Peyush Bansal Lenskart Co-Founder Net Worth: Bio, Family, Career, Assets And More
Peyush Bansal, the CEO and co-founder of Lenskart, an eyewear chain, rose to prominence following his appearance on Shark Tank India. With a valuation surpassing Rs 37,500 crore ($5 billion), his company, founded in 2010 alongside Amit Chaudhary and Sumit Kapahi, initially focused on online sales of contact lenses. Within a year, they expanded their offerings to include eyeglasses as well.
Early Life and Career
Born on April 26, 1985, in New Delhi, India, Peyush Bansal hails from a middle-class family, the son of Mr. Bal Kishan Bansal and Mrs. Kiran Bansal. After completing his education, including a stint as a program manager at Microsoft in Redmond, Washington, Peyush returned to India with aspirations of entrepreneurship. In 2007, he launched ‘SearchMyCampus,’ a campus classified portal, followed by several other successful startups.
| Bio/Wiki | |
| Name | Peyush Bansal |
| Age | 39 years |
| Birth date | 26 April 1985 |
| Birth place | New Delhi, India |
| Ethnicity | Brown |
| Nationality | Indian |
| Religion | Hindu |
| Known for | Shark Tank India, Lenskart |
| Profession | CEO of Lenskart |
| Peyush Bansal’s net worth 2024 | INR: 600 crores ($73 million) |
The Lenskart Journey
In 2010, Peyush Bansal, along with Amit Chaudhary and Sumeet Kapahi, embarked on their eyewear venture, Lenskart. By 2019, Lenskart had achieved unicorn status with net assets valued at $1.5 billion. Operating over 1050 stores in India and extending services to Singapore, the United Arab Emirates, and the United States, Lenskart employs over 5000 individuals.
Personal Details
At 39 years old and standing at 5 feet 7 inches (170 cm), Peyush Bansal attended Don Bosco School in New Delhi before earning a degree in electrical engineering from McGill University in Montreal, Canada. He furthered his education with a Management Programme for Entrepreneurs and Family Businesses (MPEFB) from the Indian Institute of Management (IIM) in Bangalore, India. Coming from a middle-class background, Peyush is the son of Mr. Bal Kishan Bansal and Mrs. Kiran Bansal, and has a sister named Neha Bansal.
| Education | |
| School | Don Bosco School, New Delhi |
| College | McGill University, Montreal, CanadaIndian Institute of Management (IIM), Bangalore, India |
| Qualifications | Degree in electrical Engineering Management Programme for Entrepreneurs and Family Businesses (MPEFB) |
Family and Relationships
Peyush Bansal is married to Nimisha Bansal, and together they have a son. However, additional information about his family and personal relationships has not been publicly disclosed.
| Family | |
| Mother | Mrs. Kiran Bansal |
| Father | Mr. Bal Kishan Bansal |
| Sister | Neha Bansal |
| Marital status | Married |
| Wife | Nimisha Bansal |
| Child | A son |
| Girlfriend | N/A |
Peyush Bansal Net Worth
As the co-founder and CEO of Lenskart, India’s leading eyewear brand, Peyush Bansal has also been an active investor in startups. His estimated net worth in 2024 stands at Rs 600 crores (approximately $73 million).
Peyush Bansal controversies
In 2020, during his appearance on the Indian business reality show ‘Shark Tank India’, Peyush Bansal made a controversial remark about Chartered Accountants, advising, “Stay away from CAs.”
Following the backlash, Peyush clarified, stating, “The choice of my words and the manner in which they were delivered were incorrect. My intention was not reflected accurately on the show. It was a lighthearted comment made in jest, which unfortunately was taken out of context.”
Some lesser-known details about Peyush Bansal:
- Peyush enjoys traveling and watching films.
- He considers American business magnate Bill Gates as his role model.
- Occasionally, Peyush indulges in alcohol consumption.
