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	{{Biography		{{Biography
	\| person_name = Peyush Bansal		\| person_name = Peyush Bansal
	\| portrait_image = ~~Peyush_Bansal~~.jpg		\| portrait_image = 894738648397.jpg
	\| image_caption = Peyush Bansal, co-founder and CEO of Lenskart		\| image_caption = Peyush Bansal, co-founder and CEO of Lenskart
	\| title_or_role = Entrepreneur, Business Executive and Investor		\| title_or_role = Entrepreneur, Business Executive and Investor

Sub-Admin: Created page with "{{Biography | person_name = Peyush Bansal | portrait_image = Peyush_Bansal.jpg | image_caption = Peyush Bansal, co-founder and CEO of Lenskart | title_or_role = Entrepreneur, Business Executive and Investor | birth_date = | birth_place = New Delhi, India | death_date = | death_place = | nationality = Indian | spouse = | children = | occupation = Entrepreneur, Business Executive, Investor | education = Electrical Engineering | alma_mater = McGill University | ins..."

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Created page with "{{Biography | person_name = Peyush Bansal | portrait_image = Peyush_Bansal.jpg | image_caption = Peyush Bansal, co-founder and CEO of Lenskart | title_or_role = Entrepreneur, Business Executive and Investor | birth_date = | birth_place = New Delhi, India | death_date = | death_place = | nationality = Indian | spouse = | children = | occupation = Entrepreneur, Business Executive, Investor | education = Electrical Engineering | alma_mater = McGill University | ins..."

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{{Biography
| person_name = Peyush Bansal
| portrait_image = Peyush_Bansal.jpg
| image_caption = Peyush Bansal, co-founder and CEO of Lenskart
| title_or_role = Entrepreneur, Business Executive and Investor
| birth_date =
| birth_place = New Delhi, India
| death_date =
| death_place =
| nationality = Indian
| spouse =
| children =
| occupation = Entrepreneur, Business Executive, Investor
| education = Electrical Engineering
| alma_mater = [[McGill University]]
| institution = [[Lenskart]]
| notable_for = Co-founding [[Lenskart]] and appearing as an investor on [[Shark Tank India]]
| years_active = 2007–present
| awards =
| website = https://www.lenskart.com/
}}

'''Peyush Bansal''' is an Indian entrepreneur, business executive and investor best known as the co-founder, Chairman, Managing Director and Chief Executive Officer of [[Lenskart]], an eyewear company operating across India and international markets. He is also widely recognized for his role as an investor on the Indian business reality television program ''[[Shark Tank India]]''. Bansal has been associated with the development of technology-driven and omnichannel approaches to eyewear retail in India.

== Early life and education ==

Bansal was born in [[New Delhi]], India. He later moved to Canada for higher education and studied electrical engineering at [[McGill University]] in Montreal. His engineering background contributed to his interest in technology and product development.

After completing his university education, Bansal began his professional career in the technology industry in the United States. He joined [[Microsoft]] in Redmond, Washington, where he worked as a program manager on the company's [[Microsoft Office]] team.

His experience at Microsoft exposed him to large-scale technology products and consumer-focused product development. He subsequently decided to leave Microsoft and return to India to pursue entrepreneurship.

== Entrepreneurial career ==

After returning to India in 2007, Bansal began developing technology businesses aimed at solving consumer problems. One of his early ventures was '''SearchMyCampus.com''', an online platform focused on helping students find accommodation and other opportunities.

Bansal later established '''Valyoo Technologies''', a company that became the corporate foundation for several online businesses. The company explored different consumer categories before focusing primarily on eyewear.

Bansal's interest in eyewear developed after studying the accessibility and affordability problems associated with prescription glasses. He spent time understanding the traditional optical-retail industry and identified opportunities to use technology, direct-to-consumer distribution and manufacturing to make eyewear more accessible.

== Lenskart ==

In 2008, Bansal co-founded Valyoo Technologies with [[Neha Bansal]], [[Amit Chaudhary]] and [[Sumeet Kapahi]]. The company subsequently launched Lenskart as an online eyewear business in India in 2010. According to Lenskart, the company initially operated online before opening its first physical retail store in [[New Delhi]] in 2013.<ref>{{cite web
|url=https://www.lenskart.com/corporate/about
|title=About Lenskart
|publisher=Lenskart
|access-date=15 September 2026
}}</ref>

Lenskart's business model combined online commerce with physical optical stores. The company expanded its services to include prescription eyewear, sunglasses, contact lenses and related products. Its approach also included technology-assisted eye testing, virtual product experiences and investments in manufacturing and supply-chain infrastructure.

