Peyush Bansal is the co-founder of Lenskart and is also a judge on the show Shark Tank India. Peyush mentioned in an episode how he also did other businesses before he realized Lenskart is what he is actually passionate about. So, we decided to look at other companies Peyush Bansal started before Lenskart.
The show Shark Tank India has become one of the most popular shows in recent times. Not only the reality show, the judges of the show are also making headlines all over the internet because of this show.
Peyush Bansal, a former Microsoft employee, founded Lenskart in 2010 | Photo: BCCL
Talking about the judges of the Shark Tank India reality show, the co-founder of Lenskart Peyush Bansal has become a popular name with the masses ever since she started appearing on this reality TV show. Thereafter, Peyush Bansal’s net worth is one of the most searched terms on the internet right now. Here’s all you need to know about the co-founder of Lenskart and India’s favorite Shark Tank judge Peyush Bansal.
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Who is Peyush Bansal?
36-year-old Peyush Bansal is one of the leading names in the list of successful entrepreneurs in India. CEO and co-founder of Peyush Bansal laid the foundation of Lenskart with Amit Chaudhary and Sumeet Kapahi in November 2010.
Peyush Bansal is a Co-founder and CEO of Lenskart | Photo: BCCL
Peyush Bansal’s Lenskart revolutionized the unorganized eyewear industry in India. Starting as an online portal for contact lenses, the company moved on to introduce prescription glasses and sunglasses in its product range as well. Currently, Lenskart has over 500 stores in 70 Indian cities and is the leading eyewear brand in the country.
Before starting Lenskart Peyush Bansal, who used to work at tech giant Microsoft as a Program Manager in 2007 in the US, also founded the company Valyoo Technologies, which is the parent company of Lenskart.
Education
Peyush Bansal | Photo: BCCL
Peyush Bansal appeared for IIT JEE but wasn’t able to get a college. He then went on to do his Bachelors of Engineering from McGill University, Canada. He is the co-founder of Lenskart and has a net worth of 600 crores. The Executive Chairman and CEO of Microsoft, Satya Nadella, didn’t go to an IIT either.
Net worth
At the age of 36, Peyush Bansal’s estimated net worth of almost Rs 600 crore.
A billion-dollar startup
After completing his graduation in Electrical Engineering from McGill University in Canada, Peyush Bansal worked for tech giant Microsoft as a Program Manager in 2007 but returned to India a couple of years later to start his own business.
Peyush Bansal – Co-Founder of Lenskart | mashable
In an interview, Bansal stated that the mission behind starting Lenskart was to help people all over India with vision correction. The company also managed to surpass its main competitor, Titan Eyewear.
Peyush’s hard work and determination helped Lenskart to reach new heights. His company always puts the customer first and aims to provide the best service. “It’s about breaking your own standards every time and bringing an element of joy in the lives of your customers and employees,” said Peyush.
Shark Tank India
Peyush Bansal became a India’s favorite judge on Shark Tank India, more so because of his honest feedback, way of encouraging the entrepreneurs, and how he showed beliefs in brands when most of his fellow sharks on the show chose to be ‘out.’
Peyush Bansal ‘Shark Tank India net worth | SonyLiv
“Talent is not only what we see shuffling in the so-called unicorns of India, but it is sitting multi levels below, but we never reach them because our recruitment processes are largely designed to look for people working with brand names we all see on TV, and not necessarily searching for potential.”
These lines by Lenskart CEO sums up everything wrong, mainly with us as a country.
Because of his simple attitude and encouraging nature to love Peyush Bansal are small things – he’s down to earth, humble, a hero lakhs of Indians started idolizing amidst the massive popularity of Shark Tank India.
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