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{{Short description|Indian entrepreneur (born 1985)}}
{{Use dmy dates|date=May 2023}}
{{Use Indian English|date=May 2023}}
{{Infobox person
| name = Peyush Bansal
| image = Peyush Bansal.jpg
| image_caption = Bansal in 2013
| birth_date = {{birth date and age|df=y|1985|04|26}}
| birth_place = [[New Delhi]], India
| occupation = {{hlist|[[Entrepreneur]]|[[Businessperson]]|[[Investor]]}}
| education = {{ubl|[[Don Bosco School (Alaknanda, New Delhi)|Don Bosco School]], [[New Delhi]]|[[McGill University]] ([[Electrical Engineering|BEE]])|[[Indian Institute of Management Bangalore|IIM-Bangalore]] (Management Programme for Entrepreneurship and Family Businesses)}}
| organization = [[Lenskart]] (Chairman, MD & CEO)
| television = ''[[Shark Tank India]]'' (2021–present)
| height_ft =
| spouse = Nidhi Mittal<ref>{{citation|url=https://timesofindia.indiatimes.com/tv/news/hindi/meet-the-spouses-of-shark-tank-indias-business-honchos-a-look-at-the-their-family-lives/etphotostory/97663961.cms|title=Peyush Bansal wife|website=The Times of India}}</ref>
| children = 1
}}

'''Peyush Bansal''' (born 26 April 1985) is an Indian entrepreneur, business executive and angel investor.<ref>{{Cite news |title=Shark Tank India's Jugadu Kamlesh shows his upgraded product model to investor Peyush Bansal; shares 'First year revenue target is Rs 5 crore' |work=The Times of India |url=https://timesofindia.indiatimes.com/tv/news/hindi/shark-tank-indias-jugadu-kamlesh-shows-his-upgraded-product-model-to-investor-peyush-bansal-shares-first-year-revenue-target-is-rs-5-crore/articleshow/97372986.cms |access-date=2023-03-09 |issn=0971-8257 |archive-date=9 March 2023 |archive-url=https://web.archive.org/web/20230309171227/https://timesofindia.indiatimes.com/tv/news/hindi/shark-tank-indias-jugadu-kamlesh-shows-his-upgraded-product-model-to-investor-peyush-bansal-shares-first-year-revenue-target-is-rs-5-crore/articleshow/97372986.cms |url-status=live }}</ref> He is the co-founder and CEO of [[Lenskart]], an Indian multinational [[Glasses|eyewear]] [[Chain store|retail chain]], based in [[Gurugram]]. He is also a "shark" in the show ''[[Shark Tank India]]''.<ref>{{Cite news |title=Shark Tank India 2's Peyush Bansal recalls a heart-wrenching story: 'My father decided to give his extra oxygen cylinder during COVID, risking his life' |work=The Times of India |url=https://timesofindia.indiatimes.com/tv/news/hindi/shark-tank-india-2s-peyush-bansal-recalls-a-heart-wrenching-story-my-father-decided-to-give-his-extra-oxygen-cylinder-during-covid-risking-his-life/photostory/98514907.cms?from=mdr |access-date=2023-03-09 |issn=0971-8257 |archive-date=9 March 2023 |archive-url=https://web.archive.org/web/20230309171227/https://timesofindia.indiatimes.com/tv/news/hindi/shark-tank-india-2s-peyush-bansal-recalls-a-heart-wrenching-story-my-father-decided-to-give-his-extra-oxygen-cylinder-during-covid-risking-his-life/photostory/98514907.cms?from=mdr |url-status=live }}</ref><ref>{{Cite web |title=Peyush Bansal Biography: Everything about Co-Founder and CEO of Lenskart who is investor in Shark Tank India. |url=https://m.jagrantv.com/en-show/peyush-bansal-biography-age-family-education-career-lenskart-shark-tank-photos-and-more-rc1026354 |access-date=2023-03-09 |website=Jagran TV |language=en |archive-date=9 March 2023 |archive-url=https://web.archive.org/web/20230309173941/https://m.jagrantv.com/en-show/peyush-bansal-biography-age-family-education-career-lenskart-shark-tank-photos-and-more-rc1026354 |url-status=live }}</ref>

