Peyush Bansal is the founder and CEO of Lenskart, an online retailer based in India. From a studious academic student to the founder of a billion-dollar eyeglasses company, he has come a long way.
On April 26, 1985, Peyush Bansal was born in New Delhi, India. The father of Peyush was a Chartered Accountant. His parents were always there for him. He has dark skin and a great personality. He attended Delhi’s Don Bosco School. He studied for IIT after finishing his schooling. However, he did not make it. Then he opted to pursue an engineering degree at a foreign institution, and after much hard work and effort, he was accepted into McGill University in Canada.
He completed a Bachelor’s program in Electrical-IT, Control, and Automation. He completed his studies there from 2002 through 2006. When he was studying, he worked part-time as a receptionist, which sparked his interest in computers and programming.
Peyush is currently one of the Judges in sharks the reality show Shark Tank India, which airs on Sony TV. He is one of the country’s passionate entrepreneurs, with a calm disposition, sharp intellect, and strategic vision, who has led his firm to new heights in a short period. He has acquired a lot of recognition and attention due to his appearance on the reality program.
He began his career as a Program Manager at Microsoft in the United States after finishing his education at McGill University, where he worked for almost a year. He also graduated from IIM Bangalore with a master’s degree in business administration.
After quitting his job in 2008, he moved to India. Even though he had a company plan and no prior expertise, he started a new firm using the money he had saved from his former employment. He founded a firm in December 2007 that is essentially an internet platform for college students to handle concerns such as housing, coaching, employment, transportation, books, and so on. After that, he created Valyoo Technologies Pvt Limited, which is today known as Lenskart, with his buddies.
Before becoming the CEO of Lenskart, he worked as a programmer for Microsoft. Peyush Bansal and Amit Chaudhary founded Lenskart in the Delhi NCR region in 2010. The business began through internet sales of contact lenses. The business of eyeglasses and sunglasses was also launched in 2011. The fact that Lenskart is now one of the most popular reading eyewear brands is a testament to its success.
With its success, Lenskart has positioned itself as one of the leading eyewear businesses. SoftBank, a Japanese multinational business, is also a shareholder. From its second Vision Fund, the business collected around $275 million. Masayoshi Son’s group’s first investment in India from the ‘Vision Fund-II.’ Lenskart is currently valued at over $ 2.5 billion.
His wife is Nimisha Bansal. As Lenskart’s founding wife, she has also played a prominent part in the company’s growth.
Net Worth of Peyush Bansal
His net worth is believed to be $ 80 million (approximate).
|5 feet 7 inches