Peyush Bansal is the co-founder and CEO of Lenskart, one of India’s largest eyewear brands. He is a visionary entrepreneur known for transforming the eyewear industry with innovation, affordability, and technology. His appearance on Shark Tank India further made him one of the most trusted startup mentors in the country.
Who Is Peyush Bansal?
Peyush Bansal is an Indian entrepreneur, investor, and the co-founder of Lenskart.
He is known for building a tech-driven eyewear business that disrupted a ₹30,000+ crore market in India.
Peyush Bansal – Early Life & Background
Peyush Bansal was born on 26 April 1985 in New Delhi, India.
He grew up in a middle-class family with strong academic values and a supportive environment.
His father worked as a chartered accountant, and his mother was a homemaker.
Education – Journey Toward Technology
Peyush studied at Don Bosco School, Delhi.
He later completed:
Bachelor’s degree in Electrical Engineering from McGill University, Canada
PGDM in Entrepreneurship from IIM Bangalore
His exposure to global education played a key role in shaping his business ideas.
Early Career – Before Lenskart
After college, Peyush worked at Microsoft, USA as a program manager.
Although the job was prestigious, he wanted to build something impactful in India.
He returned to India and started experimenting with several ventures.
First Ventures
SearchMyCampus – A platform for college students
Flyrr.com – A US-based eyewear e-commerce website
These ventures taught him valuable lessons and shaped his entrepreneurial mindset.
Founding Lenskart – A Vision That Changed Eyewear in India
In 2010, Peyush Bansal co-founded Lenskart along with Amit Chaudhary and Sumeet Kapahi.
The goal was to make eyewear:
Affordable
Stylish
Accessible
Tech-driven
They started with online sales but eventually built a massive offline presence.
Why Lenskart Became a Massive Success?
3D try-on technology
Home eye check-up service
Large offline + online model
Affordable lens & frames
Fast delivery system
AI-powered inventory
Strong branding & marketing
Lenskart solved India’s biggest eyewear problems — accessibility & affordability.
Lenskart’s Expansion
Lenskart now operates in:
1500+ stores across India
UAE
Singapore
Middle East
Online e-commerce globally
It is valued at over $4.5 billion, becoming one of India’s biggest consumer startups.
Peyush Bansal Net Worth
Peyush Bansal’s estimated net worth is ₹5,000–6,000 Crore.
His wealth comes from:
Lenskart shareholding
Investments
Shark Tank deals
Multiple ventures
He is among India’s richest new-age entrepreneurs.
Peyush Bansal Family
Father: Chartered Accountant
Mother: Homemaker
Wife: Nimisha Bansal
Children: One son
Despite his success, he maintains a grounded and family-oriented lifestyle.
Peyush on Shark Tank India
Peyush became extremely popular through the show Shark Tank India.
He is known for:
Problem-solving mindset
Practical advice
Empathy-driven feedback
Supporting young founders
Strategic investments
His personality earned him massive respect among viewers.
Awards & Achievements
Forbes India 30 Under 30
Entrepreneur of the Year
Lenskart valued as a multi-billion dollar unicorn
Recognized as a top innovator in India’s retail industry
Leadership Style & Principles
Peyush believes in:
Customer-first mindset
Constant innovation
Long-term value creation
Technology-driven solutions
Transparency
Solving real-world problems
These principles made Lenskart one of India’s strongest retail brands.
Why Peyush Bansal Inspires Millions?
Left a prestigious job to build impact in India
Built a massive business from scratch
Revolutionized eyewear industry
Supports new entrepreneurs
Represents new-age Indian innovation
He inspires young Indians to dream big and build meaningful solutions.
Conclusion
Peyush Bansal’s biography is a story of innovation, vision, and problem-solving. From a Microsoft engineer to the CEO of a multi-billion-dollar eyewear empire, his journey proves that the biggest opportunities lie in solving simple problems with better technology. His impact on India’s startup ecosystem continues to grow every year.
