Peyush Bansal Biography: Peyush Bansal is the co-founder and CEO of Lenskart, a company that has completely changed how people in India buy eyewear. Born on April 26, 1985, in New Delhi, Peyush is now 39 years old. His story is all about vision, determination, and the desire to make high-quality, affordable eyewear accessible to everyone.
Parents
His parents, Bal Kishan Bansal and Kiran Bansal, always encouraged him to follow his passions. His sister, Neha Bansal, shares his entrepreneurial spirit, and together, they’ve always supported each other through thick and thin. This strong family bond played a big role in helping Peyush achieve his dreams.
Education
Peyush grew up in New Delhi and went to Don Bosco School, where he was always curious and eager to learn. After finishing school, he decided to study abroad and joined McGill University in Montreal, Canada, in 2002. There, he earned a Bachelor’s degree in Electrical Engineering, specializing in IT, Control, and Automation. This strong technical background helped him later on when he started his own business.
Wanting to learn more about business and entrepreneurship, he came back to India to study at the Indian Institute of Management (IIM) Bangalore, one of the top business schools in the country. His education gave him the confidence to take the first steps toward his dream of starting a business.
Business Career
After finishing his studies, Peyush started his career working for Microsoft in the United States as a Program Manager. Even though he had a great job at a top company, Peyush always felt that his true calling was entrepreneurship. He wanted to return to India and create something of his own.
In 2010, Peyush Bansal, along with Amit Chaudhary and Sumeet Kapahi, launched Lenskart. The idea was simple but powerful: to make high-quality eyewear affordable and available to everyone in India. At that time, buying glasses online was still a new concept, and Lenskart took the leap.
Lenskart’s Growth and Success
Under Peyush’s leadership, Lenskart grew rapidly. It became a household name, offering glasses, contact lenses, and sunglasses at affordable prices.
What made Lenskart stand out was its use of technology. The company introduced a 3D try-on feature that allowed customers to see how glasses would look on their faces before buying them online. They also offered home eye check-ups, making eye care easy and accessible for everyone. Today, the company serves millions of customers and continues to grow, both online and offline.
Shark Tank India
Apart from his success with Lenskart, Peyush Bansal became a familiar face to many Indians through his role as a judge on Shark Tank India, a business reality show. As a “shark,” Peyush invested in new businesses and offered valuable advice to budding entrepreneurs. His straightforward feedback and thoughtful insights helped him become a respected figure in the Indian startup community.
Through Shark Tank India, Peyush has inspired many young entrepreneurs to chase their dreams, sharing his own experiences and lessons learned along the way.
Wife and Children
Peyush Bansal is married to Nimisha Bansal, and the couple has a son. Despite his busy schedule, Peyush makes time for his family and remains deeply connected to them.
Controversies
During one of the episodes of Shark Tank India, Peyush made a comment advising entrepreneurs to “stay away from chartered accountants (CAs).” Although the comment was meant as a joke, it upset some viewers, especially those in the CA community.
Realizing the impact of his comment, Peyush quickly apologized, clarifying that he meant it as a lighthearted joke.
Peyush Bansal Biography: Net Worth
As of 2024, Peyush Bansal’s net worth is estimated to be around $75 million, which is approximately 600 crores INR. This impressive wealth reflects the tremendous success of Lenskart and Peyush’s hard work and vision.
Conclusion
Peyush Bansal’s ability to identify a gap in the market and offer solutions through technology has revolutionized how Indians buy eyewear. Whether through Lenskart’s continued success or his role on Shark Tank India, Peyush continues to inspire the next generation of entrepreneurs.
Peyush Bansal Biography will be updated here as new details emerge.
Disclaimer: This article is based on publicly available information and sources believed to be reliable. This post is for informational purposes only. India At Present Info. will not be responsible for any wrong information, readers are encouraged to verify the information independently.
