Peyush Bansal, the visionary entrepreneur behind Lenskart, has transformed the eyewear industry in India. From humble beginnings to building a billion-dollar company, his journey is nothing short of inspirational. This article delves into his biography, the meteoric rise of Lenskart, and provides insights into his net worth, backed by credible sources.
Peyush Bansal: A Detailed Biography
| Attribute | Details |
|---|---|
| Full Name | Peyush Bansal |
| Date of Birth | April 26, 1985 |
| Place of Birth | New Delhi, India |
| Education | – B.E. in Electrical Engineering, McGill University, Canada- Management Programme for Entrepreneurship and Family Businesses, IIM Bangalore |
| Early Career | Program Manager at Microsoft, Redmond, USA |
| Entrepreneurial Ventures | – SearchMyCampus.com- Flyrr.com- Lenskart.com (2010) |
| Current Position | Co-founder, Chairman, MD & CEO of Lenskart |
| Television Appearance | Shark Tank India (2021–present) |
| Spouse | Nidhi Mittal |
| Children | 1 |
| Nationality | Indian |
Lenskart: From Startup to Unicorn
Founded in 2010, Lenskart began as an online platform for contact lenses and quickly expanded into a comprehensive eyewear solution. With over 2,000 retail stores and a presence in multiple countries, Lenskart has revolutionized the eyewear industry.(Source)
Key Milestones
| Year | Milestone |
|---|---|
| 2010 | Founded Lenskart with Amit Chaudhary and Sumeet Kapahi |
| 2011 | Launched WatchKart, BagsKart, and JewelsKart (later shut down to focus on eyewear) |
| 2017 | Introduced in-house brand John Jacobs |
| 2019 | Achieved profitability |
| 2022 | Acquired majority stake in Japanese eyewear brand Owndays |
| 2024 | Valuation reached $5.6 billion after a secondary funding round |
| 2025 | Preparing for IPO with a targeted valuation of $10 billion |
Peyush Bansal’s Net Worth
As of 2025, Peyush Bansal’s net worth is estimated between $1.2 billion to $1.5 billion, primarily derived from his significant stake in Lenskart and investments in other startups .(Source)
Net Worth Breakdown
| Asset | Estimated Value |
|---|---|
| Stake in Lenskart | Major contributor to net worth |
| Startup Investments | Includes various ventures via Shark Tank India |
| Other Assets | Real estate, personal investments, etc. |
Social Media Presence
Stay connected with Peyush Bansal through his social media channels:
- Instagram: @peyushbansal
- LinkedIn: Peyush Bansal
Featured Video
For a deeper insight into Peyush Bansal’s journey, watch this interview where he discusses his life and the growth of Lenskart:
(Source)
Frequently Asked Questions (FAQs)
Q1: What is Peyush Bansal’s educational background?
A1: Peyush Bansal holds a B.E. in Electrical Engineering from McGill University, Canada, and completed the Management Programme for Entrepreneurship and Family Businesses at IIM Bangalore.(Source)
Q2: How did Lenskart start?
A2: Lenskart was founded in 2010 by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi as an online platform for contact lenses, eventually expanding into a comprehensive eyewear retailer.(Source)
Q3: What is Lenskart’s current valuation?
A3: As of 2025, Lenskart is preparing for an IPO with a targeted valuation of $10 billion .(Source)
Q4: What is Peyush Bansal’s role in Shark Tank India?
A4: Peyush Bansal serves as one of the “sharks” or investors on Shark Tank India, where he evaluates and invests in budding startups.(Source)
Q5: How can I follow Peyush Bansal’s updates?
A5: You can follow him on Instagram Source and connect with him on Source.
Last Updated on: Thursday, May 29, 2025 7:48 pm by BUSINESS SAGA TEAM | Published by: BUSINESS SAGA TEAM on Thursday, May 29, 2025 7:47 pm | News Categories: Trending News
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