Peyush Bansal
Born – April 26, 1985 (New Delhi) India
Profession:
Entrepreneur, Investor, Founder & CEO of Lenskart
Net Worth
Over ₹600 crore (as of 2025 estimates)
👶 Early Life and Background
Born on April 26, 1985, in New Delhi, India, Peyush Bansal grew up in a middle-class family with strong values and a passion for learning. From an early age, he was fascinated by technology and problem-solving. His curiosity and drive to build something meaningful eventually led him toward entrepreneurship.
🎓 Education of Peyush Bansal
Peyush Bansal completed his schooling from Don Bosco School, New Delhi.
He pursued a Bachelor’s degree in Electrical Engineering from McGill University, Canada — one of the top-ranked institutions in the world.
After returning to India, he joined the Indian Institute of Management (IIM) Bangalore, where he completed a Management Program in Entrepreneurship. This combination of technical and business education shaped his ability to blend innovation with strategic thinking.
💼 Professional Journey
After graduating from McGill University, Peyush Bansal began his career at Microsoft Corporation, USA, as a Program Manager. Despite a comfortable corporate job, his entrepreneurial instincts pushed him to move back to India in 2007 to create something of his own.
🚀 Entrepreneurial Ventures Before Lenskart
His first startup, SearchMyCampus, was launched in 2007. It was a student-focused classified platform that connected college students with part-time jobs, internships, and accommodation. Though it did not reach massive scale, the experience gave him valuable insights into the Indian consumer mindset and startup operations.
👓 The Birth of Lenskart (2010)
In 2010, Peyush Bansal co-founded Lenskart along with Amit Chaudhary and Sumeet Kapahi. Initially, Lenskart began as an online contact lens retailer but quickly evolved into a full-service eyewear company offering prescription glasses, sunglasses, and lenses both online and offline.
The company’s mission was simple yet powerful — to revolutionize vision care in India. Bansal saw that millions of Indians either lacked access to quality eyewear or avoided it due to high prices and poor availability. He decided to change that.
🌍 Lenskart’s Rise to Success
Today, Lenskart is a global eyewear powerhouse with:
- 2,000+ retail stores across India
- Presence in Southeast Asia, Middle East, and the United States
- Backing from global investors like SoftBank, Temasek, and KKR
- A valuation of over $5 billion (₹42,000 crore) as of 2025
The brand’s success lies in its “phygital” model — combining the ease of online shopping with the trust of offline experience. Lenskart also developed its own manufacturing and logistics system, ensuring quality and speed for every customer.
🧩 Leadership Style and Vision
Peyush Bansal believes in building businesses that solve real problems rather than chasing quick profits. His leadership emphasizes innovation, empathy, and culture. Under his guidance, Lenskart became a model for how startups can scale sustainably without losing their human touch.
He often says, “The goal is not just to sell eyewear, but to help people see better and live better.”
📺 Peyush Bansal on Shark Tank India
Peyush Bansal became a household name after appearing as a Shark on Shark Tank India (Seasons 1–3). Unlike many investors, his approach stood out for being empathetic, humble, and focused on mentoring entrepreneurs. Viewers praised his balanced mix of business acumen and emotional intelligence.
💰 Peyush Bansal Net Worth
As of 2025, Peyush Bansal’s estimated net worth is ₹600 crore.
Most of his wealth comes from his stake in Lenskart, which continues to expand globally and attract strong investor confidence.
🏆 Awards and Achievements
- Featured in Forbes India – Tycoons of Tomorrow
- Named in Economic Times 40 Under 40
- Recognized among India’s Top Business Leaders of the Decade
- Honored for innovation and social impact by multiple industry bodies
❤️ Personal Life
Peyush Bansal is married to Nimisha Bansal and resides in Gurugram, Haryana. Despite his fame and success, he is known for his down-to-earth attitude, humility, and belief in simple living.
He often dedicates time to mentoring young entrepreneurs and supporting causes related to education and eye health.
💬 Key Lessons from Peyush Bansal’s Journey
- Purpose before profit: Build products that genuinely help people.
- Customer trust is everything: Keep improving the user experience.
- Failure is feedback: Every setback teaches you something.
- Team and culture matter: A great company is built by great people.
🔍 Conclusion
From a young engineer at Microsoft to a visionary CEO leading a billion-dollar company, Peyush Bansal’s biography is a testament to India’s new-age entrepreneurial spirit. His journey with Lenskart proves that innovation, compassion, and perseverance can redefine industries and inspire generations.
Peyush Bansal continues to be a guiding light for aspiring founders who wish to build impactful, long-lasting businesses that make a difference.
Good content but Lenskart compititors are growing…