Background
About Ashutosh Lawania
Ashutosh Lawania is a technology entrepreneur who co-founded Myntra and later digital-health company mfine.
Journey
Lawania studied at IIT Kanpur and worked in technology before founding ventures. He joined Mukesh Bansal and Vineet Saxena to create Myntra in 2007. The business began with personalised products and changed to online fashion retail as the founders found stronger consumer demand.
Myntra was acquired by Flipkart in 2014. Lawania later co-founded mfine with Prasad Kompalli, building a platform for online medical consultations, diagnostics and hospital partnerships. The company expanded quickly during the pandemic but later reduced its workforce and restructured after financing conditions tightened, illustrating the risks of growth ahead of stable funding.
Working approach
Lawania has repeatedly built marketplaces around specialist supply—fashion brands in one case and healthcare providers in another. The mfine restructuring is an important reminder that access and product adoption must be supported by durable economics.
Assessment
He contributed to two significant digital categories. His experience combines successful exit with a later venture that faced a sharp correction, making capital discipline and service quality central to evaluating the record.