Tag: Successful Businessman

Peyush Bansal: The Visionary Founder and CEO Driving Lenskart’s Success

When we think of fashion, items like clothes and footwear often come to mind. However, fashion isn’t limited to what we wear. Today, spectacles have become an essential part of style and a key fashion statement, embraced by nearly everyone.

In today’s world, long working hours and rising stress levels contribute to various health issues, including vision problems. In India alone, around 550 million people require vision correction, yet only 170 million have access to it.

To provide better eyewear for every walk of life while keeping in view the quality and trend styles, Lenskart was founded. Peyush Bansal started the company in 2010 with a mission to deliver better eyewear and change the way people see through their eyes.

Peyush Bansal is regarded to be one of the most brilliant entrepreneurs in India. He started his journey from being a studious student to building a company at a global level. Peyush Bansal sparks inspiration for many of us.

He gained much popularity after becoming a judge on one of the most famous reality shows, Shark Tank India.

Let’s explore the roller-coaster journey of Peyush Bansal, from becoming an entrepreneur to building Lenskart from scratch. In this StartupTalky story, we’ll dive into the success story of Peyush Bansal, his early life, childhood, personal life, educational background, and the path he took to success, along with any controversies and more.

Peyush Bansal Biography

Entrepreneur	Peyush Bansal
Born	April 26, 1985
Education	McGill University, Canada, IIM, Bangalore
Occupation	Entrepreneur
Known for	Co-founder and CEO of Lenskart
Net worth	INR 600 crore (As of 2024)
Marital status	Married
Nationality	Indian

Peyush Bansal – Early Life
Peyush Bansal – Career
Peyush Bansal – Investments
Peyush Bansal – Shark Tank India
Peyush Bansal – Controversy
Peyush Bansal – Awards & Achievements
Peyush Bansal – Unknown Facts
Peyush Bansal – Quotes

Peyush Bansal’s Lenskart Journey

Peyush Bansal – Early Life

Born on 26th April 1986 in Delhi, Peyush Bansal lived with his parents and two siblings. His father’s name is Bal Kishan Bansal, and his mother’s name is Kiran Bansal. He has one elder brother and a younger sister.

Peyush Bansal did his schooling at Don Bosco School (Greater Kailash-II, New Delhi). After finishing high school, he prepared for IIT but didn’t get through. So, he went to Canada to study electrical engineering at McGill University.

Just like any person with dreams and goals, Peyush Bansal always wanted to be a businessman. In India, he studied at the Indian Institute of Management, Bangalore, he holds a diploma in entrepreneurship.

Peyush has been lucky as his parents always supported him in his journey of becoming an entrepreneur. In 2011, he got married to Nidhi Mittal and has a son.

Peyush Bansal – Career

After graduating in electrical engineering, Peyush Bansal bagged his first job at the tech giant- Microsoft, USA. He worked as a Program Manager for nearly one year but left the job in 2008 and came back to India.

Peyush was never interested in engineering, which is why he quit his job at Microsoft. After returning to India, he started to look for ideas to start his own company.

Despite not coming from a business background, Bansal came up with his first startup in 2007 called SearchMycampus while pursuing a degree in entrepreneurship from IIM, Bangalore.

SearchMycampus was an online portal to help students search for various issues related to jobs, housing, coaching, internships, transportation, books, etc. After the fair success of his first company, Bansal launched a couple of startups that ran quite well.

Along with his friends, Amit Chaudhary and Sumeet Kapahi he founded Lenskart in 2010. The idea came when Peyush came across the statistics of blind people in India, and only a small number of people were wearing spectacles. Thus, he aimed to provide eyeglasses to a large number of people to improve their vision.

Founders of Lenskart - Amit Chaudhary, Peyush Bansal, and Sumeet Kapahi — Lenskart founders – Amit Chaudhary, Peyush Bansal, and Sumeet Kapahi

Peyush Bansal serves as the Chief Executive & People Officer at Lenskart. The company is headquartered in Faridabad, Delhi NCR. Initially, Lenskart dealt with selling only contact lenses, but it slowly witnessed success and expanded its operations.

Today, Lenskart has over 1100 stores across different cities in India, offering more than 5000 eyewear styles. The online eyewear retailer entered the unicorn club in 2019.

Eyewear company Lenskart is planning to skip the confidential DRHP filing for its upcoming IPO in India, reports MoneyControl. Instead, it will use the normal route, which makes all IPO details public once filed with SEBI. Lenskart also changed its name to Lenskart Solutions Limited after shareholder approval.

Currently, the valuation of Lenskart is $5.6 billion.

Peyush Bansal – Investments

Peyush Bansal is a man of a wise and brilliant mind. He has made investments in various startups. His latest investment is in Lenskart. It was a funding round held in July 2024, and as a lead investor, he invested INR 70.70 crore in the company.

