Peyush Bansal

Peyush Bansal – Lenskart Founder & Shark Tank India Judge
Peyush Bansal

About

Date of Birth26 April 1985
PlaceDelhi, India
EducationB.Tech in Computer Science from IIT Delhi
SpouseNidhi Mittal
Net Worth$80 million (approximately ₹600 crore)

Background

In 2010, the online eyewear company Lenskart was co-founded by Indian businessman Peyush Bansal. After earning a degree in computer science from IIT Delhi, he gained important knowledge in technology and e-commerce while working at Microsoft and then Zappos. He co-founded Lenskart in 2010 with the goal of supplying fashionable, reasonably priced eyewear. By introducing online and offline options, such as virtual try-ons and at-home eye tests, he revolutionised the market. Peyush is a well-known investor on Shark Tank India, where he helps start-ups in a variety of industries. He is a significant player in India’s startup scene as a result of his business success.

Career

Peyush Bansal started his work with a strong academic background after graduating from IIT Delhi with a degree in computer science. He was exposed to the computer industry while working at Microsoft in the US after finishing his studies. His enthusiasm in e-commerce was further stoked when he later joined the online shop Zappos. Peyush was a co-founder of Lenskart, an online retailer that revolutionised the eyewear market in 2010 by providing reasonably priced glasses and an Omni channel buying experience.

The success of Lenskart was a result of its creative use of technology, including home eye examinations and virtual try-ons, as well as its hybrid online and offline business strategy. In addition to his success as an entrepreneur, Peyush has gained recognition as an investor on Shark Tank India, where he coaches and finances up-and-coming businesses in a variety of sector.

Appearance

  • The business reality show Shark Tank India had Peyush Bansal as one of its main investors/judges.
  • He was a guest on The Kapil Sharma Show along with other judges of Shark Tank India in 2023.
  • He usually posts about personal life, Shark Tank India, and Lenskart updates on Instagram.

Profession

Peyush is a successful investor and businessman. He is most recognised for being a co-founder of Lenskart, an online eyeglasses company that has completely transformed the Indian eyewear market by offering reasonably priced, superior spectacles along with a creative fusion of online and offline services. He has developed expertise in e-commerce, technology, and customer experience, and his job focusses on starting and growing enterprises. Apart from his position at Lenskart, Peyush is a well-known investor on Shark Tank India, where he guides and funds innovative businesses, especially those in the technology and consumer-focused sectors. He is actively involved in the Indian startup ecosystem and mixes investing and entrepreneurship in his line of work.

Road to Success
The tale of Peyush Bansal’s success is one of perseverance, ingenuity, and foresight. He began his career with Microsoft in the US after earning his B. Tech in computer science from IIT Delhi, where he acquired useful managerial and technical skills. Driven by his passion of entrepreneurship, he went back to India to look into business prospects. He co-founded Lenskart in 2010 with the goal of lowering the cost of high-quality eyewear so that everyone could afford it.

Lenskart upended the Indian eyeglass market with its unrelenting innovation, including home eye tests and virtual try-ons, as well as its hybrid online-offline business strategy. Under his direction, Lenskart gained international recognition and grew, attracting funding from significant firms such as SoftBank. Peyush is now a respected Shark Tank investor as well.

  • Graduate of IIT Delhi: Computer Science degree.
  • Microsoft alums have experience in the US tech sector.
  • Lenskart was founded in 2010 with the goal of upending the eyeglass industry.
  • Pioneered home eye examinations and virtual try-ons.
  • Global Expansion: With backing from SoftBank, Lenskart expanded.
  • An important player on Shark Tank India is the Shark Tank Investor.
  • Startup Mentor: Proactively encourages and finances creative companies.
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