CureFit Healthcare Private Limited, operating as Cult.fit, is one of India’s leading health and fitness platforms, co-founded in 2016 by Mukesh Bansal and Ankit Nagori in Bengaluru, Karnataka. The company operates across fitness (Cult.fit), nutrition (Eat.fit), mental wellness (Mind.fit), and primary healthcare (Care.fit), serving users in over 40 cities across India. A serial entrepreneur, Bansal previously founded Myntra, India’s largest fashion e-commerce platform, which was acquired by Flipkart for approximately $330 million in 2014. Under his leadership, Cult.fit grew into a unicorn valued at $1.5 billion and has since attracted over $675 million in total funding from investors including Accel, Tata Digital, Temasek, and Zomato (Eternal).

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Mukesh Bansal – Quick Facts

CureFit / Cult.fit Competitors

CureFit operates in the highly competitive health, fitness, and wellness technology space in India. The key competitors of Cult.fit include:

• HealthifyMe – AI-powered health and fitness platform with calorie tracking and coaching
• GOQii – Wearable-based health ecosystem with personal coaching
• Growfitter – Rewards-based fitness platform
• MyFitnessPal – Global calorie-counting and fitness tracking app
• Peloton – Connected fitness platform (international competitor)
• ClassPass – Subscription-based fitness class marketplace
• Fittr (SquatSquad) – Online fitness coaching and community platform
• Gold’s Gym India – Traditional fitness chain competing in offline fitness

Mukesh Bansal Net Worth 2026 – CureFit Founder Salary

As of 2026, Mukesh Bansal’s net worth is estimated at approximately $150 million USD (roughly Rs 1,250 crore). The bulk of his wealth comes from the $330 million sale of Myntra to Flipkart in 2014, his significant equity stake in Cult.fit (valued at approximately $1.5 billion as a unicorn), and his investments through Meraki Labs, India’s first startup studio. Since Cult.fit is a private company, exact compensation details are not publicly disclosed.

Mukesh Bansal Net Worth Breakdown (Estimated 2026)

CureFit / Cult.fit Net Worth 2026 – Is Cult.fit Profitable?

Not yet. While Cult.fit has shown strong revenue growth, the company has not yet turned profitable. However, losses have been narrowing significantly as the company scales toward an anticipated IPO at a $2 billion valuation.

Cult.fit Financial Summary (FY2025)

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CureFit CEO Email Address | Mukesh Bansal Contact

Below are the official contact details and social media profiles for CureFit/Cult.fit founder Mukesh Bansal:

Career & Education – Company, University, & College

Mukesh Bansal’s career spans nearly three decades across software engineering, product management, e-commerce, fashion, health-tech, and artificial intelligence. A serial entrepreneur who spent eight years in Silicon Valley before returning to India, Bansal has built and scaled multiple billion-dollar businesses.

Mukesh Bansal Career Timeline

After graduating from IIT Kanpur in 1997, Mukesh Bansal began his career as a Business Analyst at Deloitte Consulting in Chicago. He then moved to Silicon Valley, where he spent eight years working with early-stage startups during the dot-com era, including NexTag, eWanted.com, Centrata, and newScale, gaining deep expertise in engineering and product management.

In 2007, Bansal returned to India and co-founded Myntra with Ashutosh Lawania and Vineet Saxena. Initially a personalised gifts platform, Myntra pivoted to become India’s leading fashion e-commerce destination. In 2014, Myntra was acquired by Flipkart for approximately $330 million, one of the largest e-commerce acquisitions in India at the time.

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After serving as Head of Commerce and Advertising at Flipkart from 2014 to 2016, Bansal left to co-found CureFit with Ankit Nagori. Under his leadership, CureFit grew into a health-tech unicorn offering fitness (Cult.fit), nutrition (Eat.fit), mental wellness (Mind.fit), and healthcare (Care.fit) services. In 2021, the company reached unicorn status following a $50 million investment from Zomato. In early 2024, Bansal transitioned to Executive Chairman and launched Nurix AI, an agentic AI company that raised $27.5 million from General Catalyst and Accel.

Education

Mukesh Bansal Wiki – Age, Family, & More

Mukesh Bansal (age 50, born September 1975) was born and raised in Haridwar, Uttarakhand, in a middle-class family. His father, Narendra Bansal, worked at Bharat Heavy Electricals Limited (BHEL) in Haridwar, and his mother is Santosh Bansal. Despite humble beginnings in a small town, Bansal earned admission to the prestigious IIT Kanpur, launching a career that would make him one of India’s most successful serial entrepreneurs.