== Early life and education ==
He was born into the Hindu [[Bansal]] family of Bal Kishan and Kiran Bansal.<ref>{{Cite web |date=2023-02-25 |title=Shark Tank India's Peyush Bansal's luxurious lifestyle: A look at his Rs 600 crore net worth & expensive things he owns |url=https://www.financialexpress.com/lifestyle/shark-tank-indias-peyush-bansals-luxurious-lifestyle-a-look-at-his-rs-600-crore-net-worth-expensive-things-he-owns/2992353/ |access-date=2023-05-30 |website=Financialexpress |language=en |archive-date=30 May 2023 |archive-url=https://web.archive.org/web/20230530144039/https://www.financialexpress.com/lifestyle/shark-tank-indias-peyush-bansals-luxurious-lifestyle-a-look-at-his-rs-600-crore-net-worth-expensive-things-he-owns/2992353/ |url-status=live }}</ref> He went to the United States for a job at [[Microsoft]] but later quit to start his own business. Then he started a new venture, selling eyewear online in the USA. He studied at [[McGill University]] in [[Montreal]], Canada.<ref>{{Cite news |last=Poduwal |first=Sunanda |date=2011-11-06 |title=Peyush Bansal, founder of Lenskart in India, selling eyewear talks about his business journey |work=The Economic Times |url=https://economictimes.indiatimes.com/jobs/peyush-bansal-founder-of-lenskart-in-india-selling-eyewear-talks-about-his-business-journey/articleshow/10621495.cms?from=mdr&_oref=cook&from=mdr |access-date=2023-03-10 |issn=0013-0389 |archive-date=10 March 2023 |archive-url=https://web.archive.org/web/20230310021024/https://economictimes.indiatimes.com/jobs/peyush-bansal-founder-of-lenskart-in-india-selling-eyewear-talks-about-his-business-journey/articleshow/10621495.cms?from=mdr&_oref=cook&from=mdr |url-status=live }}</ref>

== Career ==
In 2007, he came back to India and started SearchMyCampus.com, a classifieds website for college students.<ref>{{Cite web |date=2022-02-03 |title=5 Companies Peyush Bansal Started Before Lenskart Became Big |url=https://www.scoopwhoop.com/career/companies-peyush-bansal-started-before-lenskart-became-big/ |access-date=2023-03-10 |website=ScoopWhoop |language=en |archive-date=10 March 2023 |archive-url=https://web.archive.org/web/20230310023653/https://www.scoopwhoop.com/career/companies-peyush-bansal-started-before-lenskart-became-big/ |url-status=live }}</ref> As the website reached 20 employees, in June 2008, he registered a company called Valyoo Technologies in his parents' house in [[Greater Kailash]], Delhi.<ref>{{cite news |title=A website for students: How Peyush Bansal become a successful entrepreneur |url=https://economictimes.indiatimes.com/tech/internet/a-website-for-students-how-peyush-bansal-become-a-successful-entrepreneur/articleshow/11664030.cms?from=mdr |access-date=21 January 2025 |work=The Economic Times |date=30 January 2012}}</ref> In 2009, he started another online venture named Flyrr, which was scrapped in November 2010.<ref>{{Cite web |title=Adjust Focus: How Peyush Bansal Built Lenskart Into A Profitable Unicorn |url=https://www.forbesindia.com/article/unicorn-tracker/adjust-focus-how-peyush-bansal-built-lenskart-into-a-profitable-unicorn/79911/1 |access-date=2023-03-10 |website=Forbes India |language=en |archive-date=15 January 2023 |archive-url=https://web.archive.org/web/20230115023041/https://www.forbesindia.com/article/unicorn-tracker/adjust-focus-how-peyush-bansal-built-lenskart-into-a-profitable-unicorn/79911/1 |url-status=live }}</ref>

