Peyush Bansal, the mastermind behind Lenskart, is a successful Indian businessman and is one of the leading sellers in the eyewear industry. Well, Peyush is a very famous Indian entrepreneur who gained popularity when he judged Shark Tank India, a well-known Television show. If you want to know about him in detail then this blog will surely cater to you in every aspect and expectations of yours. In this biography blog, we will unfold the details regarding him including Peyush Bansal Net Worth, Age, Wife, and more.
Peyush Bansal Biography
Peyush Bansal is indeed an Indian entrepreneur and business executive. He is the co-founder and CEO of Lenskart, a company that has completely transformed the buying of eyewear. This giant optical eyewear retail chain is based in Gurugram. He was pulled towards popularity when he judged Shark Tank India, as one of the most appreciated shows in the country.
He was born on 26 April 1985 to a Hindu Bansal family in New Delhi, India. The day he was born was Friday. He has a Taurus Zodiac Sign as he was born in April Month. He holds Indian citizenship and has an Indian ethnicity as well.
Real Name | Peyush Bansal |
Profession | Businessman & Entrepreneur |
Popular For | Being the Co-Founder & CEO of Lenskart |
Date of Birth | 26 April 1985 (Friday) |
Age | 39 years (as of 2025) |
Birthplace | New Delhi, India |
Religion | Hindu |
Ethnicity | Indian |
Zodiac Sign | Taurus |
Citizenship | Indian |
Hometown | New Delhi, India |
Current Address | New Delhi, India |
Peyush Bansal Age
Peyush is a 39-year-old successful business as of January 2025.
Physical Attributes
Peyush Bansal’s height is 5 feet 8 inches, which equals 173 centimetres. His body weight is around 75 kg. To maintain his body weight, he takes a proper diet for his body that keeps them fit. His body measurements are 42-36-14. His eye colour is Black, and his hair colour is also Black.
Talking about Peyush’s fitness, he likes staying fit, so whenever the time comes his way, he manages to do light exercises and jogging, so that he can keep his health good. Besides that, he also manages his diet routine and always tries to eat only those food items that are of true nature.
Height | 5 feet 8 inches |
Weight | 75 kg |
Body Measurement | 42-36-14 |
Eye Colour | Black |
Hair Colour | Black |
Body Complexion | Fair |
Peyush Bansal Net Worth
Talking about the net worth of the overall Peyush Bansal, it is about $80 million. He is the owner of Lenskart company, through which he has earned popularity selling glasses online. Besides this, he also invested in the employee engagement platform at Feedo and dailyobjects.com, which is a lifestyle brand. The valuation of the company soared to $4.5 Billion which makes Lenskart one of the leading companies in the eyewear industry.
Car Collections
He has several luxury cars such as BMW, Mercedes, Audi, and Land Rover.
Venture Capitalist | Funding Amount |
---|---|
ADIA | Rs.4,100 crore |
DSP Mutual Fund | Rs.320 crore |
Ravi Modi Family Trust | Rs.100 crore |
Avendus Capital, Temasek Holdings | Rs.220 crore |
Alpha Wave Incubation, Epiq Capital | Rs.760 crore |
Alpha Wave Global, Temasek Holdings | Rs.1,650 crore |
SoftBank Vision Fund | Rs.2,255 crore |
Kohlberg Kravis Roberts | Rs.779 crore |
Kedaara Capital | Rs.451 crore |
Early Life and Education
Peyush has graduated from Canada with an electrical engineering degree from McGill University. After this, he began working at Microsoft following his graduation. Apparently, he respects Bill Gates with his heart. Indeed, he had childhood dreams of working for his business. As he was working at Microsoft, concepts developed in him that enhanced his experience. Later in 2007, he decided to leave the job and return to his motherland. Between 2007 and 2009, he served in one of the biggest and most successful organizations in India. Moreover, he was also awarded a management degree from the Indian Institute of Management, Bangalore.
Career Timeline
He had a business itch and that is the reason he quit his highly paid job at Microsoft. Hence, he came in contact with many professionals so that he could begin his company to start companies fulfilling various demands. He started the first website of the project, searchmycamous.com, in January 2008. In the above business venture, he started investing his capital amount of 25 lakh rupees. Then he began reaching out to the students of Delhi University.
Besides that, he also started working while doing his post-graduation. The websites addressed all the problems including housing, internships, part-time jobs, and many more. Well along, he identified the problem that companies were ignoring the optical sector. It certainly motivated him to make extra efforts and address larger issues.
Keeping this in mind, he started Flyrr.com in the United States. There he was highly successful and chose to expand his business and wanted to expand business in India. Therefore, he launched his business in India in 2010. Thus, he began Lenskart along with Amit Chaudhary and Sumeet Kapahi. In the early days, they sold contact lenses on prescription.
