Mukesh Bansal seeks over $100M valuation in new venture’s maiden funding

Mukesh Bansal of Indian fashion e-commerce giant Myntra and fitness platform Cultfit fame is evaluating a new venture. Even though he hasn’t yet decided on his exact plans for the new offerings – or their sequence – he already has a potential price in mind.
Bansal, who stepped back from conglomerate Tata Digital’s Neu business earlier this year, and Zomato co-founder Mohit Gupta have pitched several investors – including Peak XV, Lightspeed India Partners, Accel and Nexus Venture Partners – in recent weeks, seeking terms that would value the holding company at over $100

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