Peyush Bansal Biography: Wiki, Age, Height, Weight, Net Worth, Wife, Shark Tank India, Lenskart, Angel Investor & More

Peyush Bansal is a name that’s become synonymous with entrepreneurial success in India. As the CEO and co-founder of Lenskart, he’s not only revolutionized the eyewear industry but also become a prominent figure in the world of business. But that’s not all—he’s also made waves as one of the most recognizable judges on Shark Tank India, where his sharp insights and knack for recognizing potential in new start-ups have made him a favorite among audiences and aspiring entrepreneurs alike.

Born in New Delhi in 1985, Peyush Bansal has always been a driven individual. His journey to success wasn’t a smooth ride, but his tenacity and willingness to take risks set him apart from others in the field. After completing his Electrical Engineering degree at McGill University in Montreal, Canada, he came back to India with a vision. Initially, he worked with Microsoft, but the spark for entrepreneurship had already been lit.

Peyush Bansal Biography

Peyush’s story is about seeing opportunity in what others overlooked. While working at Microsoft, he realized the need for accessible eyewear in India, especially given the staggering statistics about blindness and eye health in the country. This realization led to the birth of Lenskart, a brand that would go on to disrupt the eyewear industry. But, of course, it wasn’t just the idea that led to his success—Peyush Bansal’s perseverance, along with his sharp business acumen, turned Lenskart from a small idea into a global sensation. In fact, by 2019, Lenskart was officially recognized as a unicorn, a testament to the success of the business and Peyush’s vision.

Beyond his entrepreneurial journey, Peyush’s personal life and values reflect his dedication to his work and his family. Married to Nimisa Bansal, the couple has a son, Ivaan. They are often seen as a close-knit family, with Peyush maintaining a balance between his successful career and family life. From his childhood in New Delhi to leading a billion-dollar business, Peyush Bansal’s story is an inspiring one, especially for those seeking to make their mark in the world of business.

Biography Details

Career and Achievements

Physical Appearance

Family and Relatives

Education and Career Path

Lenskart: Growth and Success

Investments and Portfolio

Net Worth Breakdown

Social Media and Public Presence

Early Life and Education of Peyush Bansal

Peyush Bansal was born on April 26, 1985, in New Delhi, India, and grew up in a family that valued education above all. His father, Bal Kishan Bansal, and mother, Kiran Bansal, both instilled in him the importance of learning and striving for success. Though he was always academically inclined, Peyush was drawn to entrepreneurship early on.

He attended Don Bosco School in Delhi, where he was known for his sharp mind and dedication to his studies. After completing his schooling, Peyush headed to Canada to pursue Electrical Engineering at McGill University, where he graduated in 2006. During his time at McGill, his entrepreneurial spirit started to grow, and he began developing an interest in the world of business and technology.

After graduation, Peyush worked for Microsoft in the USA as a Program Manager for almost a year. However, despite his promising career at one of the biggest tech companies in the world, his desire to build something of his own eventually led him back to India, where he attended the Indian Institute of Management (IIM) Bangalore for a specialized Entrepreneurship Program. This was where Peyush Bansal’s entrepreneurial journey truly began.

From SearchMyCampus to Lenskart

In 2007, during his time at IIM Bangalore, Peyush Bansal launched his first business venture, SearchMyCampus, an online platform designed to help students find jobs, internships, study materials, and housing options. The platform catered specifically to students across India, and although it didn’t become a massive success, it provided Peyush with valuable lessons in business management, customer service, and the realities of running a start-up.

While SearchMyCampus wasn’t the ultimate success he had hoped for, it was an essential stepping stone that prepared Peyush for his next big venture: Lenskart. In 2010, Peyush Bansal co-founded Lenskart with Amit Chaudhary and Sumeet Kapahi, with the goal of bringing affordable eyewear to millions of Indians. The inspiration for Lenskart came after Peyush realized that India had a high percentage of people suffering from poor vision, yet very few were wearing glasses. He saw this gap in the market and decided to create a solution.

What started as an online eyewear platform soon expanded its operations, offering everything from contact lenses to prescription eyeglasses. Lenskart grew exponentially, and by 2019, it had become a unicorn, marking its place as one of the most successful start-ups in India. Today, Lenskart operates in over 100 cities, with more than 1,100 stores nationwide and a vast collection of eyewear options.

Lenskart’s Success and Global Expansion

Lenskart has not only dominated the Indian market but has also begun making strides internationally, with a presence in the UAE and Singapore. The company’s success can be attributed to its innovative approach to e-commerce, which made shopping for eyewear accessible and convenient. The platform offers everything from virtual try-on features to home eye check-ups, making it easier for customers to find the right eyewear without leaving their homes.

Beyond the product itself, Lenskart’s growth has been fueled by strategic investments and partnerships. In 2019, the company’s valuation hit $5.6 billion, making it one of the most valuable start-ups in India. Investors like SoftBank, Premji Invest, and the Abu Dhabi Investment Authority have played a crucial role in Lenskart’s expansion, further solidifying Peyush Bansal’s position as one of India’s most influential entrepreneurs.

Peyush Bansal on Shark Tank India

In addition to his business ventures, Peyush Bansal has gained widespread recognition as one of the judges on Shark Tank India, the Indian version of the famous American business reality show. On the show, Peyush has become known for his sharp business acumen and ability to spot promising start-ups. His straightforward approach and insightful advice have made him a favorite among fans of the show, and his investments have helped launch several successful companies.

During the first season, Peyush Bansal was involved in multiple deals, and his presence as a “shark” has cemented his place as a prominent figure in the Indian business community. His candid feedback and willingness to invest in new ideas have made Shark Tank India an essential platform for entrepreneurs looking to scale their businesses.

Peyush Bansal’s Net Worth and Other Ventures

As of 2024, Peyush Bansal’s net worth is estimated at ₹600 crores (around $75 million), a reflection of his success with Lenskart and his various business ventures. His income streams come from his work as CEO of Lenskart, investments, and his role on Shark Tank India.

In addition to Lenskart, Peyush has also invested in several other start-ups through his investment firm, Valyoo Technologies. His investments span various sectors, including tech, e-commerce, and sustainability, further expanding his portfolio and influence.

Peyush Bansal’s Personal Life

When he’s not working, Peyush Bansal enjoys spending time with his family. He is married to Nimisa Bansal, and they have a son named Ivaan. Although he’s a well-known public figure, Peyush keeps his personal life relatively private, preferring to focus on his work and his family. In his free time, he enjoys reading, exploring new business ideas, and spending quality time with his loved ones.

Here’s a detailed biography of Peyush Bansal, the Co-founder and CEO of Lenskart, and an influential figure in the world of entrepreneurship:

Awards and Recognition

Interesting Facts

Summary

Peyush Bansal was born on April 26, 1985, in New Delhi. He is a renowned Indian entrepreneur and the co-founder and CEO of Lenskart, an optical eyewear brand that has revolutionized the eyewear industry in India. With a background in Electrical Engineering from McGill University, Canada, Peyush also completed a Management Programme from IIM Bangalore. His entrepreneurial journey started with his first venture, SearchMyCampus, and evolved into Lenskart in 2010. Lenskart, under his leadership, became one of India’s top eyewear platforms, offering a wide range of eyewear products and achieving a valuation of $4.5 billion by 2025. Peyush is also a judge on Shark Tank India, where he invests in various startups. His net worth is estimated to be around ₹600 crores, with significant income from Lenskart and his investments. Peyush is known for his humble beginnings and his investment in various industries, including real estate and private equity. He is married to Nimisa Bansal, and the couple has a son, Ivaan.

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