Peyush Bansal

Peyush Bansal
Bansal in 2013
Born (1985-04-26) 26 April 1985 (age 39)
New Delhi, India
NationalityIndian
Education
Occupations
Organization(s)Lenskart (Chairman, MD & CEO)
TelevisionShark Tank India (2021–present)
SpouseNidhi Mittal[1]
Children1

Peyush Bansal (born 26 April 1985) is an Indian entrepreneur, business executive and angel investor.[2] He is the co-founder and CEO of Lenskart, an Indian multinational eyewear retail chain, based in Gurugram. He is also a "shark" at the show Shark Tank India.[3][4]

Early life and education

He was born into the Hindu Bansal family of Bal Kishan and Kiran Bansal.[5] He went to the United States for a job at Microsoft but later quit to start his own business. Then he started a new venture, selling eyewear online in the USA. He studied at McGill University in Montreal, Canada.[6]

Career

In 2007, he came back to India and started SearchMyCampus.com, a classifieds website for college students.[7] As the website reached 20 employees, in June 2008, he registered a company called Valyoo Technologies in his parents' house in Greater Kailash, Delhi.[8] In 2009, he started another online venture named Flyrr, which was scrapped in November 2010.[9]

In 2010, under Valyoo Technologies, he began an eyewear retail website named Lenskart along with co-founder Amit Chaudhary.[10] In 2011, they were joined by Sumeet Kapahi, who was working for another eyewear brand.[11][12] After Lenskart, he started three more e-commerce ventures under Valyoo Technologies called WatchKart, JewelsKart and BagsKart, but shut down the latter three to focus on eyewear.[13][14][15]

Television

Bansal is one of the major investors/judges on the business reality show Shark Tank India.

In 2022, Bansal along with the other Shark Tank India judges appeared as a VIP contestant in Kaun Banega Crorepati.[16] He also appeared as a guest on The Kapil Sharma Show together with other Shark Tank India judges.[17][18]

References

  1. ^ "Peyush Bansal wife", The Times of India
  2. ^ "Shark Tank India's Jugadu Kamlesh shows his upgraded product model to investor Peyush Bansal; shares 'First year revenue target is Rs 5 crore'". The Times of India. ISSN 0971-8257. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
  3. ^ "Shark Tank India 2's Peyush Bansal recalls a heart-wrenching story: 'My father decided to give his extra oxygen cylinder during COVID, risking his life'". The Times of India. ISSN 0971-8257. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
  4. ^ "Peyush Bansal Biography: Everything about Co-Founder and CEO of Lenskart who is investor in Shark Tank India". Jagran TV. Archived from the original on 9 March 2023. Retrieved 9 March 2023.
  5. ^ "Shark Tank India's Peyush Bansal's luxurious lifestyle: A look at his Rs 600 crore net worth & expensive things he owns". Financialexpress. 25 February 2023. Archived from the original on 30 May 2023. Retrieved 30 May 2023.
  6. ^ Poduwal, Sunanda (6 November 2011). "Peyush Bansal, founder of Lenskart in India, selling eyewear talks about his business journey". The Economic Times. ISSN 0013-0389. Archived from the original on 10 March 2023. Retrieved 10 March 2023.
  7. ^ "5 Companies Peyush Bansal Started Before Lenskart Became Big". ScoopWhoop. 3 February 2022. Archived from the original on 10 March 2023. Retrieved 10 March 2023.
  8. ^ "A website for students: How Peyush Bansal become a successful entrepreneur". The Economic Times. 30 January 2012. Retrieved 21 January 2025.
  9. ^ "Adjust Focus: How Peyush Bansal Built Lenskart Into A Profitable Unicorn". Forbes India. Archived from the original on 15 January 2023. Retrieved 10 March 2023.
  10. ^ Sarkar, Ranju (22 May 2016). "Lenskart: Growing a category by improving access". www.business-standard.com. Archived from the original on 10 March 2023. Retrieved 10 March 2023.
  11. ^ "Lenskart Success Story: Journey Of Peyush Bansal". 22 June 2022. Archived from the original on 10 March 2023. Retrieved 10 March 2023.
  12. ^ ""It was about picking up each problem, and solving them"". www.fortuneindia.com. 2 October 2021. Archived from the original on 10 March 2023. Retrieved 10 March 2023.
  13. ^ "5 Companies Peyush Bansal Started Before Lenskart Became Big". ScoopWhoop. 3 February 2022. Archived from the original on 10 March 2023. Retrieved 10 March 2023.
  14. ^ Choudhury, Saheli Roy (23 July 2021). "Indian eyewear start-up Lenskart plans to go public in the next three years, CEO says". CNBC. Retrieved 10 March 2023.
  15. ^ "Valyoo Technologies eyes over five-fold jump in sales". The Economic Times. 3 January 2012. Retrieved 21 January 2025.
  16. ^ "Kaun Banega Crorepati 14: Aman Gupta, Peyush Bansal of Shark Tank India reveal they are followed by people all around and get pitches at unusual places". The Times of India. 28 December 2022. ISSN 0971-8257. Archived from the original on 19 January 2024. Retrieved 19 January 2024.
  17. ^ "7 Best Moments Of Shark Tank India Judges' Kapil Sharma Show Appearance". IndiaTimes. 1 February 2022. Archived from the original on 19 January 2024. Retrieved 19 January 2024.
  18. ^ "The Kapil Sharma Show: Sharks Anupam Mittal and Amit Jain shake a leg with Kiku Sharda as Gudiya; watch". The Times of India. 31 January 2023. ISSN 0971-8257. Archived from the original on 19 January 2024. Retrieved 19 January 2024.