Peyush Bansal Net Worth, Bio, Lenskart, Education Qualification, Age, Wife, Glasses, Height, Wikipedia, LinkedIn, Family

Peyush Bansal Net Worth, Bio, Lenskart, Education Qualification, Age, Wife, Glasses, Height, Wikipedia, LinkedIn, Family

Peyush Bansal Net Worth, Bio, Lenskart, Education Qualification, Age, Wife, Glasses, Height, Wikipedia, LinkedIn, Family – Peyush Bansal is the man behind Lenskart, the online eyewear store that has changed the way Indians buy glasses. He started Lenskart in 2010 and grew it into a unicorn in 2019, with a value of $1.5 billion. Today, Lenskart has around 600 retail stores and around 4000 employees spread across the country. Peyush Bansal is an inspiring entrepreneur who never gave up on his dreams. This article will tell you more about his life, from his childhood, education, family, career, challenges, and achievements.

Piyush Bansal Bio

CategoryInformation
NamePiyush Bansal
ProfessionEntrepreneur, Angel investor, TV Star
Famous ForCo-founder, CEO of Lenskart and Shark Tank India
Date of BirthApril 26, 1985
Age (as of 2022)37 Years
BirthplaceNew Delhi, India
Zodiac SignTaurus
NationalityIndian
Net Worth (2023)Rs. 600 crores (as of October 2023)
Peyush Bansal Net Worth, Bio, Lenskart, Education Qualification, Age, Wife, Glasses, Height, Wikipedia, LinkedIn, Family

Piyush Bansal: Early Life & Background

Peyush Bansal was born on April 26, 1985, in New Delhi, India. He grew up in a middle-class family that taught him good values. He lived in Delhi, where he faced the same struggles and dreams as many people in his situation.

Piyush Bansal: Educational Qualification

Peyush Bansal got a good education that helped him achieve his goals. He went to Don Bosco School in Delhi for his basic schooling. Then, he studied Electrical Engineering at McGill University in Montreal, Canada, and got his degree in 2006. He didn’t stop there. He also got an MPEFB from the famous Indian Institute of Management (IIM), Bangalore, in 2009.

Piyush Bansal: Family Background

Peyush Bansal grew up in a loving family. His parents, Bal Kishan Bansal and Kiran Bansal gave him a lot of care and guidance. He also has an elder brother and a sister named Neha Bansal, who are very close to him. His family always supported and motivated him to follow his dreams of becoming an entrepreneur.

Piyush Bansal: Physical Measurements

Peyush Bansal is about 170 cm (5′ 7″) tall, and he has black eyes and hair. He looks humble and simple, but he is a powerful entrepreneur and leader. He has the skills and the passion to make it big in the business world.

Height170 cm (5′ 7″)
Eye ColourBlack
Hair ColourBlack

Piyush Bansal: Personal Life

Peyush Bansal has a happy family life. He is married to Nimisha Bansal, and they have a son together. Peyush cares a lot about his family, and he shows it in his work and his home. He is a loving husband and father, and he enjoys being with his family.

Piyush Bansal: Relationship Status

Peyush Bansal loves his family. He is married to Nimisha, and they have a beautiful family together. He values his family life a lot, and he shows it in his actions. He is devoted to his wife and their kids, and he enjoys spending time with them. He is not just a businessman, he is also a family man.

Piyush Bansal: Net Worth In Rupees

Peyush Bansal is not only a great entrepreneur, but also a rich one. He has made a lot of money from his business ventures. His net worth is Rs. 600 crores, or $75 million, as of October 2023. He has done a lot for the business world, and he has earned a lot from it too.

Piyush Bansal: Career Beginnings

Peyush Bansal is an innovator and a fighter. He worked as a Program Manager at Microsoft in Redmond, Washington, for a short time. But he wanted to be his own boss, so he came back to India and started his own business. In 2007, he created SearchMyCampus, a website that helped college students find everything they needed, from housing to books to jobs.

But Peyush was not done yet. He had a bigger dream: to change the eyewear industry in India. In 2010, he teamed up with Amit Chaudhary and Sumeet Kapahi and launched Lenskart, an online store that sold contact lenses. Soon, they added eyeglasses and sunglasses to their offerings and became a one-stop shop for all eyewear needs.

Peyush’s career took a twist when he graduated and joined Microsoft in Redmond, Washington, as a Program Manager in 2007. He worked hard to improve the customer experience at Microsoft. But he felt the urge to do something more. He quit his job and flew back to India.

He had a passion for entrepreneurship, and he wanted to start his own company. He came up with the idea of SearchMyCampus, a campus classifieds portal that connected college students with various services. He launched it in 2007, and it became a hit among the students.

Peyush was happy with his startups, but he wanted to make a bigger impact. He saw an opportunity in the eyewear market, and he decided to go for it. He joined forces with Amit Chaudhary and Sumeet Kapahi and founded Lenskart in 2010. It started as an online portal for contact lenses, but it soon grew into a full-fledged eyewear retail platform, offering eyeglasses and sunglasses as well.

