Peyush Bansal: Bio, Age, Wife, Family, Net Worth and More

When it comes to doing business in India there is one name that is getting insanely popular Peyush Bansal owner of Lensecart.com. He is someone who dropped his job at Microsoft to start his own company. And, now he has been contributing his expertise to grow different start-ups through Shark Tank India. In the below blog, we will learn about Peyush Bansal’s Net Worth, assets, family education, businesses, investments and more. So, make sure to read the blog till the end.

Peyush Bansal’s Biography

Peyush Bansal is the co-founder and CEO (Chief Executive Officer) of Lenskart Pvt. Lmt. He is known for his expert advice and years of experience in business making. He was born on 26 April 1985 in the Capital of India, New Delhi and spent most of his life there. In the current time, he is seen in Shark Tank India Season 4 as a Shark who is investing in other businesses.

Peyush Bansal Age, Height and Physical Appearance

According to the different sources available on the internet he was born in April 26, 1985. So, according to this year, he will be 39 years old in 2025.  As we all discovered he was born on 26th of April, so his zodiac sign is Taurus. He was born and brought up in Delhi, so he holds the nationality of Indian. Here are the details of the physical appearances of Peyush Bansal available on the internet as of now: 

Peyush Bansal Family Background

Despite having a busy schedule, Piyush did not forget to spend time with his family. He has also remained grounded and the values of his family and also his relationship. Here are the names of the family members of Peyush Bansal given below : 

Wife of Peyush Bansal: Nidhi Mittal

Peyush Bansal got married to Nidhi Mittal who is also the chairperson of the Lenskart Foundation. He got married to her in June 2011 in a private set-up. Together they have a little boy whom they love the most. However, the further details of their relationship and marriage are not mentioned on the internet as of now. Nidhi his wife has been a constant support in Piyush’s life and his business.

Education Persuade By Peyush Bansal

Since his childhood, he has been very intelligent and always a problem-solver. He and his parents, valued education and encouraged him to get the best education in the world. To complete his primary education he went to a local school in Hisar Haryana. Then after this, he went to McGill University, in Montreal, Canada. There he completed his Bachelor of Engineering in Electrical Engineering. While he was in this college to pursue his higher studies he already started a business which we are going to understand in the blog.

After coming back from Canada he then took an admission to IIM Banglore. There he completed the Management Programme for entrepreneurship and family business.

Peyush Bansal Career

After completing his degree from McGill University he joined Microsoft as a software engineer. His job there has given him a certain amount of experience which later helped him to build Lenskart. But while he was in college he already started a business named “SearchMyCampus” to help students on his campus. This is the portal that helps students with services like job opportunities, accommodation, and carpooling. Later he also started a few businesses like Flyrr, Watchkart, Bagskart Jewelskart, and Lenskart in 2010 under Valyoo Technologies. but all of this venture shut down but only Lenskart remained stable.

These businesses later closed down because of multiple reasons. That’s when he started his Next business “Lesnkart” in 2007 and this we are going to learn in the below blog. 

The Birth of “Lenskart”: The Largest Eyewear Company In India

As we all know he has been interested in doing business since the beginning of his career. That is why even after failing in multiple businesses initially but still do not stop doing it too. He started Lenskart after seeing the gap in the Eyewear market in India. 

Peyush started Lenskart back in 2010 along with Amit Chaudhary and Sumeet Kapahi. The brand was started under Valyoo Technologies and then started selling eyewear in the market. The business has been insanely growing since the beginning. Their vision is to make eyewear with the best quality at an affordable price. They have seen that there are big brands that are selling eyewear at expensive prices but do not deliver quality. Lenskart has owned over 2,000+ brand stores all over India. And they mostly operate this business mostly from their online website and application

Under this company, he also started a few brands other brands like John Jacobs and Vincent Chase under its venture Valyoo Technologies. In these brands, they made their eyewear and sold it on their platform Lenskart. 

This business aims to revolutionise the eyewear market in India by making it online. The first investor in the business is DG Ventures India. Gradually the business was selling frames and lenses for every age group of people. According to the Business Standard the total net worth of $5.6 billion as of now.

Challenge And Initial Struggle Of Building “Lenskart”

The business model of Lenskart is hybrid which means they run their business through offline and online models. In the beginning years, when he and his company faced issues established an online brand. This is because that time people were not aware much about online shopping.

Another challenge that it faced was the fragmented with a majority of the market controlled by unorganized players. Peyush Bansal and his team did their hard work and established this brand from scratch and now it has become the biggest eyewear brand in India. 

Appearance of Peyush Bansal In Shark Tank India

As we all know ever since the start Shark Tank became one of the popular reality shows in India. It is the Indian version of a USA-based show with the same in which different larger businessmen invest in different small start-ups in which they see the potential. In the show, he is also part of it as a shark. There he made a certain investment in different businesses which we mentioned below: 

Note: The above table only consists few of the investments he has made in the potential business. He has invested in other ventures too, for that you need to conduct your own research. 

Philanthropy Works Done By Peyush Bansal

Not only he is a successful businessman he also believes in doing some philanthropy work. These works were done under the Lenskart Foundation which is run by his wife Nidhi Mittal. In this foundation, they do regularized eye checkups and other services in those areas where it is not easily available. They have been running a centre in different parts of India at the current time. 

Peyush Bansal Net Worth

According to the sources the estimated net worth Of Peyush Bansal is around 600 crore which is around USD 75 million. The main source of her earnings has to be his venture “Valyoo Technologies” in which he owns different brands. And main source of his earnings is Lenskart which total net worth we mentioned above in the blog.

He also charges a good amount of money from Shark Tank India. Another source through which he earns money from the investments he makes as an angel investor. Talking about assets, he has purchased properties in Delhi which are worth around 18 crores INR. 

Peyush Bansal Social Media

He did have a good amount of social media which is all because of his appearance on Shark Tank. Although he was not very active on his social media profile and only promoted his brand. Have a look at the social media following of Peyush Bansal along with her username.

Conclusion

In the end, Peyush Bansal who is the owner of India’s leading brand Lenskart is now a known face in the business world. He is known for his strategic approach towards businesses. As we all know he is currently participating in Shark Tank India and investing in other small start-ups.

This shows that he believes in growing potential businesses that need his expertise. In the end, we just need to say that the blog is written based on the information present on the internet about him. So, do not just rely on the information present in this and conduct your research. 

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