Mukesh’s wife, Archana Bansal, runs her own business. The couple has two children: a daughter named Avni (meaning “Earth”) and a son named Arnav (meaning “Ocean”). Known for his polite and disciplined nature, Bansal is deeply passionate about fitness, health optimization, and entrepreneurship. He is also an accomplished author and podcast host.

Notable Achievements & Recognitions

• IIT Kanpur Distinguished Alumnus Award (2021) – The highest honour bestowed by his alma mater
• Fortune 40 Under 40 – Named among the Best 40 Under 40 Entrepreneurs by Fortune Magazine
• Author of 3 Books – No Limits: The Art and Science of High Performance (2020), Hacking Health, and The Start-Up Code: Taking Your Company from Seed to Scale
• SparX Podcast Host – Popular podcast exploring big ideas in economics, politics, science, and entrepreneurship, featuring guests like Sudha Murty and Rahul Dravid
• Meraki Labs Co-Founder – Built India’s first startup studio (2020), investing $250K–$5M in early-stage ventures including Groww and Skyroot Aerospace
• Nurix AI Founder (2024) – Raised $27.5 million in seed-Series A funding from General Catalyst and Accel to build AI agents for the $300 billion BPO industry
• Myntra Exit – Built Myntra into India’s top fashion platform and sold it to Flipkart for ~$330 million in 2014

Bansal spent nearly eight years in Silicon Valley working with startups before returning to India in 2007 to build his entrepreneurial legacy. His journey from a small town in Uttarakhand to founding companies collectively valued at over Rs 18,000 crore is widely cited as one of the most inspiring startup stories in India.

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About CureFit / Cult.fit

CureFit Healthcare Private Limited, operating under the brand Cult.fit, is an Indian health and fitness technology company headquartered in Bengaluru, Karnataka. Founded in 2016 by Mukesh Bansal and Ankit Nagori, the company offers an integrated platform spanning fitness, nutrition, mental wellness, and primary healthcare.

Cult.fit operates across 40+ cities in India and has raised over $675 million in total funding from marquee investors including Tata Digital, Accel, Kalaari Capital, Chiratae Ventures, Temasek, and Zomato (Eternal). The company reached unicorn status in 2021 with a valuation of $1.5 billion and is currently preparing for an IPO targeting a valuation of approximately $2 billion. Under the brand CultSport, the company also sells fitness equipment and activewear.

Frequently Asked Questions (FAQ)

Who is the founder and CEO of CureFit/Cult.fit?

Mukesh Bansal co-founded CureFit in 2016 with Ankit Nagori and served as CEO until early 2024. He currently serves as Executive Chairman of Cult.fit. The current CEO is Naresh Krishnaswamy, a co-founder who joined the company in 2018.

What is Mukesh Bansal’s net worth in 2026?

As of 2026, Mukesh Bansal’s net worth is estimated at approximately $150 million USD (roughly Rs 1,250 crore). His wealth primarily comes from the Myntra sale to Flipkart ($330 million in 2014), his co-founder equity in Cult.fit (valued at ~$1.5 billion), and his investment portfolio through Meraki Labs.

What is Mukesh Bansal’s email address?

Mukesh Bansal’s email address is [email protected]. He can also be reached on Twitter/X at @mukeshbansal06 and on LinkedIn at linkedin.com/in/mubansal. For Cult.fit customer support, email [email protected].

What is Mukesh Bansal’s age and educational background?

Mukesh Bansal is 50 years old (born September 1975) and hails from Haridwar, Uttarakhand. He holds a B.Tech in Computer Science and Engineering from the Indian Institute of Technology (IIT) Kanpur, graduating in 1997. He received the IIT Kanpur Distinguished Alumnus Award in 2021.

What companies has Mukesh Bansal founded?

Mukesh Bansal has founded or co-founded several notable companies: Myntra (2007, sold to Flipkart for ~$330M), CureFit/Cult.fit (2016, unicorn valued at $1.5B+), Meraki Labs (2020, India’s first startup studio), Nurix AI (2024, raised $27.5M for AI agents), and Lyskraft (omnichannel fashion startup co-founded with former Zomato executive Mohit Gupta).

Is Cult.fit profitable and planning an IPO?

Cult.fit is not yet profitable but has been narrowing its losses significantly. In FY25, the company posted revenue of Rs 1,216 crore (up 31% YoY) with losses narrowing 10% to Rs 481 crore. The company is planning an IPO targeting Rs 2,500 crore at a ~$2 billion valuation, with Axis Capital, Jefferies, Goldman Sachs, Morgan Stanley, and JM Financial appointed as bankers.

Article last updated:March 2026March 2, 2026