Who is Peyush Bansal? Age, Net Worth, Height, Career, Family, Biography, Wife, Lenskart.com, Controversy, Wiki

Peyush Bansal is a very victorious and industrious businessman and a successful Indian Entrepreneur. He is co-operator and Chief Executive Officer of a supreme spectacles label, Lenskart. With his devotion and dedication, he has contrived to evolve as a thriving Entrepreneur in such a mere age. His undertaking Lenskart has financed numerous of his spectacles startups involving Lenskart plus in 2020.

He is a motivated individual who is accomplishing his goals via his drudgery. He is also a reviewer of the well-known Indian television show Shark Tank India aired on Sony Entertainment Channel. He is also the originator of Lenskart, John Jacobs Eyewear, Lenskart foundation, and several other brands.

Peyush Bansal Biography / Wiki

Peyush Bansal took birth on April 26, 1985, in New Delhi, India. His nickname is Peyush. As of now, Peyush is 37 years old. His Zodiac sign is Taurus. He has Indian nationality. He has brown ethnicity. He follows the religion of Hinduism. Peyush Bansal is from a very well-to-do and established Hindu family with a swarthy complexion and celestial personality. Professionally, Peyush is a supreme businessman in India. He was raised in a moderate-level home in Delhi, Presently he resides in New Delhi with his family members.

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Real Name	Peyush Bansal
Nick Name	Peyush
Birth Place	New Delhi, India
Date Of Birth	April 26, 1985
Age(as of 2022)	37 Years
Zodiac Sign	Taurus
Nationality	Indian
Profession	Entrepreneur

Peyush Bansal Age

As per Peyush Bansal’s date of birth, his age is 37 years (as of now, in 2022). 

Peyush Bansal Height and Weight

Peyush Bansal’s height is about 5 feet 7 inches and his weight is approximately 75 Kg.

Peyush Bansal Education / Qualifications

He belongs to a modest family who accomplished his earlier schooling at Don Bosco School in Delhi. He was a very studious and intellectual fellow from the commencement, who finalized his grade 10th and 12th council exams with fantastic marks.

After finishing class12th, he desired to take entrance in IIT to do convocation though it could not occur. After intermediary, he functioned hard for the IIT entrance exam but he could not crack the admission exam, after which his goal of learning in IIT could not be contented.

Thereafter, he did not relinquish the effort and after clashing with his family members, he proceeded to Canada to learn and explore. Where he registered at McGill University in Canada. Peyush Bansal has a Bachelor of Engineering degree in Electrical IT, Control & Automation from McGill University.

However, he had moved to Canada to learn despite he did not have a sufficient amount of funds to take adequate maintenance of himself and accomplish his day-to-day necessities. To execute his appetites, he operated to a part-time appointment as a receptionist during his examinations. While accomplishing the career, he got familiarized with a senior of his very own university who utilized his time to do coding.

Peyush Bansal also retained a lot of inquisitiveness in the field of coding, after which he also conveyed his passion to learn to code. The senior, having a Visual Basic Plus textbook in his hand, advised him to read it and understand to code.

Peyush, toiling hard day and night, read that coding textbook and coded unique items, and handed it to his elder. The senior appreciated his code significantly and delivered him a coding appointment from the receptionist. Directly he had shifted from a receptionist to a mind-blowing coder.

Slowly, his adoration for coding expanded and his part-time position evolved as full-time in the summer holidays. Whatever he learned in college was academic and visionary, while his coding job was entirely reasonable, which offered him a chance to assemble associations with the customer and clients.

Slowly, his ability moved on growing in coding, after which he was involved in an apprenticeship at Microsoft during his dual year of university. Despite the rejection of many individuals in university, he was involved in a practicum at Microsoft and from there he also obtained a ring for a discussion.

Peyush even drove to give an interview but he was not chosen due to which he was very dissatisfied. He did not discontinue there and trained immensely for the subsequent year and registered again. He furthermore moved to present an interview to do an apprenticeship at Microsoft, whereas this time he was appointed in the interview.

It was a new world to him when he proceeded to accomplish an apprenticeship at Microsoft for 3 months. There were many brilliant individuals operating to transform the world and during that period, Peyush also fetched the possibility to see bill Gates’s place, after which he initiated regarding him as his motivation.

When Peyush Bansal came back to his university after completing his training, he was committed to working for Microsoft company. From the year 2002 to 2006, he concluded his university studies and he moved from Canada to the US, after which Peyush commenced functioning at Microsoft from January 2007. He functioned for nearly 1 year in Microsoft and he gained a lot of knowledge by working there.

Peyush Bansal Career

Peyush completed his graduation from McGill University and also from the Indian Institute of Management of Bangalore. After his graduation, Peyush initiated operating as a Program Executive at Microsoft, Redmond, Washington in the year 2007, and there he concentrated on enhancing consumer knowledge and background. At Microsoft, he performed for roughly a year and thereafter he quit his position and came back to India. Quitting a steady job was a major stage for Peyush and a great surprising announcement for his buddies and family members.

