Name | Peyush Bansal |
Date of Birth | 26 April 1985 |
Profession | Businessman & Entrepreneur |
Net Worth | Rs. 600 crores |
Age | 38 years old |
Height | 1.70 M (5′ 7”) |
Weight | 75 kg |
Birthplace | New Delhi, India |
Nationality | Indian |
Who Is Peyush Bansal?
Peyush Bansal is an entrepreneur from India. He was born on April 26, 1985, in New Delhi, India. He is known as the person who started and leads a company called lenskart.com. Right now, he is doing an important job as the CEO (Chief Executive Officer) of that company. You might have heard about him because he’s also one of the judges in the second season of a reality TV show called Shark Tank.
Despite being really successful and making lots of money, Peyush likes to keep things simple. He doesn’t enjoy being famous or having lots of people follow him around. He’s down-to-earth and doesn’t let success go to his head. This is something that many people admire about him.
Net Worth
Peyush Bansal, the owner of Lenskart, is known for his successful online eyeglasses business. If we add up all his money and assets, his net worth is about Rs. 600 crores. That’s a huge amount of money!
Peyush’s lifestyle reflects his success. He lives a luxurious life. He even owns some fancy cars like BMW, Mercedes, Audi, and Land Rover. These cars are not just any cars – they’re known as luxury cars that are often seen as symbols of wealth and success.
Peyush Bansal is not only focused on Lenskart. He’s also invested his money in other businesses. For example, he’s invested in something called an employee engagement platform called Feedo. This is a way to help companies keep their employees happy and motivated. He’s also invested in a lifestyle brand called dailyobjects.com. This brand is all about lifestyle products that people might enjoy using in their daily lives.
Early Life
Peyush Bansal’s story began in a place called New Delhi, which is in India. He was born into a family that followed the Hindu religion. His mom and dad, whose names are Bal Kishan and Kiran Bansal, loved and took care of him. His dad was a chartered accountant.
When Peyush was a young boy, he went to a school called Don Bosco School. He learned things like reading, writing, and math there. As he grew older, he wanted to learn more. So, he traveled far away to a place called McGill University in Canada. There, he studied Electrical Engineering. He spent time and effort to earn a bachelor’s degree
But Peyush didn’t stop at just one degree. He was eager to learn more and become even smarter. So, he decided to go back to India, his own country. He joined a school called IIM Bangalore, which stands for Indian Institute of Management Bangalore. He wanted to learn more about business and management. He did post-graduation. This helped him become even more skilled and knowledgeable.
Personal Life
When Peyush Bansal isn’t busy with his business ventures, he enjoys doing things he loves. One of his favorite things is traveling. He likes to explore new places and see different parts of the world. Another thing he enjoys is watching films. Just like many of us, he finds joy in watching movies.
Peyush looks up to a very famous person as his role model. It’s Bill Gates. Peyush admires him and learns from the way Bill Gates has achieved so much in the business world.
Peyush’s company, Lenskart, has a connection to Bollywood too. Katrina Kaif is the brand ambassador of Lenskart.
Sometimes, Peyush is seen enjoying alcohol at different events. Just like some adults do, he likes to have a drink on special occasions.
Peyush Bansal also has a family. He’s married to Nidhi Mittal. They have been married for quite a few years. Nidhi is not just any person – she serves as the Chairperson at Lenskart Foundation. This means she has an important job there. Before that, she used to work in the field of media. She even started her own company that did something called content marketing. This means she knows a lot about making things interesting for people to read or watch.
Together, Peyush and Nidhi have a child, a boy. They are a happy family, and while Peyush is busy with his business, he also enjoys spending time with his loved ones.
Career History
Peyush Bansal’s journey in the world of work started after he finished his studies. He began working as a Program Manager at Microsoft in a place called Redmond, Washington, in the year 2007. His job was to make things better for the people who used Microsoft’s products. He cared a lot about making sure customers had a good experience.
He worked at Microsoft for about a year, and then something interesting happened. He decided to leave his job there and return to India. Do you know why? He had a big dream. He wanted to start his own company right here in India. He had some ideas in his mind, and he was ready to explore them.
In 2007, Peyush took a step toward his dream and launched something called SearchMyCampus. It was like an online bulletin board for college students. They could find things like places to stay, internships, transportation options, books, and part-time jobs. It helped students connect with things they needed, making their college lives easier.
He didn’t stop there. Peyush started a few more businesses after that. They did pretty well, but he was aiming for something even bigger. And then in 2010, he and his friends Amit Chaudhary and Sumeet Kapahi started something that would become really big – Lenskart. At first, Lenskart sold only contact lenses online. But within just one year, they started selling eyeglasses and sunglasses too. They wanted to make it easier for people to buy eyewear without going to a store.
Lenskart grew and grew, and it even became a unicorn in 2019. No, not the magical creature – in the business world, a unicorn means a company that’s privately owned but worth more than a billion dollars. Imagine that!
As the years went by, Lenskart expanded. They opened around 600 retail stores in different places, and they had about 4000 people working for them in 450 cities across India. This means they were helping a lot of people find the right eyewear.
But Peyush’s story doesn’t end there. In 2021, he took on a new role. He became one of the judges on a TV show called ‘Shark Tank India.’ This show is about people who want to start their own businesses. They present their ideas to successful business people, like Peyush, and hope to get their support and investment. It’s like a game where entrepreneurs try to convince these judges to believe in their ideas.
Peyush Bansal’s journey has been one of starting small and dreaming big. He began with a job at Microsoft, but he didn’t stop there. He started businesses, made them grow, and then co-founded Lenskart, which became a unicorn. His success story shows how determination and innovation can lead to great accomplishments. And now, as a judge on ‘Shark Tank India,’ he’s helping others on their own entrepreneurial journeys.
Controversies
In 2022, Peyush Bansal found himself in a controversy. This happened because of something he said on a TV show called ‘Shark Tank India.’ He made remarks about a group of professionals called Chartered Accountants (CAs) during one of the show’s episodes. While talking about a deal, he said, “Ek advice hai, CA se durr raho,” which means “One piece of advice, stay away from CAs.”
His comment led to a lot of discussion and disagreement. Many people, especially Chartered Accountants, didn’t like what he said. They felt his words were not respectful towards their profession. This situation became a big deal on social media. People started a trend with the phrase ‘Say No To Lenskart’ as a way to express their disagreement.
Peyush later realized that his words had caused a misunderstanding. He explained that he had made the comment in a light-hearted and joking manner, and it wasn’t meant to be taken seriously. He said he used the wrong words and that his true intention was not what came out on the show.
Controversies are situations where people have different opinions about something someone said or did. In this case, Peyush’s comments led to a disagreement and discussions on social media. It’s a reminder that our words can have a big impact, and it’s important to be careful about what we say, especially in public settings.