Peyush Bansal is an Indian entrepreneur. He is the co -founder and CEO (CEO) of the Indian glasses retail chain Lenskart.
Wiki/biography
Peyush Bansal was born in New Delhi on Monday, February 25, 1985 (37 years old; as of 2022). His zodiac signs are Taurus. He studied at Don Bosco School at Delhi and studied electrical engineering degrees from McGill University (2002-2006) from McGill University of Montreal. Since then, he has recruited himself at the Indian School of Management (IIM) in Bangalore and engaged in the management plan of entrepreneurs and family businesses (MPEFB) (2008-2009).
Exterior
Height (about): 5’7 ”
Hair color: black
Eye color: black
family
Parents and siblings
Peyush’s father is Bal Kishan Bansal. His mother’s name is Kiran Bansal. He has a brother. He also has a sister named Neha Bansal.
Peyush Bansal and his family
wife
PEYUSH BANSAL married Nidhi Mittal on June 12, 2011. The couple have a son.
Peyush Bansal and his wife and son
Profession
PEYUSH’s career began in 2007, Microsoft’s plan manager in Microsoft, Washington, Washington. In Microsoft, his work involves the idea of improving customer experience. The job was not interested, and he decided to resign for about a year. Subsequently, Peyush returned to India and began to look for startups. In 2007, he launched the campus classification portal SEARCHMYCAMPUS. The portal provides various services for college students, including accommodation, internships, transportation, books and part -time jobs. The project is quite successful. At the same time, he obtained a management diploma from entrepreneur from IIM Bangalol. Then he launched several startups with good effects. In 2010, he founded Lenskart with Amit Chaudhary and Sumeet Kapahi.
Peyush Bansal and Amit Chaudhary and Sumeet Kapahi
Initially, the company only sold contact lenses, then slowly expanded its operation, and began to deal with glasses and sunglasses.
Subsequently, he and John Jacobs (2015), AQUALENS (2019), Lenskart Plus (2020) and Lenskart Vision Fund (2020) founded glasses startups. These are funded by Lenskart. In 2019, Lenskart entered the unicorn club with a valuation of $ 1.5 billion; unicorn was a private startup with a value of more than $ 1 billion. Although from a online company, Lenskart has about 600 retail stores, and about 4,000 employees are distributed throughout the country (as of 2022).
A Lenskart Store in Mahara Shitra
In 2021, PEYUSH served as a jury member in India’s “Shark Tank India”.
Peyush Bansal Indian Shark Tank
dispute
In January 2022, PEYUSH’s comments on the franchise community in the Indian reality show “SHARK TANK India” caused controversy. According to reports, while reaching an investment agreement with PNES’s PNT Robotics founder, PEYUSH delivered a speech, but
EK recommends the sea, CA Se Durr Raho. “
His comments were offending the CA community, and then the trend of “no say to Lenskart” became a social media (especially CAS). People also started a petition for Bandar on the Change.org, asking him to evacuate from the shark tank India. Petition reading
In order to look cool, no one can laugh at professionals on the national television station! Such a loose conversation should correct his common comments on CAS /forbidden to use shark tank India. “
Later, Peyush issued an apology letter saying that he published a comment in an interesting way. He wrote,
The words I choose and the way they appear are wrong. My intention is not the content of the show. This is a relaxed comment that is a joke, which is regarded as a context. ”
net worth
In October 2023, his net assets were estimated to be about about Rs. 6 million.
Favorite
Facts/trivia
- Peyush likes watching movies and leisure time.
- His example is Bill Gates.
- He is often found to be drinking on various occasions.
Peyush Bansal in a restaurant
- In 2017, Bollywood actress Katrina Kaif was appointed as the brand ambassador of PEYUSH LENSKART.
Katrina Kaif recognizes Lenskart
- In an interview, when asked about his success concept, Peyush said,
This is an element that brings joy in the lives of customers and employees every time. “
- In an interview, Peyush was asked about the idea behind Start Lenskart. He said,
I want to do something on the Internet. My first company (SearchMycampus) is college students, not purely about e -commerce. This is mainly about people who can provide them with services to them are very similar to the classification. The only thing we did not do was to trade on the Internet. Advertising on the website has won our income. We also established a website for universities and people with hotels. However, the main work model is to sell potential customers to educational institutions and PGS. Classification is a role model, without making money, and it is not scalable. We want to do something that can expand quickly. It was when we transferred the gear and put forward the idea of Lenskart. We started lenskart.com with the help of some funds. This has left us a huge goal. Gradually, we found that it is impossible to keep the live broadcast of Searchmycampus.com because we cannot meet with customers. Then, we closed Searchmycampus.com in 2010 because we have no time and energy to find someone to sell it. “
- In an interview, Peyush said that when talking about his Lenskart journey
Lenskart.com is India’s largest online retailer, including fashion and fashion glasses, sunglasses and contact lenses. Lenskart.com began in 2010 in 2010, and has now firmly established the country’s leading eye dress portal. In the past three years, the company’s turnover has increased by 300 %, and the current 150 employee strength has increased by 300 %. Lenskart.com provides more than 5,000 fashion frameworks and glasses, as well as more than 45 high -quality high -quality, scratch -resistant and indestructible brand contact lenses. It provides one of the biggest options for all leading manufacturers in the world and one of the biggest choices for fashionable sugar. As of now, it has been funded by the two venture capitalists, namely Idg Ventures and Ronnie Screwvala. “
He added further
The website has been delivered in more than 450 cities in India, providing unparalleled services, such as the help of online selection, strict quality inspection, personalized services, timely delivery, one year’s product warranty, 14 days of 14 days of reward policies , Convenient payment method and unparalleled price. The fact that no intermediate person means that the company can pass the price to the customer in the form of a 70 % reduction in prices and reduce costs to customers. The framework on Lenskart.com is made in some of the best production lines in the world and conducted three inspections before delivery. “
Categories: Biography
Source: HIS Education