Who must have not heard the name of the leading Eyewear brand Lenskart and the man behind it. Yes, we are talking about Peyush Bansal who is the Co- Founder and Chief Executive Officer of Lenskart. He is an Indian Entrepreneur, Business Executive and a Seed Funder or Angel Investor, who provides small startups with Capital or funds. Peyush gained massive recognition and became highly popular after his Participation in The Indian Business Reality Show, Shark Tank India as a Judge or Shark. Peyush is a source of inspiration for many Young and budding Entrepreneurs. In this Article, we have provided in-depth information about Peyush Bansal’s Life.
Peyush Bansal Biography
Peyush was born on April 26th, 1985 in New Delhi, India. He is the CEO and Co-Founder of Lenskart, which is a Popular brand of Eyewear in India. Peyush Professes Hinduism and follows its Customs and Practices. His Zodiac Sign is Taurus. Peyush currently lives in Gurugram, Haryana due to his Profession and Business Ventures, with his Wife and Children.
| Name | Peyush Bansal |
| Date of birth | 26 April, 1985 |
| Place of birth | Delhi, India |
| Current city | Gurugram & Delhi, India |
| Profession | Entrepreneur and Business person |
| Religion | Hinduism |
| Zodiac Sign | Taurus |
| Nationality | Indian |
| Marital Status | Married |
Peyush Bansal Age
Peyush as of now is currently 39 years old. Bansal has gained wide experience and has built his name in the Top Business Tycoon in India at such age.
Peyush’s Height and Physical Appearance
He has a very attractive and charming personality. His gentle and smart appearance makes him perfect as an Entrepreneur. Talking about Peyush’s physical traits, he stands at a tall height of 5 feet 7 inch and weighs around 75 kgs. He has Shiny Black Eyes and Natural Black Hairs. His other Body measurements like Chest, Waist and Biceps size is 42-36-14 inches.
However, these data on his Physical appearance and Body Measurements are based on his Public Appearance and may not be necessarily true and can vary.
| Height | 5 feet 7 inch |
| Weight | 75 kgs |
| Chest Size | 42 inches |
| Hip Size | 36 inches |
| Bicep Size | 14 inches |
| Shoe Size | 9 US |
Peyush’s Educational Qualification
Peyush is quite Popular for His educational Qualification that has helped him to stand at the place he is right now. He is a Well educated Businessman. Peyush was an Academically Bright and Studious Student. Besides Academics, he also used to take part in many extra curricular activities.
Peyush completed his Schooling from Don Bosco school, New Delhi. After Completing his School, in 2002, he got himself enrolled in the McGill University, Montreal, Canada and pursued a Bachelor’s Degree in Electrical Engineering. After completing his Betch., Peyush in 2008 took admission in Indian Institute of Management, Bangalore, Karnataka and did a course of Management Programme for Entrepreneurs and Family Business.
| School | Don Bosco School, New Delhi |
| College | McGill University, Montreal Canada( Bachelors in Electrical Engineering) |
| Post Graduation | IIM, Bangalore (Management Programme for Entrepreneurs and Family Business) |
Peyush’s Family Members
Peyush was born and raised in a well to do family background in Delhi, India. His family consists of his parents and Siblings. His father’s name is Bal Kishan Bansal, who is a Chartered Accountant. Peyush’s Mother’s name is Kiran Bansal, who is a Homemaker. Peyush also has an Elder brother and a Younger Sister named Neha Bansal.
| Father | Bal Kishan Bansal |
| Mother | Kiran Bansal |
| Brother | (Update Soon) |
| Sister | Neha Bansal |
Peyush’s Wife
Peyush got married to Nidhi Mittal Bansal on June 12th, 2011. Nidhi is also an entrepreneur and currently serves as the chairperson of the eyewear company LensKart and is a co- partner with her husband Peyush in his business. Nidhi was earlier a journalist by profession. She is also a social worker in an NGO that focuses on eliminating refractive error based blindness. However there is no information about their love story or whether their marriage was arranged or love. Nidhi has always been a very supportive and encouraging partner who has motivated Piyush to do better in his life.
Peyush’s Children
Peyush and Nidhi with their marriage has a son how about there is no information available about his son. Bansal is a private very caring and protective father who does not like to disclose out his personal life media and public.
A look into Peyush’s Professional Insight
Peyush is a Multifaceted Personality, who has served many big positions in Multinational Companies. After gaining immense experience in the Business World, Bansal decided to start his own Company, which led to the emergence of Lenskart.
In 2007, After completing his graduation, Peyush got a job in the renowned Microsoft Corporation in the United States where he served as a program manager in the company. However Peyush served there only for a year and then came back to India to pursue his post graduation from IIM Bangalore during his post graduation piyush was determined to launch his own business piyush talk to many people who wear seeking for a new company after much discussions Piyush his first project website called as search my campus.com in January 2008 a capital of 25 lacs. Side based company was a student that provided various services like accommodation, internships, books, part time jobs and transportation facilities for the students of Delhi University. As the website reached 20 employees, Peyush started a company called Valyoo Technology in 2008 and in 2009 Piyush started another online business company named as Flyrr which dissolved in November 2010.