Lenskart’s Growth and Achievements: 

Peyush Bansal is the man behind Lenskart, the online eyewear store that has changed the way Indians buy glasses. He started Lenskart in 2010 and grew it into a unicorn in 2019, with a value of $1.5 billion. Today, Lenskart has around 600 retail stores and around 4000 employees in 450 cities in India. Lenskart offers a huge range of stylish and quality eyewear from top brands like Ray-Ban, Oakley, and Tag Heuer.

Shark Tank India Journey:

Peyush Bansal also became a judge on the show ‘Shark Tank India’ in December 2021, where he invested in and mentored some promising startups. He also faced some criticism and controversy for his decisions and comments on the show.

Role Models and Influences: 

Peyush Bansal admires Bill Gates as his role model. He also has a famous face as his brand ambassador: Katrina Kaif, the Bollywood star. She adds glamour and popularity to Lenskart.

Entrepreneurial Insights: 

Peyush Bansal has shared his entrepreneurial insights in many interviews. He says that the key to success is to always challenge yourself and make your customers and employees happy. He also reveals how he shifted his focus from a campus classifieds portal to Lenskart, with a vision to scale up and grow fast.

Philosophy and Success: 

Peyush Bansal’s philosophy of success is simple: “It’s about breaking your own standards every time and bringing an element of joy into the lives of your customers and employees.” He cares not only about his business success but also about the well-being and satisfaction of his Lenskart family.

Piyush Bansal: Controversy

Peyush Bansal is not new to controversies. In 2022, he got into trouble for something he said on ‘Shark Tank India.’ He joked to some entrepreneurs, “Ek advice hai, CA se durr raho” (“One piece of advice, stay away from CAs”), and this sparked a backlash on social media. People started saying ‘Say No To Lenskart.’ Bansal had to explain that he was just kidding and his comment was misunderstood.

Piyush Bansal: Social Media

InstagramClick Here
FacebookClick Here
TwitterClick Here

Piyush Bansal Facts

  • Peyush started many businesses before Lenskart, proving his skills and passion as an entrepreneur.
  • Lenskart became a unicorn in 2019, with a value of $1.5 billion, thanks to Peyush’s leadership and vision. This was a huge achievement for the Indian startup scene.
  • Lenskart has a famous face as its brand ambassador: Katrina Kaif, the Bollywood star. She adds glamour and popularity to the brand.
  • Peyush believes in success which is not only about numbers but also about happiness. He wants to make his customers and employees happy, and he always challenges himself to do better.
  • Peyush joined ‘Shark Tank India as a judge in December 2021, where he invested in and mentored some promising startups. He also faced some criticism and controversy for his decisions and comments.
  • Peyush likes to have fun and relax when he is not working. He loves to travel and watch movies, showing that he has a balanced life.
Peyush Bansal's Lenskart's Journey - Shark Tank India

Conclusion

In conclusion, Peyush Bansal’s story is amazing. He came from a humble background and became the boss of Lenskart, the online eyewear store that changed the game in India. He made eyewear affordable and accessible for everyone and created a huge impact on the industry. He is also a family man who values his personal life. 

He is not just a one-dimensional businessman, he is a well-rounded person. He has faced some tough times, but he never gave up. He always found a way to overcome obstacles and lead his company to success. He is a strong leader who inspires others to follow their dreams. He shows us what vision and hard work can do, and how they can change the world.

FAQ

Who is Peyush Bansal?

Peyush Bansal is an Indian entrepreneur, business executive and angel investor. Meet Peyush Bansal, the Lenskart co-founder and CEO who is also a Shark Tank India judge and a leader in the eyewear industry.

How did Peyush Bansal start Lenskart?

Peyush Bansal started Lenskart in 2010 along with Amit Chaudhary and Sumeet Kapahi. He was inspired by his previous venture Flyrr, an online store to sell eyewear in the US, which faced operational challenges. He decided to replicate the model in India, where there was a huge demand for vision correction and fashionable eyewear.

What is the vision and mission of Lenskart?

The vision of Lenskart is to provide better eyewear for everyone and change the way people see through their eyes. The mission of Lenskart is to revolutionise the eyewear industry by offering high-quality products, innovative technology, and exceptional customer service.

How does Lenskart use technology to enhance customer experience?

Lenskart uses technology to enhance the customer experience in various ways, such as:
1. Offering a 3D try-on feature on its website and app, where customers can virtually try different frames and styles on their faces.
2. Providing a home eye check-up service, where customers can book an appointment with a certified optometrist who visits their home and conducts a comprehensive eye test.
3. Launching a robotic manufacturing facility, where lenses are cut and fitted with precision and accuracy using automated machines.

What are some of the achievements and awards of Peyush Bansal and Lenskart?

Peyush Bansal and Lenskart have achieved and won many accolades, such as:
Becoming a Profitable Unicorn in 2022, with a valuation of $4.3 billion and over 10 million customers.
Receiving the ‘Entrepreneur of the Year’ award at the Forbes India Leadership Awards 2022.
Being featured in the ‘LinkedIn Top Startups’ list for three consecutive years (2021, 2022, and 2023).
Securing the ‘Best Company to Work For’ award at the Indian Retail Awards 2023.
Getting recognised as the ‘Most Innovative Company’ by Fast Company in 2023.

Related:

Recent Articles

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here