In 2010, under Valyoo Technologies, he began an eyewear retail website named [[Lenskart]] along with co-founder Amit Chaudhary.<ref>{{Cite web |last=Sarkar |first=Ranju |date=2016-05-22 |title=Lenskart: Growing a category by improving access |url=https://www.business-standard.com/article/companies/growing-a-category-by-improving-access-116052200797_1.html |access-date=2023-03-10 |website=www.business-standard.com |language=en |archive-date=10 March 2023 |archive-url=https://web.archive.org/web/20230310022529/https://www.business-standard.com/article/companies/growing-a-category-by-improving-access-116052200797_1.html |url-status=live }}</ref> In 2011, they were joined by Sumeet Kapahi, who was working for another eyewear brand.<ref>{{Cite web |date=2022-06-22 |title=Lenskart Success Story: Journey Of Peyush Bansal |url=https://businessconnectindia.in/lenskart-success-story/ |access-date=2023-03-10 |language=en-US |archive-date=10 March 2023 |archive-url=https://web.archive.org/web/20230310023338/https://businessconnectindia.in/lenskart-success-story/ |url-status=live }}</ref><ref>{{Cite web |title="It was about picking up each problem, and solving them" |url=https://www.fortuneindia.com/venture/it-was-about-picking-up-each-problem-and-solving-them/106039 |access-date=2023-03-10 |website=www.fortuneindia.com |date=2 October 2021 |language=en |archive-date=10 March 2023 |archive-url=https://web.archive.org/web/20230310023337/https://www.fortuneindia.com/venture/it-was-about-picking-up-each-problem-and-solving-them/106039 |url-status=live }}</ref> After Lenskart, he started three more e-commerce ventures under Valyoo Technologies called WatchKart, JewelsKart and BagsKart, but shut down the latter three to focus on eyewear.<ref>{{Cite web |date=2022-02-03 |title=5 Companies Peyush Bansal Started Before Lenskart Became Big |url=https://www.scoopwhoop.com/career/companies-peyush-bansal-started-before-lenskart-became-big/ |access-date=2023-03-10 |website=ScoopWhoop |language=en |archive-date=10 March 2023 |archive-url=https://web.archive.org/web/20230310023653/https://www.scoopwhoop.com/career/companies-peyush-bansal-started-before-lenskart-became-big/ |url-status=live }}</ref><ref>{{Cite web |last=Choudhury |first=Saheli Roy |title=Indian eyewear start-up Lenskart plans to go public in the next three years, CEO says |url=https://www.cnbc.com/2021/07/23/india-eyewear-start-up-lenskart-plans-ipo-in-next-3-years-outlook-ceo.html |access-date=2023-03-10 |website=CNBC |date=23 July 2021 |language=en}}</ref><ref>{{cite news |title=Valyoo Technologies eyes over five-fold jump in sales |url=https://economictimes.indiatimes.com/tech/ites/valyoo-technologies-eyes-over-five-fold-jump-in-sales/articleshow/11350573.cms |access-date=21 January 2025 |work=The Economic Times |date=3 January 2012}}</ref>

In late 2025, he led Lenskart's IPO, which was a significant event, raising over ₹7,200 crores with strong investor demand.<ref>{{Cite web |last=Choudhary |first=Lokesh |date=2025-11-09 |title=Lenskart IPO: Peyush Bansal Rakes In INR 823 Cr, SoftBank Pockets 5.4X Return |url=https://inc42.com/buzz/lenskart-ipo-peyush-bansal-rakes-in-inr-823-cr-softbank-pockets-5-4x-return/ |access-date=2025-12-20 |website=Inc42 Media |language=en}}</ref>

