Peyush Bansal is a 42-year-old Indian entrepreneur and the co-founder of eyewear retailer Lenskart. He was named Forbes India’s Entrepreneur of the Year in 2026 and is also the latest Indian to join the three-comma club.
Peyush Bansal Overview & Key Details
| Category | Details |
|---|---|
| Full Name | Peyush Bansal |
| Age | 42 years |
| Zodiac Sign | Taurus |
| Birthplace | New Delhi, India |
| Nationality | Indian |
| Religion | Hindu |
| Education | Bachelor’s in Electrical Engineering, McGill University, Canada; Management Programme for Entrepreneurship and Family Business, IIM Bangalore |
| Profession | Entrepreneur, Businessman, Angel Investor, TV Personality |
| Known For | Co-founder, Chairman, MD & CEO of Lenskart; Judge on Shark Tank India |
| Wife | Nidhi Mittal Bansal |
| Family | Middle-class Delhi family; sister Neha Bansal is also a Lenskart co-founder; one child |
| Current City | Gurugram, Haryana |
| Height | 5 feet 7 inches |
Early Life, Background
Peyush Bansal was born on 26 April 1985 in New Delhi, India. He was raised in a Hindu Bansal family by his parents, Bal Kishan Bansal and Kiran Bansal. He completed his primary and secondary education at Don Bosco School in Alaknanda, New Delhi.
In 2002, he moved to Canada to pursue a Bachelor of Engineering (B.Eng.) in Electrical Engineering with a focus on Information Technology at McGill University in Montreal. After returning to India in June 2007, he completed the Management Programme for Entrepreneurs and Family Businesses (MPEFB) at the Indian Institute of Management Bangalore (IIM Bangalore).
On 12 June 2011, Peyush Bansal married Nidhi Mittal. She served as the Chairperson of the Lenskart Foundation in 2020. According to The Times of India, Peyush Bansal and Nidhi Mittal had their son, Ivaan Bansal, between 15 and 20 May 2014.
Career Timeline
In 2007, Bansal started SearchMyCampus.com, a classifieds website for college students. In June 2008, he registered a company called Valyoo Technologies at his parents’ house in Greater Kailash, Delhi. In 2010, Peyush Bansal started a business with his co-founders, Sumeet Kapahi and Amit Chaudhary, who oversees the store network, along with his sister Neha, who heads merchandising.
They began by selling contact lenses online and evolved into an omnichannel giant. In 2013, the company opened its first physical store in New Delhi. It had initially operated as an online retailer and offered customers a 3D virtual try-on feature for glasses.
Net Worth & Sources of Income
The net worth of Lenskart co-founder Peyush Bansal is estimated at around $1 billion, equivalent to approximately ₹8,300 crore to ₹9,200 crore. Most of his wealth comes from his nearly 9% stake in Lenskart.
Lenskart has expanded its operations to 16 countries, including Singapore, Japan, and the UAE. In India, the company operates 2,725 stores across 157 cities. During the latest quarter, Lenskart added 132 new stores—116 in India and 16 overseas—bringing its total store count to 3,459 worldwide.
Media and Television
Bansal appeared on Kaun Banega Crorepati in 2022 as a VIP contestant alongside the other judges of Shark Tank India.
He also appeared as a guest on The Kapil Sharma Show in 2022, following the success of the first season of Shark Tank India. In 2023, he appeared on the show again along with the other Shark Tank India judges to promote the second season of Shark Tank India.
Business Awards & Honors
| Year | Award / Honor | Organization / Event |
|---|---|---|
| 2026 | Entrepreneur of the Year | Forbes India |
| 2023–24 | Innovator of the Year | NDTV Indian of the Year Awards |
| 2015 | India TV Yuva Award | India TV |
| 2012 | Emerging Entrepreneur of the Year | Indian e-tail Awards |
| 2012 | Red Herring Top 100 Asia Award | Red Herring |
Summary
Peyush Bansal’s journey from a young entrepreneur in Delhi to the co-founder and leader of Lenskart is a story of ambition, innovation, and perseverance. Through his work in the eyewear industry and his role as a Shark Tank India judge, he has become a well-known figure in Indian business. His achievements and continued growth reflect his significant contribution to India’s startup and entrepreneurial ecosystem.
Social Media Accounts
| Platform | Handle |
|---|---|
| Twitter (X) | @peyushbansal |
| @peyushbansal |
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FAQS:
1. What is Peyush Bansal’s age?
Peyush Bansal’s age is 42 years, and he was born on April 26, 1985, in New Delhi, India.
2. What is Peyush Bansal’s net worth?
Bansal’s net worth is estimated at around $1 billion, roughly ₹8,300 crore to ₹9,200 crore, with most of his wealth coming from his nearly 9% stake in Lenskart.
4. Who is Peyush Bansal’s wife, and when did they marry?
Peyush Bansal Wife is Nidhi Mittal, whom he married on June 12, 2011. She has also served as Chairperson of the Lenskart Foundation since 2020.
5. Does Peyush Bansal have children?
Yes. Peyush Bansal and his wife Nidhi Mittal welcomed their son, Ivaan Bansal, in mid-May 2014.
6. What is Peyush Bansal’s family background?
Bansal’s family is a Hindu family from Delhi. He was raised by his parents, Bal Kishan Bansal and Kiran Bansal. His sister, Neha Bansal, co-founded Lenskart with him and heads merchandising for the company.
7. What religion does Peyush Bansal follow?
Peyush Bansal’s religion is Hinduism, as he comes from a Hindu Bansal family based in New Delhi.
