ideas" across various fields, including economics, politics, science, and entrepreneurship. [15] The podcast features individual episodes where Bansal shares insights from his career and guest episodes with influential figures such as Ajeet Singh, [16] Sudha Murty [17] and Rahul Dravid. [18]
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. [19] [20]
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