Under Bansal's leadership, Lenskart expanded beyond its original online model and developed an omnichannel retail network. The company subsequently expanded into international markets, including Japan, Southeast Asia and the Middle East.<ref>{{cite web
|url=https://www.lenskart.com/corporate/about
|title=Our Story
|publisher=Lenskart
|access-date=15 September 2026
}}</ref>

In 2022, Lenskart announced the acquisition of a majority stake in Japanese eyewear company '''Owndays'''. The transaction strengthened Lenskart's international presence and supported its strategy of building a global eyewear business.

Lenskart became a publicly listed company in 2025 through an initial public offering. Forbes reported that the IPO raised approximately US$821 million.<ref>{{cite web
|url=https://www.forbes.com/profile/peyush-bansal/
|title=Peyush Bansal
|publisher=Forbes
|access-date=15 September 2026
}}</ref>

As of 2026, Bansal serves as Chairman, Managing Director, CEO, Co-founder and Promoter of Lenskart.<ref>{{cite web
|url=https://www.lenskart.com/corporate/about
|title=Board of Directors and Management Team
|publisher=Lenskart
|access-date=15 September 2026
}}</ref>

== Business philosophy ==

Bansal's approach to entrepreneurship has emphasized identifying large consumer problems and using technology to develop scalable solutions. His work at Lenskart has focused on combining digital commerce, physical retail, manufacturing and technology rather than treating online and offline retail as separate businesses.

Forbes India has described Lenskart's development as an example of an Indian consumer technology company building a product-focused multinational business from India. The company has expanded its manufacturing capabilities and developed technology for areas such as supply-chain management, store-location analysis, computer vision and eye testing.<ref>{{cite web
|url=https://www.forbesindia.com/article/leadership/peyush-bansal-the-somehow-founder/2992636/1
|title=The Somehow Founder
|publisher=Forbes India
|access-date=15 September 2026
}}</ref>

Bansal has also emphasized affordability and accessibility in eyewear. His stated objective has been to address the large number of people who require vision correction but do not regularly use spectacles.

== Shark Tank India ==

Bansal became widely known to a broader Indian television audience through ''[[Shark Tank India]]'', where he appeared as one of the show's investors, commonly referred to as a "shark".

On the program, Bansal evaluates entrepreneurs and startup businesses, asking questions about their products, revenue, business models, valuations and growth strategies. His appearances on the show have contributed to his public profile as a technology entrepreneur and investor.

His participation in ''Shark Tank India'' has also connected his career with India's expanding startup and entrepreneurship ecosystem.

== Investments and entrepreneurship ==

Beyond Lenskart, Bansal has been associated with investments in and mentorship of emerging businesses. Through his activities as an investor and television personality, he has participated in discussions around entrepreneurship, product development, customer acquisition and business strategy.

His career is frequently cited as an example of an entrepreneur who transitioned from a technology role at a major multinational company into building an Indian consumer technology company.

== Legacy and recognition ==

Bansal is recognized for helping transform the Indian eyewear-retail sector through Lenskart's combination of e-commerce, physical stores, technology and vertically integrated operations. The company has expanded from an online eyewear retailer into an international consumer brand with operations across multiple markets.

Forbes reported in 2026 that Lenskart's expansion and public listing had significantly increased the value of Bansal's stake in the company, making him one of India's prominent technology and consumer-business entrepreneurs.<ref>{{cite web
|url=https://www.forbes.com/sites/anuraghunathan/2026/08/17/meet-the-entrepreneur-whose-vision-of-helping-indians-see-better-made-him-a-billionaire/
|title=Meet The Entrepreneur Whose Vision Of Helping Indians See Better Made Him A Billionaire
|publisher=Forbes
|date=17 August 2026
|access-date=15 September 2026
}}</ref>

His career combines experience in software and product management, entrepreneurship, consumer retail, technology-enabled commerce and startup investing. Through Lenskart and his public role on ''Shark Tank India'', Bansal has become a recognizable figure in India's modern startup ecosystem.

== See also ==

* [[Lenskart]]
* [[Shark Tank India]]
* [[Entrepreneurship in India]]
* [[Indian startup ecosystem]]
* [[E-commerce in India]]

== References ==

{{Reflist}}

== External links ==

* [https://www.lenskart.com/ Lenskart]
* [https://www.lenskart.com/corporate/about Lenskart Corporate]
* [https://www.forbes.com/profile/peyush-bansal/ Forbes profile of Peyush Bansal]

[[Category:Indian entrepreneurs]]
[[Category:Indian business executives]]
[[Category:Indian investors]]
[[Category:Indian technology entrepreneurs]]
[[Category:Indian startup founders]]
[[Category:Lenskart]]
[[Category:McGill University alumni]]
[[Category:Shark Tank India]]
[[Category:Living people]]

Peyush Bansal - Revision history

Sub-Admin at 12:08, 15 September 2026