Mukesh Bansal
About Mukesh Bansal
Mukesh Bansal is a first-generation tech entrepreneur based in India. He attended IIT Kanpur and started his career at Deloitte Consulting in 1997. He then worked at and founded several startups in Silicon Valley before moving to Bangalore in 2007 to start Myntra.
Myntra grew into India's largest fashion platform and was sold to Flipkart in 2014. Bansal then ran a large part of Flipkart, heading its commerce platform. In 2016 he co-founded Cult.fit, where he is Executive Chairman. He also served as President of Tata Digital.
He co-leads the venture studio Meraki Labs, hosts the podcast SparX, and has written three books: No Limits, Hacking Health and Startup Code.
Crunchbase lists 17 personal investments for Bansal. Tracxn lists 26 portfolio companies and describes him as an angel investor, with a most recent investment in Truva's Series A. A founder-investor post on X describes him as often the first cheque in a company. Tracxn data is cited there for Skyroot, where he is reported to have been an early backer. Some of his angel investing runs through Meraki Labs. He has described the first phase of Meraki as about six companies, built differently from a typical angel investment.
Bansal founded Nurix AI in 2024, now NuPlay AI, which builds AI voice and chat agents for enterprise customer service, sales and operations. It was incubated at Meraki Labs. In September 2024 it raised $27.5M in seed and Series A funding co-led by General Catalyst and Accel, with Meraki Labs participating. Prosus later joined, in a round the company confirmed at INR 135 Cr. Nurix has also acquired Verloop.io.
On the Lounge deals desk, Bansal is listed in the Superleap seed round of $3.8M (INR 360.0M) in August 2026. Crunchbase shows Superleap raised that round from Aakrit Vaish and 16 other investors.
Tracxn lists Consumer and Enterprise Applications as his top sectors, and India and the United States as his top locations. His portfolio includes consumer, fintech, space and AI companies, and he often invests at the earliest stages. On X he has written about deep tech in India, naming GPU chips, quantum computers, fusion reactors and humanoids, and about AI engineers who understand models rather than building thin wrappers. No check size or formal investment criteria are public.
- Superleap: seed round of $3.8M announced in August 2026.
- Groww: online brokerage platform in India; an angel investment.
- Skyroot: Indian private space company; he is on its board and was reported as an early backer.
- Truva: Series A round (Series A - II, $7.3M) in late 2025 or January 2026, per CB Insights and Tracxn.
- FirstClub: seed round of $8M in December 2024, per CB Insights.
- Nuvie: pre-seed round of $0.45M in June 2025, per CB Insights.
- NuPlay AI (Nurix): enterprise voice and chat AI agents; founded by Bansal in 2024.
- Cult.fit: health and fitness company he co-founded in 2016.
- crunchbase.com/person/mukesh-bansal
- tracxn.com/d/people/mukesh-bansal/__ejRhzdgBOvGbZzyqw_AuvKyiyb5Vbq6rH1
- cbinsights.com/investor/mukesh-bansal
- pitchbook.com/profiles/investor/115188-40
- x.com/mukeshbansal06
- x.com/Keshav_Lohiaaa/status/2078833994708160826
- analyticsindiamag.com/ai-news-updates/mukesh-bansals-latest-ai-startup
- inc42.com/buzz/prosus-joins-mukesh-bansal-led-nurix-ais-cap-table-with
Investing activity
Mukesh Bansal appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $4M. The most recent is Superleap (Seed, $3.8M (INR 360.0M), Aug 2026).
Mukesh Bansal most often invests alongside Surge, Anupam Mittal, Nikhil Kamath and Aakrit Vaish, and the companies they back on Lounge are mostly in AI.
Deals
Frequently asked questions about Mukesh Bansal
Who is Mukesh Bansal?
He is a co-founder of Myntra and Cult.fit, a former Flipkart executive and former President of Tata Digital. He is now founder and CEO of NuPlay AI (formerly Nurix) and an angel investor.
Does Mukesh Bansal invest in AI startups?
Yes. He founded the enterprise AI company Nurix AI, now NuPlay AI, and is listed on the Lounge deals desk in the Superleap seed round of $3.8M in August 2026.
What stage does Mukesh Bansal invest in?
His public record is mostly early-stage rounds such as pre-seed, seed and Series A. Examples are Nuvie (pre-seed), FirstClub (seed) and Truva (Series A).
What is Mukesh Bansal's check size?
His check size is not public. Funding databases list round totals but not his individual amounts.
Which companies has Mukesh Bansal backed?
Reported angel investments include Groww, Skyroot, Truva, FirstClub, Nuvie and Superleap. He also founded or co-founded Myntra, Cult.fit and Nurix.
How can founders reach Mukesh Bansal?
He is active on X as @mukeshbansal06 and has a LinkedIn profile. He also hosts the SparX podcast. No public pitch process or contact route is listed.
Is Mukesh Bansal an angel investor?
Yes. Mukesh Bansal invests personally as an angel.
What AI companies has Mukesh Bansal invested in?
Mukesh Bansal's AI investments include Superleap. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
What stage does Mukesh Bansal invest at?
In the rounds tracked on Lounge, Mukesh Bansal has invested at Seed, with a median round of $4M.
Who does Mukesh Bansal co-invest with?
Mukesh Bansal's most frequent co-investors on Lounge are Surge (1 deal), Anupam Mittal (1 deal), Nikhil Kamath (1 deal), Aakrit Vaish (1 deal) and Tanmay Bhat (1 deal).