Introduction:
Peyush Bansal is one of India’s most inspiring entrepreneurs. He is most famous as the founder and CEO of Lenskart, a major eyewear brand that has disrupted the way people buy spectacles. Others may recognise him from Shark Tank India, on which he is a participating investor, nurturing startups to grow. This article is updated with new information on Peyush Bansal’s estimated income, salary and earnings. We’ll look at how he built the business empire.
| Detail | Information |
| Full Name | Peyush Bansal |
| Date of Birth | April 26, 1985 |
| Birthplace | New Delhi, India |
| Estimated Net Worth (2025) | ∼ ₹600 Crore (∼ $75 Million USD) |
| Primary Company | Lenskart |
| Position | Co-founder, CEO, and MD |
| Lenskart Founding Year | 2010 (Operations began under Valyoo Technologies, founded in 2008) |
| Education | B.Eng. Electrical (McGill University, Canada); Management Programme (IIM Bangalore) |
Early Life and Education
Peyush Bansal grew up in a middle-class Indian family. He completed his studied from the Don Bosco School, Delhi. Peyush worked hard in order to get admission into one of the top engineering colleges, Indian Institutes of Technology (IITs), but failed the entrance exams; however, it didn’t stop him.
Peyush was very keen to do his higher education, so he searched abroad. He attended McGill University in Montreal, Canada and completed his Bachelor’s degree in electrical engineering. He got a specialisation in areas like information technology and automation. This shaped his analytical and thinking skills. Living independently in a new country built his resilience and adaptability.
By the time he graduated, Peyush got interested in business. He returned to India and sharpened his entrepreneurial skills through a management program for entrepreneurship and family business at IIM Bangalore. His early experiences emphasised the value of education and perseverance.
Career Beginnings
Peyush entered the tech industry right after college. He got a job at Microsoft in the United States as a program manager. There, he was exposed to how large companies operate and innovate as he worked on software projects. There, he learned product development and team building first-hand. Peyush had his lifestyle in place, with a decent salary, but he felt unfulfilled.
He returned to India in 2007 and observed a huge market gap for student services. He used this as an opportunity for his first startup, SearchMyCampus.com. He created the platform to connect college students with housing, jobs, and other basic needs. The startup was not a success; however, it taught him valuable lessons about running a business and the internet market.
He also experimented with an online eyewear venture called Flyrr.com, targeted at the US market. It introduced him to the challenges of e-commerce and eyewear retail. This startup didn’t scale as expected. Peyush didn’t give up; instead, he remained determined. He founded Valyoo Technologies, an umbrella company for online stores selling accessories like bags, watches, and jewellery (jewelsKart). This venture laid the groundwork for his biggest success. He realised all his flaws, and the realisation of the need to solve a massive problem for a successful business venture gave birth to Lenskart.
The Founding of Lenskart
Peyush Bansal co-founded Lenskart with Amit Chaudhary and Sumeet Kapahi in 2010. The aim was to make eyewear accessible, affordable, and convenient for everyone. Ordering glasses before Lenskart would mean that people would have to visit physical stores for eye tests and fittings, which would require both time and effort. Lenskart transformed this by offering online shopping with home try-on options like free eye checkups at home, and quick delivery of eyewear.
Under Peyush, the company grew quickly due to his focus on technology and experience in customer service. They incorporated virtual try-on and augmented reality for frame selection. This feature allowed you to look at which frame is suitable for your face before you make the final order. Lenskart expanded from its online model to opening physical stores across India.
The company spent money on manufacturing and supply chains. They kept their prices modest without lowering the quality. Lenskart became a unicorn in 2019. A round of initial public offering in 2025 pushed up its valuation even more. Lenskart already has thousands of stores and millions of customers in several countries, such as Southeast Asia and the Middle East. Peyush Bansal’s leadership has made Lenskart a common household name in India.
Shark Tank India
Popularity has increased for Peyush after he joined Shark Tank India in 2021. The reality show showcases entrepreneurs who pitch their ideas to a group of investors (the “sharks”) and get funded if the sharks are persuaded. Peyush is a rare combination of empathy with business insights he has gained from his personal startup challenges.
He’s more interested in supporting startups resolving real problems, instead of looking for profit. Audience and contestants love Peyush for his straightforward and practical advice. The show helped him expand his portfolio and keep supporting the young entrepreneurs in India’s startup ecosystem. He is using his presence on this platform to motivate and mentor the younger innovators.
Estimated net worth in 2025
Peyush Bansal’s net worth is estimated to be around Rs 600 crore. This includes his ownership in Lenskart, which saw a valuation boost post-IPO. The public listing potentially added hundreds of crores to his wealth. Before the I.P.O., his wealth was linked to the company’s private valuation. With Lenskart’s upward graph in revenue and steady profits, experts predict more growth. If the boardroom continues to be supportive and the business grows globally, Peyush could easily turn into a near-billionaire over the next few years.
Assets and Lifestyle
Peyush Bansal lives a simple and luxurious lifestyle. He has a high-end flat in DLF The Camellias, one of the costliest residential areas in India. The house was bought for more than Rs 30 Crore. It offers a mountain view and has all modern amenities. He also has a large bungalow in Delhi, which is around Rs 18 crore and an apartment in Gurgaon worth Rs 40 crore. He has a fleet of luxury cars, including BMW and Land Rover. Peyush is married to Nidhi Mittal and has one child. Peyush often contributes to causes like education and vision care, not to forget his roots.
Income sources
| Source | Description |
| Lenskart | Primary source – value of his substantial equity stake (around 8-10%), gains from the recent IPO share sales, profits, and annual bonuses. |
| Shark Tank Investments | Returns generated from his portfolio of investments in multiple startups featured on the show across various seasons. |
| Other Business Ventures | Stakes in Lenskart’s strategic acquisitions and other companies, such as Owndays, Neso Brands, and other portfolio firms. |
| Salary as CEO | The fixed annual salary received for his role as the Chief Executive Officer of Lenskart. |
| Real Estate | Luxury assets such as his home and investment properties in prime areas like Delhi/Gurugram. |
Conclusion:
From being a student of engineering to becoming the founder of a multimillion-dollar company, Lenskart, Peyush Bansal’s story is truly inspiring. Rather than merely seeking profits, he sought to build a company that really solved a problem for millions of people. His path from corporate worker to successful business owner showed that we need to learn from failures and realise our mistakes to become a successful entrepreneur. In the article, we talked about his early life, net worth, and how he founded Lenskart.
FAQs:
Who is Peyush Bansal?
Peyush Bansal is the co-founder and CEO of Lenskart, one of India’s leading eyewear brands.
What is Peyush Bansal’s net worth?
His net worth is estimated in the hundreds of crores, depending on Lenskart’s market value.
How does Peyush Bansal earn his money?
He earns mainly through Lenskart, startup investments, and other business ventures.
What is Peyush Bansal’s educational background?
He studied at McGill University and later attended IIM Bangalore for an entrepreneurship program.
How did Lenskart begin?
Lenskart was started in 2010 to make eyewear affordable and easily available across India.
Is Peyush Bansal on Shark Tank India?
Yes, he is one of the well-known investors on the show.
What did he do before starting Lenskart?
He worked at Microsoft and tried a few startup ideas before Lenskart became a success.
Why is Peyush Bansal considered successful?
His success comes from solving real customer problems, strong innovation, and effective leadership.
Does Peyush Bansal invest in other startups?
Yes, he invests in many startups through Shark Tank India and privately.
What else is Peyush Bansal known for?
He is known for his simple personality, problem-solving mindset, and contribution to India’s eyewear market.
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