Peyush Bansal: The Founder of Lenskart
In 2010, Peyush along with Amit Choudhary started an Eyewear retail website named as Lenskart under the label of Valyoo technologies. In 2011 another fellow entrepreneur named Sumit Kapahi also joined them as a co-founder. LensKart was initially an eyewear company but later on they expanded the company with sunglasses, contact lenses, and other no power spectacles. After LensKart’s successful venture, Peyush started three more E-Commerce businesses under the value of Technology like watchkart that included watches; Bagskart, that has various kinds of bags; and Jewelskart that provided jewellery. However, Peyush was not able to run all the four businesses simultaneously therefore he shut down the later three companies to focus only on lenskart. This is how Lenskart emerged as one of the liked and Famous Eyewear brands in India.
About Lenskart
Lenskart has become one of the most prominent eyewear companies in India’s eyewear market, making easy accessibility to eye-care products all across the country through its both online and offline presence.
Founded as an online eyewear portal, Lenskart has nearly 1400 stores across the Nation. Reportedly, the organization has raised an amount of more than $900 million and has Big investors like SoftBank Vision Fund, Bay Capital, Chiratae Ventures, and Temasek Holdings. This company has grown into a nationwide brand with over 320 stores across tier-1 and tier-2 cities, processing about 300,000 monthly orders.
A meteoric growth in Lenskart Valuation
As of November 5, 2024, Lenskart was valued at $5.6 billion. This was a 12% increase from the previous valuation. Lenskart’s valuation was increased by a fund handled by Fidelity, a US-based financial services company. The valuation was based on the company’s fair value as of September 30, 2024. The valuation was determined by considering market conditions and the performance of similar companies. In 2019, Lenskart became a Unicorn Company having a Valuation of more than 1 Billion.
Peyush Bansal in Shark Tank
Peyush was one of the sharks in the Indian Business Reality show, Shark Tank India. In this show, Peyush has made many investments in different Startups. In Shark Tank Season 4, He made a record making deal by investing 5 crore in a Company called NOOE that is a Premium Lifestyle and Accessories Brand and acquired a controlling 51% stake in the company. Previously he has also invested in the Companies like
Peyush’s Awards and Achievements
- Innovator of the Year Award at NDTV Indian of The Year (2023-24)
- India TV Yuva Awards in 2015
- Red Herring Top 100 Asia Award 2013
- Emerging Entrepreneur of the Year Award in 2012
- British Honors Award at McGill University
- Best 40 under 40 Entrepreneurs Fortune India in 2019.
Peyush’s Controversies
In 2022, Peyush came into a Controversy, after making his remark on Chartered Accountants in one of the episodes of Shark Tank. After which, Peyush received many backlashes and there arose a trend of Boycotting Lenskart. However, Peyush apologized for his statement.
Peyush Bansal Net Worth, Assets & Income Source
With a Well established Professional Career, Peyush has accumulated Whooping Wealth. He is ranked among the Top Business Tycoon in India. As of 2024, Peyush Bansal’s net worth is estimated to be ₹600 crore. Bansal is the co-founder and CEO of Lenskart, an eyewear brand that sells Spectacles, Sunglasses, lenses and more. He is also a judge on the reality show Shark Tank India. Bansal’s wealth comes from the success of Lenskart, his investments in startups, and his role in high-profile companies. He has invested in startups like Lenskart, House of Chikankari, and RaptorX.a and more. He also earns through Collaborations, Promotions, Advertisements and Social Media Profiles.
Peyush along with his net worth and whooping income, also has many assets like House, Flat in crores and properties. He has multiple homes, including a bungalow in Neeti Bagh Delhi, worth 18 crores and an apartment in Gurugram’s DLF The Camellia. Peyush also owns many luxury cars like Mercedes, Audi, and Land Rover and BMW Series 7.
Peyush’s Social Media
Peyush is very popular on his Social Media Platforms and has built a Huge Fan base by his well established career and business ventures. Peyush is very active on his social media accounts and uses it as a platform to stay connected to his fans and followers. He is very famous and is a Source of Inspiration and motivation for Youngsters and Budding Entrepreneurs, he is also regarded as the favorite Entrepreneurs in India. He has a total of more than 2 Million followers on his Social media profile. He also has an account on Instagram with the name ‘peyushbansal’ with more than 9,13,000 followers. He also has accounts on Linkedin and Twitter with the names ‘Peyush Bansal’ and ‘@peyushbansal’ with more than 8,99,000 and 1,86,300 followers respectively. He has a Facebook Account too but he is not active now.
| Social media | Followers | Link to follow |
|---|---|---|
| 9,13,000 | @peyushbansal | |
| 8,99,000 | @peyushbansal | |
| 1,86,000 | @peyushbansal |
Some Unknown Facts Peyush Bansal
- Peyush is a Cricket Fan
- Peyush’s favorite dish is Bhindi
- His favorite color is Blue
- His hobbies include Traveling and Watching Movies.
- His role model is Bill Gates
- Katrina Kaif is the Brand Ambassador of Lenskart.
- Lenskart has more than 1400 stores across the country.
- Peyush consumes Alcohol occasionally.
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FAQs
Ans- Peyus is a renowned Indian Entrepreneur and Angel Investor. He is the co-founder and CEO of the eyewear brand Lenskart.
Ans- He is currently 39 years old.
Ans- Peyush is married to Nidhi Mittal Bansal, who is a Journalist by profession but is currently serving as the Chairman of Lenskart.
Ans- Peyush current net worth is estimated to be around 600 crore.
