Peyush Bansal is an Indian entrepreneur who is a founder of many businesses and an investor. One of the most famous startups by Piyush, is lenskart.com. It falls in the list of companies with billion-dollar valuations. The valuation of Lenskart is $4.5 billion in 2022. Lenskart is famous for selling eyewear in India. It is the leading e-commerce portal for eyewear in India. Peyush has also been a judge in the Indian television show Shark tank India where Peyush bansal net worth in rupees was stated as Inr 37,500 crores.
Early life
He was born on 26 April 1985 in New Delhi, India. Currently, Peyush is 37 years old. He completed his early schooling at Don Bosco high school in Assam, India. After that, he went to Canada to complete his bachelor’s at McGill University, Canada. After living in Canada for some time, he returned to India and completed his post-graduate from the Indian institute of management, Bangalore. Peyush belongs to the Hindu religion and currently lives in Mumbai, India.
Family
Peyush was born to parents Bal Kishan Bansal and Kiran Bansal. He also has a sister Neha Bansal. Peyush was married on 12 June 2011 to Nidhi Bansal. His wife is a journalist with up to 7 years of experience in digital and Television Journalism. Currently, Nidhi Mittal works as a copy editor at the financial express.
When did he start this business?
Peyush was always an enthusiast. Initially, he worked as a programmer at Microsoft, a very well-paying job. As he always wanted to try new things, he started a website with the name Lenskart in November 2010, with a vision to sell eyewear in India. He noticed that there was a gap in the market that hadn’t been recognized yet and went on to fill this gap.
Other Businesses by Peyush Bansal
He has also started other businesses, which were seachmycampus.com and Vayloo technologies. Both businesses are tech experts in the sale of glasses in America. They also sell glasses through their websites.
Lenskart Structure
Lenskart is a large private company with over 1050 stores all over India and with a vision to sell high-quality glasses to every Indian without shelling out their pockets. Their website is lenskart.com, from where you can purchase glasses. This website has many functions which help you choose the best frame. Currently, Lenskart has over 5000 employees who work in their different stores.
Television Career
Peyush does not appear in other brands’ advertisements because he himself has a brand and promotes it wherever possible. However, he has appeared in an Indian television show called shark tank.
Shark tank is a show on the tv channel sony entertainment; it started in December 2021 and ended in February 2022. In total, it had 35 episodes. It was the first ever Indian business reality show in which new entrepreneurs present their innovative business ideas and ask for funding from the investors, and in return, they provide a stake in their company to the shareholders. It included Peyush and five other investors.
Appearance
Peyush is tall and broad, his height is 6 feet, and his weight is 78 kilograms. Body measurements of Peyush are as follows,
Chest size: 46 inches
Waist: 36 inches
Biceps: 14 inches
Peyush’s eyes and hair color are black, and his hobbies are traveling and reading.
Peyush Bansal net worth in rupees 2021
Source: dmerharyana.org
When he appeared in the shark tank show, it was recorded that the total net worth of Peyush Bansal in 2021 was Indian rupees 37,500 crores. Peyush Bansal net worth in rupees currently is INR 40,000 crores, and the valuation of his company is $4.5 billion. This valuation was found in July 2022.
Social media
Peyush is not much active on social media. The reason might that he isn’t involved in any brand endorsements. The social media accounts we found of him are,
Twitter: Peyush Bansal
Instagram: Peyush Bansal
Linkedin: Peyush Bansal
Frequently asked questions (FAQs)
Q1) Is Peyush Bansal a single owner of this company?
Peyush Bansal is the founder and chief executive officer of this company. He started this company with his two friends, Amit Chaudhary and Sumeet Kopahi, in November 2010. Currently, Peyush and his two friends aren’t the only owners of this company; some people have invested in Lenskart. The primary holders of this company currently are Softbank with 20.12% of equity, Premji investors with 11.15%, TR capital with 8.28%, Unilazer with 6.6%, and international finance corporation with 5.36%. Steadview with 5.32%, and the other 17.2% lies with different small investors.
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