| Name | Peyush Bansal |
| Born | April 26, 1985 |
| Nationality | India |
| Age | 37 |
| Net Worth | Rs.600 |
| Business | Lenskart |
| Spouse | Nidhi Mittal |
| Children | Evan (Son) |
If we’re speaking about modern-day unicorn startups, we can’t overlook Lenskart. Lenskart is a well-known nationwide eyewear model established by Peyush Bansal.
We don’t see an organization like Lenskart each day. It is astonishing and galvanizing realizing how Peyush Bansal made it attainable to type this model.
So, how did one of many ex-Microsoft staff set up, develop and develop such a giant startup? Well, that curiosity will take you on a journey into the lifetime of Peyush Bansal.
Go by this text to find out about Peyush and his unimaginable journey that made India put on branded eyeglasses.
Contents
Who Is Peyush Bansal?
Peyush Bansal is among the entrepreneurs who participated within the Shark Tank India TV present working on Sony TV. He is the founding father of the eye-wear model named Lenskart. He can also be the CEO and the People Officer at Lenskart.
Aside from Lenskart, Peyush additionally runs different companies, however Lenskart is the place he finds his ardour for constructing. The firm has opened greater than 1000 shops in numerous areas in India and is valued at INR 37500 crores, as revealed within the Kapil Sharma Show.
Before beginning this model, Peyush was working a secure job at Microsoft. But he discovered his ardour and adopted it to realize the multi-crore rupee enterprise he has erected at this time. His effort made Lenskart probably the most profitable and fastest-growing companies in India.
Early Life & Education
Similar to his fellow Shark Tank decide Aman Gupta, Peyush Bansal can also be from Delhi, and he was born on April 26, 1985. Born and raised in a middle-class family in New Delhi, Peyush had a average life rising up. He belonged to a middle-class Delhi family and studied at Don Bosco School Delhi.
Peyush is an instance of an IIT failure who made one thing out of his life. He couldn’t get by IIT. But that didn’t cease Peyush. He then took his shot at learning engineering at a international college; after sufficient arduous work and persistence, he lastly received himself admitted to McGill University, Canada.
He selected the stream of B.Tech in IT, Control, and Automation. Peyush was within the 2002 to 2006 batch at McGill University. Peyush additionally accomplished his MBA from IIM Bangalore. While receiving his college diploma, he was working as a part-time receptionist. During this time, Peyush additionally developed his knack and curiosity in coding.
Following his bachelor’s diploma, Peyush joined Microsoft as Program Manager in Microsoft USA., however that work couldn’t hold him restrained. He solely labored there for a 12 months (from January 2007 until December 2007).
Entrepreneurial Achievements
Peyush left his job at Microsoft and moved again to India in 2008. No, he didn’t have any enterprise concept at the beginning. But he had a ardour for doing one thing in some business. He had just a little quantity saved from his earlier job wage.
He used what little capital he had and began fixing issues. One of his earliest ventures was SearchMyCampus.in, a web-based portal that helped resolve queries of scholars, comparable to – teaching, housing, books, transportation, jobs, and so forth.
Initially, he was exploring completely different concepts, and one among them was named Valyoo Technologies Pvt Limited. This three way partnership along with his mates later was remodeled into the Lenskart of at this time.
Peyush Bansal Lenskart
It solely appears believable to place Peyush’s identify earlier than the model Lenskart as a result of he’s the one who based and expanded it. Lenskart began with information that took Peyush’s consideration (very similar to Elon Musk getting caught in visitors and getting the concept to begin the Boring Company).
According to that information, 40% of the bling persons are from India, and just a few individuals put on eyeglasses. So, he determined to assist all of the Indians (those who wanted them) put on eyeglasses at an inexpensive price. Later he additionally expanded this firm.
All he needed to do was to search out his area of interest within the eye-wear business and supply an answer that matches the purchasers’ wants. In 2010, Peyush Bansal co-founded Lenskart along with his mates Amit Chaudhary and Sumeet Kapahi. While Peyush is the CEO of the corporate, Amit is the COO of the corporate.
Lenskart has reached the height of success and prosperity, from the place it has attracted traders comparable to Ratan Tata and S Gopalakrishnan (from Infosys).
Peyush Bansal’s Net Worth
His net worth reaches an enormous variety of Rs.600 crores. If you’re involved about Peyush Bansal’s fairness in Lenskart, then you can be shocked to know that he has an 8.21% stake within the firm. The IIM graduate additionally received listed among the many Best 40 Under 40 Entrepreneurs in 2019 by Fortune India.
The Shark Tank Judge additionally invested in corporations comparable to AAS Vidyalaya – Anytime Anywhere School, CARRAGREEN, and Ariro Toys.
Personal Life: Peyush Bansal Family
Not an excessive amount of data is accessible about Peyush Bansal’s private life. His father was a constitution accountant. Peyush has a relaxing and humbling persona that pulls individuals nearer to him. He is among the most beloved judges on Shark Tank. Peyush is married to Nidhi Mittal with a child boy named Evan. Peyush has a small family, which he loves wholeheartedly.
Bottom Line
Dreams might be born at anywhere and anywhere. Peyush Bansal is an instance of that. He left a well-established job to pursue a dream he was not but in a position to see when he arrived in India. But he discovered the issue and shared an answer that the entire of India enjoys now. His participation within the Sony TV Shark Tank since season 1 has made the present a jolly one to observe.
Hopefully, you could have discovered the required data you have been on the lookout for on Peyush Bansal. However, if there are any queries, don’t hesitate to tell us.
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