Peyush Bansal

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" in 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]

In late 2025, he led Lenskart's IPO, which was a significant event, raising over ₹7,200 crores with strong investor demand.[16]

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.[17] He also appeared as a guest on The Kapil Sharma Show together with other Shark Tank India judges.[18][19]

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, retrieved 2023-03-09^
  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, retrieved 2023-03-09^
  4. Peyush Bansal Biography: Everything about Co-Founder and CEO of Lenskart who is investor in Shark Tank India. Jagran TV, retrieved 2023-03-09^
  5. Shark Tank India's Peyush Bansal's luxurious lifestyle: A look at his Rs 600 crore net worth & expensive things he owns Financialexpress, 2023-02-25, retrieved 2023-05-30^
  6. Sunanda Poduwal. Peyush Bansal, founder of Lenskart in India, selling eyewear talks about his business journey The Economic Times, 2011-11-06, retrieved 2023-03-10^
  7. 5 Companies Peyush Bansal Started Before Lenskart Became Big ScoopWhoop, 2022-02-03, retrieved 2023-03-10^
  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, retrieved 2023-03-10^
  10. Ranju Sarkar. Lenskart: Growing a category by improving access www.business-standard.com, 2016-05-22, retrieved 2023-03-10^
  11. Lenskart Success Story: Journey Of Peyush Bansal 2022-06-22, retrieved 2023-03-10^
  12. "It was about picking up each problem, and solving them" www.fortuneindia.com, 2 October 2021, retrieved 2023-03-10^
  13. 5 Companies Peyush Bansal Started Before Lenskart Became Big ScoopWhoop, 2022-02-03, retrieved 2023-03-10^
  14. Saheli Roy Choudhury. Indian eyewear start-up Lenskart plans to go public in the next three years, CEO says CNBC, 23 July 2021, retrieved 2023-03-10^
  15. Valyoo Technologies eyes over five-fold jump in sales The Economic Times, 3 January 2012, retrieved 21 January 2025^
  16. Lokesh Choudhary. Lenskart IPO: Peyush Bansal Rakes In INR 823 Cr, SoftBank Pockets 5.4X Return Inc42 Media, 2025-11-09, retrieved 2025-12-20^
  17. 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, 2022-12-28, retrieved 2024-01-19^
  18. 7 Best Moments Of Shark Tank India Judges' Kapil Sharma Show Appearance IndiaTimes, 2022-02-01, retrieved 2024-01-19^
  19. The Kapil Sharma Show: Sharks Anupam Mittal and Amit Jain shake a leg with Kiku Sharda as Gudiya; watch The Times of India, 2023-01-31, retrieved 2024-01-19^