Peeyush Bansal, one of the leading Indian entrepreneurs, is the Co-founder and CEO of Lenskart. He became a popular household name after he appeared as a judge at the first Indian business reality TV show Shark Tank India. Peeyush has an estimated net worth of $80 million as of FY2021, according to media reports. His company Lenskart became a unicorn with having net assets of approximately $1.5 billion, according to reports.
Peeyush Bansal was born on April 26, 1985, in Delhi. He completed his schooling at Don Bosco School and pursued his graduation from McGill University in Electrical Engineering from 2002-2006. After that, he pursued MPEFB(Management Programme for Entrepreneurs and Family Business) at the Indian Institute of Management from 2008-2009.
In 2007, Peeyush Bansal started his career as a Program Manager at Microsoft, Washington but left the job within a year and returned back to India. In the same year, he also launched an online portal SearchMyCampus. The purpose of the portal was to connect its users(college students) with various opportunities for their career ahead like internships, part-time jobs, books, transportation, and accommodation facilities. He invested and collaborated with great entrepreneurs but he wanted to achieve something big in life.
In the year 2010, Peeyush along with Amit Chaudhary and Sumeet Kapahi launched Lenskart. The company was started as the online seller for contact lenses but as they expanded and started making high profits it started with selling sunglasses and eyeglasses.
It is one of the fastest-growing eyewear brands in India. The aim behind the foundation of this company was to provide India with easy to access eyewear at an affordable price. They also provide free eye check-up facilities. The brand was started as an online eyewear selling product but now you can get their best quality range both in offline stores and online sites. It has made things simple now to just click on a button sitting at your comfortable place and get your favorite eyewear delivered to you.
The company has 600 retail stores and 4000+ employees in 450 cities spread across the country. The brand curates approximately 1 lakh customers every month which makes it the biggest online eyewear brand, according to reports. Lenskart provides every type of glasses as per your requirements be it fashionable sunshades, contact lenses, or reading glasses it has everything for everyone starting at a low price.
Peeyush has funded several eyewear companies and startups like John Jacobs in 2015, Aqualens in 2019, Lenskart Plus in 2020, and Lenskart vision fund in 2020.
In an interview, when Peeyush was asked what success meant to him, he replied,
It's about breaking your own standards every time and bringing an element of joy in the lives of your customers and employees.
Peeyush Bansal tied the knot with Nimisha Bansal and she is blessed with a boy.
He loves to travel and watch films in his leisure time. He considers Bill Gates as his role model.