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Founders

Who Founded Myntra?

Mukesh Bansal, Ashutosh Lawania, Vineet Saxena · Founded 2007 · HQ today: Bengaluru, Karnataka, India

Who founded Myntra?

Myntra was founded by Mukesh Bansal, Ashutosh Lawania, Vineet Saxena in 2007. It is now led by Sharon Pais.

Founders
Mukesh Bansal, Ashutosh Lawania, Vineet Saxena
Founded
2007
Headquarters
Bengaluru, Karnataka, India
Number of founders
3
Current CEO
Sharon Pais (since 2026)
Where was Myntra founded?
Myntra was founded in Bengaluru, India in 2007.
When was Myntra founded?
Myntra was founded in 2007.
Who started Myntra?
Myntra was founded by Mukesh Bansal, Ashutosh Lawania and Vineet Saxena.
How old is Myntra?
Myntra is 19 years old as of 2026.

Founding Story

Mukesh Bansal started Myntra in Bangalore in 2007, selling custom-printed mugs and mousepads for corporate gifting. The business was hard to scale. In 2011, seeing e-commerce grow in India with no strong fashion retailer, he closed the gifting business and turned Myntra into an online clothing store. That change made it the leader in Indian fashion e-commerce.

Background

Indian entrepreneur and IIT Kanpur graduate.

Role at Myntra

Mukesh Bansal co-founded Myntra in 2007. Originally launching the site as a platform for personalized gift items (like custom mugs), he quickly realized the massive, totally untapped potential in selling branded fashion online to Indian consumers. Under his leadership, Myntra completely dominated Indian fashion e-commerce before executing a highly strategic, massive $300 million sale to Flipkart in 2014.

Mukesh Bansal was born in 1975.

Bansal was born in September 1975. He also co-founded Cult.Fit and Meraki Labs.

Background

Indian tech entrepreneur.

Role at Myntra

Ashutosh Lawania co-founded Myntra in 2007 alongside Mukesh Bansal. He played an absolutely critical role in building out the incredibly complex logistics and supply chain network required to reliably deliver fashion goods across the highly fragmented Indian postal system in the early days of e-commerce. (Exact birth year remains publicly undisclosed).

Vineet Saxena

Co-founder 2007

Background

Indian tech entrepreneur.

Role at Myntra

Vineet Saxena co-founded Myntra in 2007. He was highly instrumental in the early technical build-out of the platform, helping transition the site from selling personalized gifts into a massive, highly robust fashion catalog capable of handling millions of SKUs. (Exact birth year remains publicly undisclosed).

Myntra: CEO & Leadership History

Full timeline →

Sharon Pais

Head / Chief Executive of Myntra

2026 – Present

As Chief Business Officer, she dictates the core merchandising strategy that maintains Myntra's absolute positioning as a premium, fashion-forward platform rather than a discount bin.

Kannan Ganesan

Chief Financial Officer

2026 – Present

As a senior technology leader, he ensures the platform's AI-driven recommendation engine remains vastly superior to rivals, heavily driving impulse purchases.

Nandita Sinha

Former Chief Executive Officer

2022 – 2026

As CEO, she fiercely defends Myntra's absolute dominance of the Indian fashion market against aggressive incursions from Reliance (Ajio) and Tata (Tata Cliq).

Mukesh Bansal

Co-founder & Former CEO

2007 – 2015

As Founder and CEO, he built the company from scratch, orchestrated its massive acquisition by Flipkart, and subsequently ran Flipkart's commerce division before leaving to found Cure.fit.

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Who Founded Myntra? FAQ

Who were the original founders of Myntra in 2007?

Myntra was founded in February 2007 by Mukesh Bansal (IIT Kanpur alumnus), Ashutosh Lawania (IIT Kanpur alumnus), and Vineet Saxena (IIT Kanpur alumnus) in Bengaluru, India.

What was Myntra's original business model before it pivoted to fashion e-commerce?

Myntra originally operated as an on-demand B2B personalization portal for customized T-shirts, mugs, calendars, and corporate gifting merchandise before pivoting in 2011 to a multi-brand retail fashion e-commerce marketplace.

What role did Mukesh Bansal play as Myntra's founding CEO?

Mukesh Bansal served as Myntra's CEO from 2007 until 2015 (continuing after the Flipkart merger), architecting the fashion pivot, securing top venture funding, acquiring Jabong, and establishing Myntra as India's fashion tech leader.

Which venture capital firms were the early institutional backers of Myntra's founders?

Early venture backers included Accel Partners, Tiger Global Management, IDG Ventures India (now Chiratae Ventures), and PremjiInvest, investing over $125 million before the Flipkart acquisition.

What ventures did founding CEO Mukesh Bansal launch after leaving Myntra?

After exiting Myntra and Flipkart in 2016, Mukesh Bansal co-founded health and fitness leader Curefit (Cult.fit) and premium direct-to-consumer incubator Nurix AI.

What did co-founder Ashutosh Lawania pursue after Myntra?

Co-founder Ashutosh Lawania went on to co-found healthcare service startup MFine and later MedPay, focusing on digital health infrastructure across India.

What was co-founder Vineet Saxena's post-Myntra entrepreneurial venture?

Vineet Saxena co-founded Card91, a global payment infrastructure and card issuance issuance fintech platform for businesses.

What enduring cultural and engineering practices did the founders build at Myntra?

The founders established a data-driven, engineering-centric culture known for hackathons, customer-first design thinking, and rapid iteration that continues to define Myntra's corporate identity.

What did founder Mukesh Bansal do after leaving Myntra?

After selling Myntra to Flipkart for $300 million in 2014 and spending two years leading commerce at Flipkart, Mukesh Bansal co-founded health and fitness platform Curefit (Cult.fit) in 2016 alongside Ankit Nagori, building another multi-billion-dollar consumer wellness unicorn in India.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.