Thereafter, he came back to India and started searching for business conceptions. He established SearchMyCampus, a campus classified portal, in the year 2007. Lodging, apprenticeships, conveyance, textbooks, and part-time jobs were among the comforts presented to academy learners via the online portal.

The undertaking went off without a pitfall. Meanwhile, he terminated an entrepreneurial administration diploma at IIM Bangalore. He then proceeded on to initiate a number of flourishing businesses. In the year 2010, with cooperation with Amit Chaudhary and Sumeet Kapahi, he launched Lenskart. Originally, the organization specifically sold contact lenses, but as it developed, it extended its sale to possess spectacles and sunglasses. He proceeded on to co-establish sunglasses and spectacles start-ups such as John Jacobs in the year 2015, Aqualens in the year 2019, Lenskart + in the year 2020, and Lenskart Vision Fund in the year 2021.

All of these achievements were made imaginable through Lenskart. Lenskart entered the unicorn organization in the year 2019 with a $1.5 billion evaluation; a unicorn is a personally owned startup company evaluated at more than $1 billion. Despite its online sources, Lenskart currently has around 600 retail establishments and around 4000 attendants spread across the nation.

Peyush Bansal is one of the financiers known as Sharks on a corporation-based reality program, Shark Tank India. He evolves as a prominent personality after his arrival in the well-known Shark Tank India reality program. He is one of the six sharks who are considering fresh business opinions and thoughts conveyed on the program. This program is founded on the idea of Shark Tank America. He then established a few more additional startups that were moderately flourishing.

Peyush Bansal as Owner / Founder / CEO of Lenskart

After arriving back in India, he commenced with numerous start-ups and also get an administration diploma in Entrepreneurship from IIM Bangalore. His business organizations like search My Campus and others didn’t run pleasingly and then in the year 2010, Peyush Bansal in collaboration with Amit Chaudhary and Sumeet Kaphai founded Lenskart, an online outlet dealing contact lenses. Subsequently, the establishment developed and began marketing spectacles and sunglasses within a year, and in the year 2019, Lenskart evolved as a unicorn organization.

The organization also obtains acquisition via Japanese international partnership Softbank. Lenskart has approximately 600 retail stores in India across 450 cities, and about 4000 workers are operating for the organization. Peyush accomplishments contain prevailing the 2013 Red Herring top 100 Asia Award. The organization has demonstrated itself as one of the leading eyewear companies all over the nation. In the year 2017, famous Bollywood actress Katrina Kaif was selected as the brand representative of the Lenskart organization.

His undertaking Lenskart has subsidized numerous of his spectacles startups including John Jacobs in the year 2015, Aqualens in the year 2019, Lenskart Plus in the year 2020, and Lenskart Vision Fund in the year 2020. In an interview, Peyush shared how he got the idea of initiating Lenskart, Bansal stated,

I wanted to do something on the Internet. My first venture (Searchmycampus), which was centered on college students, wasn’t purely about e-commerce. It was mainly about connecting college students to someone who can provide services to the – very similar to classifieds. The only thing we were not doing was making a transaction on the Internet. The ads on the website earned us revenues. We also built websites for colleges and those who owned hostels. But the model that primarily worked was selling leads to educational institutes and PGs. Classifieds, as a model, was not making money and were not scalable. We wanted to do something that would scale up fast. That is when we shifted gears and came up with the idea of LensKart. We launched LensKart.com with the help of some funding. This left us with huge targets. Gradually, we found that it was not possible to keep Searchmycampus.com live since we would not have been able to attend to customers. We then shut Searchmycampus.com in 2010 as we did not have time and energy to look for someone to sell it off.”

Peyush Bansal Controveries

Recently, Peeyush flashed a controversy in the year 2022 when he created a comment regarding Chartered Accountants on an episode of the Indian corporation reality Television program ‘Shark Tank India.’

The Statement was “Ek advise hai, CA se dur rho,” Bansal reportedly commented on the program while bargaining for a contract and business set-up, with the originator of PNT robots. Subsequently, because of his harsh remarks, a hashtag that went viral on the social media platforms was “say no to Lenskart”, the trend was predominantly followed among Chartered Accountants, commerce background students, and other business-related officials.

Peyush thereafter explained that his comment was indicated as a joke, articulating, “My choice of words and the way it came out was inappropriate.” My intention was not conveyed in the show. It was a lighthearted remark made in jest that was utterly taken out of context.”

Due to this controversy, he had a huge downfall in the demand for Lenskart sales.

Peyush Bansal Family

Peyush Bansal was born and brought up in New Delhi, India by his loving parents. Peyush’s mommy’s name is Kiran Bansal. His father’s name is not known yet. He has one more senior brother. Peyush’s parents have consistently helped and motivated Peyush in his sound determination. He consistently desired to be a flourishing businessman. He concluded his academics in New Delhi, India, and obtained the most suitable imaginable teaching and schooling. To evolve as a glorious and magnificent businessman, Peyush’s family members have sustained him a lot. Peyush’s parents stay in New Delhi and offered him all their backing and power when he commenced his own business setup.