==Reception==

In April 2026, Bansal faced backlash over a Lenskart grooming policy that restricted Hindu religious symbols such as bindis and tilaks while permitting other religious attire. The issue sparked widespread criticism on social media, with numerous users and commentators alleging religious bias in the company’s policies.<ref name="ndtv">{{cite news |title=Lenskart dress code row sparks backlash online |url=https://www.ndtv.com/india-news/lenskart-issues-new-dress-code-after-backlash-over-bindi-tilak-peyush-bansals-clarification-11378195 |work=NDTV |date=April 2026}}</ref><ref name="toi">{{cite news |title=Black hijab allowed but no bindi? Lenskart policy row sparks outrage |url=https://timesofindia.indiatimes.com/etimes/trending/black-hijab-and-turban-allowed-but-no-bindi-chooda-or-tilak-alleged-lenskart-office-policy-making-netizens-furious-peyush-bansals-clarification-11378195.cms |work=The Times of India |date=April 2026}}</ref><ref name="ht">{{cite news |title=Lenskart faces backlash over alleged dress code policy row |url=https://www.hindustantimes.com/india-news/lenskart-faces-backlash-over-alleged-dress-code-policy-row-101713456789012.html |work=Hindustan Times |date=April 2026}}</ref>

== Television ==
Bansal is one of the major investors/judges on the business reality show ''[[Shark Tank India]]''.

In 2022, Bansal along with the other ''Shark Tank India'' judges appeared as a VIP contestant in ''[[Kaun Banega Crorepati]]''.<ref>{{Cite news |date=2022-12-28 |title=Kaun Banega Crorepati 14: Aman Gupta, Peyush Bansal of Shark Tank India reveal they are followed by people all around and get pitches at unusual places |url=https://timesofindia.indiatimes.com/tv/news/hindi/kaun-banega-crorepati-14-aman-gupta-peyush-bansal-of-shark-tank-india-reveal-they-are-followed-by-people-all-around-and-get-pitches-at-unusual-places/articleshow/96573078.cms |access-date=2024-01-19 |work=The Times of India |issn=0971-8257 |archive-date=19 January 2024 |archive-url=https://web.archive.org/web/20240119093447/https://timesofindia.indiatimes.com/tv/news/hindi/kaun-banega-crorepati-14-aman-gupta-peyush-bansal-of-shark-tank-india-reveal-they-are-followed-by-people-all-around-and-get-pitches-at-unusual-places/articleshow/96573078.cms |url-status=live }}</ref> He also appeared as a guest on ''[[The Kapil Sharma Show]]'' together with other ''Shark Tank India'' judges.<ref>{{Cite web |date=2022-02-01 |title=7 Best Moments Of Shark Tank India Judges' Kapil Sharma Show Appearance |url=https://www.indiatimes.com/entertainment/shark-tank-india-judges-the-kapil-sharma-show-560864.html |access-date=2024-01-19 |website=IndiaTimes |language=en-IN |archive-date=19 January 2024 |archive-url=https://web.archive.org/web/20240119093447/https://www.indiatimes.com/entertainment/shark-tank-india-judges-the-kapil-sharma-show-560864.html |url-status=live }}</ref><ref>{{Cite news |date=2023-01-31 |title=The Kapil Sharma Show: Sharks Anupam Mittal and Amit Jain shake a leg with Kiku Sharda as Gudiya; watch |url=https://timesofindia.indiatimes.com/tv/news/hindi/the-kapil-sharma-show-sharks-anupam-mittal-and-amit-jain-shake-a-leg-with-kiku-sharda-as-gudiya-watch/articleshow/97492754.cms |access-date=2024-01-19 |work=The Times of India |issn=0971-8257 |archive-date=19 January 2024 |archive-url=https://web.archive.org/web/20240119093446/https://timesofindia.indiatimes.com/tv/news/hindi/the-kapil-sharma-show-sharks-anupam-mittal-and-amit-jain-shake-a-leg-with-kiku-sharda-as-gudiya-watch/articleshow/97492754.cms |url-status=live }}</ref>

== References ==
{{Reflist}}

== External links ==
* {{IMDb name|13234441}}

{{Shark Tank India}}

{{DEFAULTSORT:Bansal, Peyush}}
[[Category:Indian businesspeople]]
[[Category:Businesspeople from Delhi]]
[[Category:Boston College alumni]]
[[Category:Indian company founders]]
[[Category:Living people]]
[[Category:1985 births]]
[[Category:Shark Tank India]]
[[Category:McGill University alumni]]

Peyush Bansal - Revision history

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