Peyush Bansal holds a significant position as the co-founder and current CEO of Lenskart, an Indian optics company that has revolutionized the way the general public purchases eyewear. In addition to being a top-tier businessman, Peyush is also a shark in Shark Tank India, a business reality show. His life story is all about vision, determination, and the constant desire to cater to the general public, which is what made him so successful.
This article will extensively cover details about Peyush Bansal age, net worth, personal life, and journey towards being the co-founder of Lenskart and judge of Shark Tank India.
Peyush Bansal Biography
Peyush Bansal is an entrepreneur, businessman, and angel investor hailing from New Delhi. Despite his age of 40, Bansal holds a prominent position as the CEO and co-founder of Lenskart, an Indian multinational company. In addition to this, he is also a ‘shark’ and an investor in Shark Tank India. He has inspired several young entrepreneurs to come forth with their business ideas.
Peyush Bansal Age, Height and Physical Appearance
Born on 26th April 1985, Peyush Bansal age is 40 years as of 2025. His sign is Taurus. Although he is just 40, he has proved that age is simply a number and nothing beyond reaching unimaginable heights of success. With a height of 5 ft 7 inches, he weighs 70 kg. He has black hair with black eyes and wears glasses.
Early Life
Hailing from New Delhi, Peyush was born and raised in a Hindu Bansal family, his father is Bal Kishan Bansal and his mother is Kiran Bansal. He has a younger sister named Neha Bansal with whom he shares a very special and close bond. In terms of family life, his parents were rather supportive and encouraged him to follow his dreams and aspirations. Neha, his sister, also shares the same entrepreneurial spirit as Peyush, and this is one of the reasons why their bond is so unbreakable. The strong family bond shared by the Bansal family has played a massive role in helping Peyush achieve his dreams.
Peyush Bansal Education
In terms of education, Peyush attended Don Bosco School, where he realized that he had a keen passion for learning and understanding the unknown. After completing his schooling, Peyush decided to study abroad and thus shifted to Canada and enrolled in McGill University in Montreal in 2002.
While studying and pursuing his bachelor’s degree in electrical engineering and specializing in IT, control, and automation, he realized that he was yearning to start his own business. His deep level of knowledge and understanding of machines and engineering helped him delve deeper into his actual passion.
However, he realized that he needed to get in-depth knowledge about running and managing a business as an entrepreneur, so he returned to India and enrolled himself in the premiere Indian Institute of Management (IIM), Bangalore, which ranks as one of the top business schools in the country.
Peyush’s high level of education helped create a sense of confidence that pushed him towards taking the first steps in entrepreneurship.
Personal Life
Although not much is known about Peyush’s personal life because he chooses to keep it private and away from the spotlight, we do know that he is married to Nimisha Bansal and has a son with her. Despite his busy schedule as a businessman, Peyush makes enough time for his family and is quite connected and close to them.
Peyush Bansal Professional Career
Shortly after completing his studies, Peyush decided to start his career by working for Microsoft in the United States as a program manager. Although he had a plump job at a top-notch company, Peyush always felt something else his true calling—he wanted to return to India and create something of his very own.
Business Career
In 2007, he returned to India, and with dedication and time he managed a few startups, including SearchMyCampus.com, which was primarily designed to help college students find a job. This venture, however, did not take off well in the market.
In 2009, Peyush tried his hand at another venture named ‘Flyer’, which did indeed find initial success, but later on, this success was short-lived and it fizzled out. He scrapped the business venture in November 2010.
Lenskart
Amit Chaudhary and Sumeet Kapahi launched a revolutionary company in 2010, which significantly improved Peyush Bansal’s situation. Amit and Sumeet’s idea to launch Lenskart was simple yet powerful; they aimed to provide high-quality eyewear at affordable prices. At that time, offline retail was the only option for eyewear, so their concept, primarily designed for online retailing of high-quality eyewear at affordable prices, was relatively new. However, the founders took the risk, and Lenskart successfully launched.
Under Peyush’s direct leadership and in collaboration with Amit Chaudhary, Lenskart started to flourish. It did take several years for the company to become a cornerstone brand for eyewear, but it did happen eventually, and after years, Lenskart has come to the top as a household name that provides not only eyeglasses but also contact lenses and sunglasses at the most reasonable prices.
