Meesho vs Myntra: Founders, CEOs and History
Meesho was founded in 2015 by Vidit Aatrey, Sanjeev Barnwal and is led by Vidit Aatrey. Myntra was founded in 2007 by Mukesh Bansal, Ashutosh Lawania, Vineet Saxena and is led by Sharon Pais.
Company facts
Founders
Meesho
Vidit Aatrey
Vidit Aatrey co-founded Meesho with Sanjeev Barnwal in 2015 and has been CEO since. He steered the pivots from Fashnear to social reselling and then to a zero-commission marketplace, and took Meesho public in December 2025. Vidit Aatrey was born in 1991.
Sanjeev Barnwal
Sanjeev Barnwal co-founded Meesho in 2015 alongside Vidit Aatrey. Recognizing that massive e-commerce giants like Amazon completely ignored rural India, he built the highly optimized, low-bandwidth mobile app that allowed millions of housewives to easily resel…
Myntra
Mukesh Bansal
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.
Ashutosh Lawania
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 p…
Vineet Saxena
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…
CEOs and their tenures
Meesho
- Vidit Aatrey2015–present
Co-founder & CEO
Built Meesho into one of India's largest e-commerce platforms by orders, with 264 million annual transacting users in FY2026.
Source - Sanjeev Barnwal2015–present
Co-Founder & CTO
As Co-Founder and CTO, he ensures the app remains incredibly lightweight and deeply integrated with social media, specifically catering to tier-2 and tier-3 Indian cities with poor internet connectivity.
Source - Dhiresh Bansal2022–present
Chief Financial Officer
As CFO, he steered the company away from massive, venture-funded cash burn, proving to highly skeptical investors that selling ultra-cheap items to rural India could actually generate free cash flow.
Source
Myntra
- Mukesh Bansal2007–2015
Co-founder & Former CEO
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.
Source - Nandita Sinha2022–2026
Former Chief Executive Officer
As CEO, she fiercely defends Myntra's absolute dominance of the Indian fashion market against aggressive incursions from Reliance (Ajio) and Tata (Tata Cliq).
Source - Sharon Pais2026–present
Head / Chief Executive of Myntra
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.
Source - Kannan Ganesan2026–present
Chief Financial Officer
As a senior technology leader, he ensures the platform's AI-driven recommendation engine remains vastly superior to rivals, heavily driving impulse purchases.
Source
Timeline: Meesho and Myntra side by side
2007Myntra
Myntra Founded in Bengaluru
Mukesh Bansal, Ashutosh Lawania, and Vineet Saxena launched Myntra as a personalized gifts site.
2011Myntra
The Historic Pivot to Pure-Play Fashion E-Commerce
Pivoted from personalized gifts to fashion apparel, onboarding top global and Indian brands.
2012Myntra
Launch of In-House Private Label 'Roadster'
Introduced Roadster, which became one of Myntra's largest in-house casualwear labels.
2014Myntra
Acquired by Flipkart
Flipkart acquired Myntra in a deal valued at about ₹2,000 crore (roughly $330 million).
2015Meesho
Vidit Aatrey and Sanjeev Barnwal start Fashnear Technologies in Bengaluru.
2015Myntra
App-Only Move
Myntra shut its website in May 2015 to sell only through its mobile app, and reopened the website in 2016.
2016Meesho
Pivot to Meesho, a social reselling app; joins Y Combinator Summer 2016 batch.
2016Myntra
Acquired Jabong.com
Myntra acquired Jabong.com for $70 million.
2018Myntra
Walmart Acquires Flipkart Group for $16 Billion
Walmart acquired controlling stake in Flipkart, providing global retail supply chain backing.
2019Meesho
Facebook invests in Meesho, its first investment in an Indian startup.
2021Meesho
SoftBank-led $300M round in April; $570M round led by Fidelity and B Capital in September at a $4.9B valuation; zero seller commission introduced.
2021Myntra
Logo Changed
Myntra changed its logo in January 2021 after a complaint that the design was offensive.
2022Myntra
Nandita Sinha Appointed Chief Executive Officer
Former Flipkart executive Nandita Sinha became CEO; Myntra turned profitable in FY24 under her leadership.
2023Myntra
Launch of Myntra FWD (Gen Z Fast Fashion Hub)
Unveiled dedicated trend-first fashion portal with weekly micro-drops and creator styling.
2024Meesho
Launches the Valmo logistics marketplace and completes reverse flip of its holding company to India.
2025Meesho
Lists on NSE and BSE on December 10 after a ~$629 million (₹5,421 crore) IPO priced at ₹111 per share.
2025Myntra
Net Profit Reaches ₹548 Crore
FY25 operating revenue rose 18% to ~$701 million (₹6,043 crore) and net profit jumped about 18-fold to ~$63.6 million (₹548 crore).
2026Meesho
FY2026 revenue rises 34.5% to ~$1.46 billion (₹12,626 crore); Q1 FY27 revenue up 48% to ~$431 million (₹3,713 crore) with net loss of ~$15.4 million (₹132.8 crore).
2026Myntra
Sharon Pais Takes Over From Nandita Sinha
Sharon Pais was named head of Myntra in April 2026; Sinha later became CEO of Swiggy Instamart from 3 August 2026.
Acquisitions
Myntra
- Witworks2018Undisclosed
- Pretr Online Services Pvt2018Undisclosed
- Jabong.com2016$70M
- Cubeit2016Undisclosed
- Native52015Undisclosed
Questions about Meesho vs Myntra
Who is the CEO of Meesho and Myntra?
Meesho is led by Vidit Aatrey and Myntra is led by Sharon Pais. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Meesho founded vs Myntra?
Myntra was founded in 2007 — 8 years before Meesho, which was founded in 2015. Myntra's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Meesho.
How many employees does Meesho have compared to Myntra?
Meesho employs approximately 2,078 people, while Myntra employs approximately 5,500. Myntra has the larger workforce at 5,500 employees, compared to Meesho's 2,078. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Meesho and Myntra headquartered?
Both Meesho and Myntra are headquartered in India. Their local rules and tax obligations may still differ.
Who founded Meesho and Myntra?
Meesho was founded by Vidit Aatrey, Sanjeev Barnwal. Myntra was founded by Mukesh Bansal, Ashutosh Lawania, Vineet Saxena.
Which company has a longer operating history — Meesho or Myntra?
Myntra has been operating for approximately 19 years, making it the more established of the two companies. Meesho has been in operation for around 11 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Meesho vs Myntra overview