Peyush Bansal Net Worth: How Rich Is Lenskart Co-Founder?

Peyush Bansal, CEO and co-founder of eyewear chain Lenskart. He gained fame after his appearance in Shark Tank India. His company is worth more than Rs 37,500 crore ($5 billion). He founded Lenskart in 2010 along with Amit Chaudhary and Sumit Kapahi. They initially sold contact lenses online. Within a year, they expanded to selling eyeglasses and contact lenses. Let’s read more about Peyush Bansal’s net worth and his life.

Who is Peyush Bansal?

Peyush Bansal was born on April 26, 1985, in New Delhi, India, to Mr. Bal Kishan Bansal and Mrs. Kiran Bansal. Peyush grew up in a middle-class family. After graduating in 2007, Peyush worked as a program manager at Microsoft in Redmond, Washington. He worked there for about a year, later resigned, and returned to India. In his desire to set up his own business, he started looking for business ideas. 

In 2007, he launched ‘SearchMyCampus’, a campus classified portal that assists college students with accommodation, internships, transportation, books, and part-time jobs. Thereafter, he launched a few more startups that were decently successful.

In 2010, he, along with Amit Chaudhary and Sumeet Kapahi, launched the eyewear company Lenskart. Lenskart became a unicorn in 2019 with its net assets worth $1.5 billion. Lenskart is present in India with 1050+ stores. Along with India, Lenskart also serves Singapore, the United Arab Emirates, and the United States. The company gives jobs to 5000+ employees.

Peyush Bansal Age, Height, Weight

Born on 26 April 1985, Peyush turned 39 years old. He stands 5 feet 7 inches (170 cm). His eye colour is black and his hair colour is black as well.

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Peyush Bansal Education

He did his schooling at Don Bosco School, New Delhi. Then, he earned a degree in electrical engineering from McGill University, Montreal, Canada. He earned a degree in Management Programme for Entrepreneurs and Family Businesses (MPEFB) from the Indian Institute of Management (IIM), Bangalore, India. 

Peyush Bansal Family

Peyush Bansal was born into a middle-class family. His father’s name is Mr. Bal Kishan Bansal and his mother’s name is Mrs. Kiran Bansal. He has a sister named Neha Bansal.

Peyush Bansal Relationships

Peyush married Nimisha Bansal. The couple has a son. Any other details about his family and relationships are not available in the public domain.

Peyush Bansal Social media

Peyush Bansal’s Net worth in 2024, Salary, Assets

Peyush Bansal is the co-founder and CEO of the largest eyewear brand in India. He has been an active investor in startups. His estimated net worth is Rs 600 crores (around $73 million).

Peyush Bansal controversies

In 2020, on the Indian business reality show ‘Shark Tank India’, he commented on Chartered Accountants. He said, “Ek advice hai, CA se durr raho.” 

Later Peyush cleared that, “My choice of words and the way it came out was wrong. My intent was not what came out in the show. It was a light-hearted comment made in jest, that has been taken completely out of context.”

Some lesser-known facts about Peyush Bansal 

• Peyush likes to travel and watch films.
• American business magnate Bill Gates is his role model.
• Peyush drinks alcohol occasionally.

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FAQs

What does Peyush Bansal’s wife do?

Nimisha Bansal, wife of Peyush Bansal, is a homemaker.

Who is the CEO of Lenskart?

Peyush Bansal is the CEO of Lenskart.

Is Peyush Bansal a billionaire?

No, He is not a billionaire. Peyush Bansal’s net worth is Rs 600 crores (around $73 million)

How much of Lenskart does Peyush Bansal own?

Peyush Bansal owns 8.21% stakes in Lenskart.