The main thing that made Lenskart stand out with a unique perspective was the way technology was capitalized. Initially, the company had introduced a 3D try-on feature that allowed customers from across the country to try out different models and shapes of glasses from the comfort of their homes—as if they were at the physical store. This was a big leap in terms of technology because it wasn’t so widely used back then. Besides the 3D technology try-on feature, the company also provided free home eye-checkups, thereby simplifying eye care and making it more affordable.
Shark Tank India
In addition to being a successful businessman and CEO at Lenskart, Peyush has also become a very familiar face for appearing as a judge or ‘Shark’ on Shark Tank India, which is primarily a business reality show.
As a shark, Peyush has invested in several viable business plans and has also offered valuable advice to aspiring and budding entrepreneurs. What makes him stand out amongst the other ‘Sharks’ on the show is that he is quite straightforward and offers insightful advice, which has certainly helped him earn respect in the Indian startup community whilst also inspiring young entrepreneurs to chase their dreams.
Other Ventures
In addition to being the co-founder of Lenskart and being a judge on Shark Tank, Peyush has also started other ventures with similar names like WatchKart, JewelsKart, and BagsKart.
Investments in Shark Tank India
Known for his immense funding, Peyush Bansal is a ‘shark’ in Shark Tank India and he has invested in several companies such as Solo.
His biggest and highest investment was made when he invested in the luxury lifestyle brand NOOE wherein he put down INR 5 crores for the startup and also acquired a 51% stake in the company.
In addition to this, Peyush invested in other startups such as:
- Kryzen Biotech (Startup for Hyrdonic farming) wherein he invested INR 75 lakhs for a 15% equity stake.
- Polish Me Pretty (A brand for nail art) wherein he invested INR 25 lakhs in exchange for a 25% equity stake.
- WeHear (Hearing solution-based startup) where he invested INR 2.5 crores for 1% equity with an additional 1.5% advisory equity.
- Lil’Goodness (Pro-biotic chocolates startup) wherein Peyush invested INR 50 lakhs in exchange for 1% equity.
Social Media
Peyush is active on Instagram, and his handle is ‘peyushbansal’ with a following of 912K. He likes to stay updated with the trends on social media.
| 916K+ Followers | @peyushbansal |
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Peyush Bansal Net Worth
Thanks to his efforts and dedication to the business industry, Peyush has amassed incredible wealth. As of 2024, Peyush Bansal net worth is estimated to be approx. $75 million, which equals INR 600 crores. His massive net worth comes from his contributions to Lenskart and for appearing as a judge in Shark Tank India.
Controversies
Although Peyush is a respected judge in Shark Tank India, this does not mean that he was free from controversies. During one of the episodes of the reality show, Peyush made a snide remark about Chartered Accountants, which was meant to be a joke but it upset some viewers, especially those in the CA community, aspiring students, and members of ICAI. He had told the entrepreneurs to ‘ stay away from chartered accountants,’ and after realizing the impact of his comment, Peyush was quick to apologize and mention that it was meant to be a lighthearted joke.
Interesting Facts about Peyush Bansal
- The success of Lenskart was able to successfully fund many of Peyush’s other startup ventures, including John Jacobs in 2015, LensKart Plus in 2020, and Lenskart Vision Fund in 2020.
- In 2019, Lenskart took up the status of a unicorn company with net assets valued at $1.5 billion.
- As of 2022, under Peyush’s leadership, Lenskart has managed to open 600 retail stores with over 4000 employees and cater to 450 cities in the country.
- In his free time and when he is not working, Peyush prefers to travel with his family and close friends.
- His role model is American businessman Bill Gates.
- Interestingly, Katrina Kaif is the brand ambassador of Lenskart.
- Peyush has been seen consuming alcohol on various occasions
Conclusion
Peyush Bansal has successfully managed to offer solutions via technology to cater to the general public, and this has revolutionized how Indians buy eyewear in general. After years of providing exceptional service to Indian customers, Peyush has led Lenskart to unprecedented success, serving millions of customers and aiming to surpass previous records each year. In today’s times, Peyush Bansal is a visionary idol that inspires several young budding entrepreneurs across the country. Because of his vision, dedication and constant efforts, it is safe to say that Peyush is a pioneer for startups and despite the struggles faced by him, he has managed to come out successful and how!
FAQs
Ans. Peyush Bansal age is 40 years as of 2025.
Ans. Lenskart is co-owned by Amit Chaudhary and Peyush Bansal.
Ans. Peyush Bansal net worth is approx. INR 600 crores.
Ans. Yes, Peyush Bansal lives in Delhi with his family.
Ans. Yes, Peyush is married.
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