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Peyush Bansal- Successful Story Of The Lenskart CEO!

Published

3 years ago

December 15, 2022

Peyush Bansal- Successful Story Of The Lenskart CEO!

When it comes to successful unicorn start-ups today, Lenskart is one of the best examples. Peyush Bansal, a former Microsoft employee, is the man behind this start-unique up’s concept. Peyush Bansal is the founder and CEO of Lenskart, India’s fastest-growing eyewear company.

In 2022, Peyush was one of the sharks (judges) on Sony TV’s reality show Shark Tank India. His path to success begins as an academic student and ends as the founder of a billion-dollar eyewear company. He is one of the country’s passionate entrepreneurs, having taken his company to new heights in a short time, kudos to his calm personality, brilliant mind, and strategic vision. He has gained a lot of popularity and attention as a result of his appearance on reality shows.

Physical Stats

Height: Peyush stands around 5 feet 7 inches or 170 cm.
Weight: His weight is 78 kilograms or 172 pounds.
Eye Colour: Peyush Bansal has mesmerizing black eyes.
Hair Colour: He has black hair.
Birthplace: His birth location is New Delhi, India.
Zodiac Sign: Peyush Bansal’s zodiac sign is Taurus.
Age: Peyush Bansal is 37 years old as he was born on 26^th April 1986.
Qualifications: Peyush Bansal has a degree in Electrical Engineering (2002-2006) from McGill University, Montreal, Canada. Later, from 2008-2009, he did MPEFB from IIM, Bangalore.

Family

Peyush Bansal shared a home with his parents and two younger siblings. His father, Bal Kishan Bansal, is a small businessman, and his mother, Kiran Bansal is a homemaker. He has a younger sister, Neha Bansal, and one older brother. There is little information available about Peyush’s other family members, such as his mother and siblings. Peyush has been fortunate in that his parents have always supported him in his quest to become an entrepreneur.

He married Nidhi Mittal in 2011. His wife helped him a lot in his business and provided the support and advice he needed. They are the proud parents of a baby boy named Evan. He has a small family that he adores.

Affairs

There are no such reports about his extramarital affairs as of 2022. Peyush Bansal has a wife. He is only committed to his wife, Nidhi Mittal, with whom he has a lovely small family, including a baby boy. He frequently posts pictures of her with her wife and baby. As a result, we don’t believe he’s having any extramarital affairs at the moment.

Education

Peyush Bansal attended Don Bosco School in New Delhi. He prepared for IIT after finishing high school but did not pass. He then decided to study engineering at a foreign university, and after much hard work and effort, he was finally admitted to McGill University in Canada. He was accepted into the Bachelor of Engineering Honours Electrical-IT, Control, and Automation program from 2002 to 2006. While studying, he worked as a part-time receptionist, which sparked his interest in computers and coding.

After finishing his studies at McGill University, he began his career as a Program Manager for a well-known technology company, Microsoft, in the United States. From January 2007 to December 2007, he worked there for nearly a year. He also has a postgraduate diploma in entrepreneurship (MPEFB i.e., Management Programme for entrepreneurs and Family business) from IIM Bangalore.

Controversies

Peyush Bansal has not been involved in any such controversy since establishing Lenskart, but in 2022, while appearing on the Indian business reality TV show “Shark Tank India,” he was involved in a controversy for some of his remarks. He became embroiled in a controversy after making comments about Chartered Accountants on one of the episodes of “Shark Tank India.” Peyush Bansal said on the show while negotiating a deal with the founders of PNT robotics, ‘Ek advice hai, CA se dur raho.’

Following his remarks, a social media trend titled ‘Say No To Lenskart’ gained traction, particularly among CAs. Later, Peyush cleared that he made comments in jest and said, ‘My choice of words and the way it came out was wrong. The show did not convey my intention. It was a lighthearted remark made in jest that was completely taken out of context.’

Tattoos

According to our estimates, Peyush Bansal is unlikely to have any tattoos on his body as of 2022. He has appeared without tattoos in several TV reality shows, media, and photographs.

Profession

Peyush decided to provide eyewear to the people of his country and the world after learning that 40% of the world’s blind are in India and only a small number of people wear glasses. He identified his niche in this industry with the idea of using technology to solve these problems. Lenskart‘s headquarters are located in Faridabad, Delhi NCR. It sells products through more than 500 stores across the country via an e-commerce website. In 2019, the company joined the unicorn club. Lenskart’s current investors include Ratan Tata and S Gopalakrishnan of Infosys. He also appears on a number of reality shows.

Source Of Income

Peyush has a net worth of around USD $ 1.3 billion which he has accumulated from his company Lenskart which is one of the leading eyewear organizations. Additionally, he did some reality shows which made him earn a good amount of income.

Lesser Known Facts About Peyush Bansal

“I believe passion is the most crucial thing,” says Peyush Bansal.
Peyush founded Valyoo Technologies Pvt Limited (Lenskart) in 2010 with his friends Amit Chaudhary and Sumeet Kapahi.
Prior to Lenskart, he worked on an online portal called SeachMyCampus.com, which helped college students with housing and other issues.
Peyush was named one of Fortune India’s “Best 40 Under 40 Entrepreneurs” in 2019.
His company was also honored with the 2014 Marketing Sherpa Email Awards.
Peyush was also honored with the India TV Yuva Awards in 2015.
His interests include traveling, reading, listening to books, writing, and so on. He also enjoys binge-watching suspense thriller shows/web series.

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