Here, we’ll talk about Peyush Bansal’s Age, Biography, Education, Net Worth, Company, Age, Family, and Wife name of Lenskart Owner. Learn more by reading the article. Peyush Bansal, who abandoned his job in America and unexpectedly arrived in India to create a well-known eyeglasses firm, experienced an intense roller coaster journey. The co-founder and CEO of Lenskart, who has an IIM Bangalore degree and formerly worked for Microsoft, now ranks among India’s most successful businessmen. With the reality series Shark Tank India, he has become well-known since turning became an investor.
Peyush Bansal Biography
Peyush Bansal Life – Peyush Bansal was born in Delhi, India, and spent his first three years of education at Don Bosco School (Greater Kailash-II, New Delhi). He went to McGill University in Canada to study electrical engineering. Bansal has a diploma in entrepreneurship from the Indian Institute of Management Bangalore as well.
His Career – Peyush Bansal founded Lenskart and took the position of CEO in 2007. Before becoming the CEO of Lenskart, he was a programmer for Microsoft. He also founded Valyoo Technologies and Searchmycampus.com. These two technologies are pros of selling glasses online in the US.
Peyush Bansal’s Net Worth
Peyush Bansal Startup Struggle – From 2007 to 2009, after moving back to India, he created multiple firms and graduated from the Indian Institute of Management Bangalore with a management diploma in entrepreneurship. His Search My Campus and other startups failed, but the main breakthrough came with Lenskart in 2010.
Bansal has a net worth of $1,3 billion. The most recent information indicates that his company’s market cap topped $10 billion. With Peyush, your investments are in capable hands. Among his accomplishments is receiving the Red Herring Top 100 Asia Award in 2013.
Peyush Bansal Investments
His investments totaled $ 700,000 as of Feedo in August 2020. One of his investments was in DailyObjects.
Celeb Name | Peyush Bansal |
Profession | Entrepreneur |
Position | Lenskart Co-Founder / CEO |
Birth Date | April 26, 1985 |
Birth Place | New Delhi, India |
Marital Status | Married |
Age | 37 years ( in 2023 ) |
Height | 5 Feet 7 inches |
Zodiac Sign | Taurus |
Nationality | Indian |
Peyush Bansal Company
In 2010, Peyush Bansal and Amit Chaudhary started Lenskart, an online retailer of contact lenses in Delhi and the National Capital Region. In 2011, it also began selling sunglasses and eyewear.
With its success, Lenskart has become recognized as one of the leading eyewear brands.
A second investor in the business was the Japanese multinational firm SoftBank. The startup’s second Vision Fund provided it with about $275 million. Also, this was the Masayoshi Son group’s first investment from the “Vision Fund-II” in India.
At the moment, Lenskart is worth about $2.5 billion.
Peyush Bansal Family
The man’s wife is Nimisha Bansal. He is Kiran Bansal’s son. He has an older sibling as well.
Presented and Appreciated
- Red Herring recognized the company as one of the top 100 in Asia for 2012
- She was voted Emerging Entrepreneur of the Year by the Indian E-tail Awards in 2012, and Peyush Bansal was named one of India’s Top Business Leaders under 40 by the Economic Times.
Peyush Bansal Profession
After starting the business, Peeyush Bansal assumed the position of CEO. Before becoming the CEO of Lenskart, he was a programmer for Microsoft. Moreover, Searchmycampus.com and Valyoo Applied Sciences were founded by Peeyush. In the US, two technologies were applied to online eyeglass sales.
Peyush Bansal Facts
Delhi, India, originally Bansal was born in Delhi, a major megacity. Its varied unique characteristics are not surprising as a result. Although being a union territory, Delhi has several characteristics in common with an Indian state, as seen by its own legislative and judicial branches. Furthermore, due to the sheer magnitude of its colossal strength, its urban area is not confined to its borders but also includes a large number of its neighboring cities.
Bansal attended an Indian institution for his first education before graduating from McGill University. He went to McGill University in Montreal, which is in Canada’s province of Quebec. To those outside of Quebec, it is recognized as a Francophone province. MontrĂ©al is a unique city since a relatively large percentage of its residents speak both English and French fluently. Although English is the principal language of instruction at McGill University, students are permitted to write in French for the majority of their courses.
Electrical engineering education – When a student of electrical engineering at the university, he studied the subjects of electricity, electronics, and electromagnetism. In order to make it more practical, it has been further separated into a number of fields, including electrical engineering and computer engineering. Because it was developed in the 19th century, a time when telephones, electric telegraphs, and electric power were being more widely used, electrical engineering is older than most people realize.
Peyush Bansal From Shark Tank
Bansal studied entrepreneurship at the Indian Institute of Management in Bangalore. He seemed to have chosen a pretty logical choice in this situation. Because it requires a variety of talents, managing a business is challenging. But running a start-up as an entrepreneur may be extremely difficult because even a small error can have negative long-term effects on start-chances. up’s
Bansal was a program manager who had previously worked for Microsoft. He decided to start his own business, demonstrating that this wasn’t enough for him. Based on his recent efforts, Bansal is one of the success stories.
Lenskart was not his first venture. Before Lenskart, he established a number of startups. He has founded other businesses in the eyewear industry in addition to this one. Bansal founded Valyoo Technologies, a company that specializes in selling eyewear online in the US, in 2008. Bansal put his prior business acumen to use, which likely helped to Lenskart’s present success.
About More on Peyush Bansal Company
A mixed business model underlies it. Bansal operates a hybrid click-and-mortar company. This basically means that they conduct business both online and offline. Businesses can access a larger market thanks to these operations. Their implementation is more difficult, though. This decision should not come as a surprise because there are still large populations of Indians who do not have access to the Internet or only have limited access. It would be fascinating to watch how Lenskart’s business develops going forward as India keeps up its significant efforts to increase Internet accessibility for Indian citizens.
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