After that, they began selling eyeglasses in 2011 and sunglasses as well. He was recently interviewed, so he wants to offer vision correction aid to every individual in India. Second, he wants to do around 15000 eye exams every day. With the brand called Lenskart, they offer eyewear at affordable prices, fashionable, and of high quality. At present, they have an employee more than 6000 thousand. It also expanded operations to over 1400 locations. Its valuation is at $4.5 billion. It was placed on the list of unicorns in 2019.
5 Businesses Piyush Bansal Started Before Lenskart Became Successful
Lenskart
Peyush Bansal one of the co-founders of Lenskart and judge on Shark Tank India. In an episode of the show, he revealed that Lenskart wasn’t his first project.
SearchMyCampus
In December 2007, Peyush Bansal started his business journey by starting a start-up named SearchMyCampus. He funded at a cost of Rs.25,00,000. He started the online portal from his parent’s basement to help college students solve everyday problems related to jobs, accommodation, coaching, books, and transport.
Flyrr
In June 2009, Peyush Bansal started an online eyewear shop selling spectacles, sunglasses, and contact lenses targeting the US market. He soon realized that operations needed internal control over both operations and delivery. This information gave him idea of opening of Lenskart in November 2010.
Watchkar
Peyush Bansal founded Bagskart in August 2011, as another niche portal under Valyoo Technologies. Bagskart dealt with an array of handbags.
JewelsKart
With Lenskart, Watchkart, and Bagskart running, Peyush Bansal also extended his business with JewelsKart in the area of specialization for jewellery.
In fact, despite the phenomenal 200% growth of Lenskart till 2014, Peyush Bansal still had his struggles. Due to poor purchases and financial losses in 2015, he strategically closed down Watchkart, Bagskart, and Jewelskart, which really helped him to focus on Lenskart into the influencer brand it is today.
Peyush Bansal Family (Parents, Wife and Children)
Parents
The name of Peyush’s father is Bal Kishan Bansal and his mother’s name is Kiran Bansal.
Siblings
He has two siblings one brother and one sister. The name of his brother is not known in the public domain but his sister’s name is Neha Bansal.
Wife
He had been dating Nidhi Mittal and got married to her on 12 June 2011. Since then, they have been loving each other passionately which makes their bond strong.
Children
The couple welcomed their son Nivan who lives a very happy life with his family.
Controversies
In one of the episodes of Shark Tank India, he commented to stay away from chartered accountants, or CAs. He did it just in jest but offended some of the viewers, mostly belonging to the CA community. When he realized the potential harm, Peyush was quick to issue an apology that he said in a joke.
Social Media Handles
Social Media Handle | Profile / Followers |
---|---|
@peyushbansal (912k+ followers) | |
@peyushbansal (186.1k+ followers) | |
@peyushbansal (897k+ followers) | |
Wikipedia | Peyush Bansal |
Final Words
To sum up, Peyush Bansal from his early life to his Lenskart journey is a testament to his talent and willpower. There is no doubt that he has worked very hard to make his business popular and prosperous. By knowing the loophole in the eyewear industry, he has been able to reach people’s needs with his inventive attitude. Whether it is his Lenskart business or an integral part of Shark Tank India, he continues to motivate the then generation of industrialists.
Some Lesser Known Facts
- He grew up in a middle-class family in Delhi and became a co-founder and CEO of Lenskart.
- Once he completed his graduation, he started working as a program manager at Microsoft in Washington in 2007. In this company, he worked for around one year, and after that resigned from his position and returned to India.
- He wanted to open his own company in India and for this reason, he started looking for business ideas.
- Apart from Lenskart, he also launched several start-ups including watchkart, bagskart, jewelskart, Flyrr, and SearchMyCampus.
- Lenskart became a unicorn with an asset of $1.5 billion in 2019.
- Bansal loves to travel and watch films in his leisure time.
- The brand ambassador of Lenskart was Katrina Kaif who is a Bollywood actress.
- He was often spotted smoking cigarettes and consuming alcohol on several occasions.
Frequently Asked Questions
Ans: Peyush Bansal is a famous successful Indian businessman. He is the co-founder and CEO of India’s leading eyewear retail company, Lenskart.
Ans: Bansal was born on 26 April 1985, in New Delhi, India.
Ans: Peyush Bansal’s net worth is estimated to be around $80 million as of 2025. His prime source of income comes from his own company, Lenskart.
Ans: Bansal finished his early education at Don Bosco School in Delhi. After that, he did his bachelor’s degree in electrical engineering from McGill University, Canada. Then he pursued his management course at the Indian Institute of Management (IIM) Bangalore.
Ans: He started this company in 2010 with the aim of providing affordable and stylish glasses online.
Ans: Yes, he got popular for his role as a judge on the Indian version of the popular reality show Shark Tank India.
Ans: Yes, he married Nidhi Mittal in 2011, and the couple was blessed with a son.