Summary

Peyush Bansal, is an entrepreneur, business executive and angel investor, best known as the co-founder and CEO of Lenskart, India's leading online eyewear retailer. Peyush was born in New Delhi where he studied in Don Bosco School. Peyush earned a Bachelor’s degree in Electrical Engineering from McGill University, Toronto.

Personal Information

Achievements and Major Timelines

• 2007: Bansal launched SearchMyCampus.com, an online classifieds platform helping college students in India find jobs, internships, housing and more.
• 2008: He founded Valyoo Technologies to manage and scale digital ventures, which later became the parent company of Lenskart.
• 2009: He started another online venture named Flyrr, an online store to sell spectacles, sunglasses and contact lenses in the US. However, he scrapped the business in 2010 and decided to bring the model to India.
• 2010: He launched Lenskart focusing on providing affordable and high-quality eyewear online.
• 2022: He acquired a majority stake in Japanese eyewear brand Owndays, marking a significant step in global expansion.
• 2023: He secured a $500mn investment from Abu Dhabi Investment Authority (ADIA), representing a 10% equity stake and maintaining the company’s valuation at $4.2bn.
• 2024: Lenskart's operating revenue grew by 43% year-on-year, reaching Rs 5,428cr, showcasing robust business performance.

Philanthropy and Personal Life

Peyush Bansal is the founder of the Lenskart Foundation, which works to eliminate preventable blindness by providing free eye care and eyewear to underserved communities. He leverages Lenskart’s resources to drive scalable and inclusive impact, empowering thousands with the gift of clear vision.