Some of the companies Peyush Bansal has invested in are:

Date	Startup Name	Funding Round	Money Raised
July 15, 2024	Lenskart	Funding Round	₹70.70 crore
June 20, 2024	Unknown Innovations	Seed Round	$2 million
March 23, 2024	Farm Didi	Angel Round	$12k
March 15, 2024	Dharaksha Ecosolutions	Angel Round	Undisclosed
February 20, 2024	Without	Angel Round	$90.3k
June 1, 2022	Revamp Moto	Pre Seed Round	$1 million
March 28, 2022	INDmoney	Series D	$11 million
March 21, 2022	Leverage Edu	Series B	$22 million
March 9, 2022	Carragreen	Pre Seed Round	₹5 million
January 31, 2022	Humpy Farms	Angel Round	₹10 million
January 23, 2022	Smiles.ai	Series A	₹1.7 billion
January 6, 2022	Thinkerbell Labs	Seed Round	₹10.5 million
December 10, 2021	Shiprocket	Series E	$185 million
August 4, 2020	inFeedo	Seed Round	$700K
January 19, 2016	DailyObjects	Venture Round	$1.3 million

Peyush Bansal – Shark Tank India

Peyush Bansal is one of the most-admired sharks on the show. He almost turned down the offer. Initially, he wanted to reject it, but his wife, Nidhi, encouraged him to consider it. Even during his first shoot, he hadn’t signed the contract. However, the energy of the startup founders and the show itself inspired him, and from that moment, he was fully committed to the show.

He invested INR 22.204 crore in the first season of Shark Tank India, INR 16.16 crore in the second season, and INR 5.77 crore in the third season of the show. Bansal is known for his compassion and strong support for social causes. On the show, he has invested mostly in food and beverage D2C brands.

Shark Tank India Season -4 Controversy

In a recent episode of Shark Tank India in February 2025, Mohit, the founder of Born Good, a detergent and liquid cleaning startup, pitched his business to the panel of investors. He requested Rs 70 lakh for 1% equity, valuing his company at Rs 70 crore. Mohit aimed to raise Rs 12 crore but left without a deal after facing tough questions from investor Aman Gupta, who criticized his execution skills and compared him unfavorably to Kopara’s founder, Simran. Peyush Bansal defended Mohit, saying Aman crossed the line by making direct comparisons and that Mohit deserved a fair chance to explain his business. He added that emotions ran high due to competing investments, which influenced Aman’s harsh tone. Meanwhile, Aman stood by his tough stance, citing concerns about founder-market fit.

Peyush Bansal – Controversy

In one of the episodes of the Indian reality show, ‘Shark Tank India’, Peyush Bansal was caught in a controversy. He passed down some comments related to CA, which later offended the CA community. The aftermath of comments led to the trend of #SayNoToLenskart on social media platforms, especially among CAs.

Following the events, Peyush Bansal took to social media, where he shared a post asking for an apology.

Peyush Bansal – Awards & Achievements

Some of his achievements are as follows:

Awarded Innovator of the Year Award at NDTV Indian of The Year Awards 2023-24
He received the ‘India TV Yuva Awards in 2015
Red Herring Top 100 Asia Award 2013
Emerging Entrepreneur of the Year Award in 2012
British Honors Award at McGill University
Best 40 under 40 Entrepreneurs 2019 Fortune India

Peyush Bansal – Unknown Facts

He loves watching suspense and thriller shows/web series.
He loves to travel during his free time.
He looks up to Bill Gates.
His favorite sport is Cricket.

Peyush Bansal – Quotes

💡

I think Passion is the most important thing.

💡

As a budding entrepreneur, one should focus on value creation more than anything else.

FAQs

What is Lenskart owner name?

Peyush Bansal along with Amit Chaudhary and Sumeet Kapahi are Lenskart owners.

Who is Lenskart CEO?

Peyush Bansal is the co-founder and CEO of Lenskart.

What is Peyush Bansal age?

Peyush Bansal is 39 years old, he was born in 1985.

Who is Peyush Bansal father or who are Peyush Bansal parents?

Peyush Bansal’s father’s name is Bal Kishan Bansal, and his mother’s name is Kiran Bansal.

What is the net worth of Peyush Bansal?

The net worth of Peyush Bansal is approximately INR 600 crore as of 2024.

Who is Peyush Bansal wife?

Nidhi Bansal is the wife of Peyush Bansal. They got married in 2011.

What is Peyush Bansal education?

Bansal has an Electrical Engineering degree from McGill University in Canada.

How Peyush Bansal started Lenskart?

Peyush Bansal started Lenskart in 2010 to make quality eyewear affordable and accessible. He began by selling eyeglasses online, focusing on solving vision problems in India.

What did Peyush Bansal study?

Peyush Bansal tried for IIT but could not get into any college, he completed his Bachelor of Engineering from McGill University, Canada, and did the Management Programme for Entrepreneurs and Family Businesses (MPEFB) at IIM Bangalore.

How much stake does Peyush Bansal have in Lenskart?

Peyush Bansal has a 4.7% stake in Lenskart as of September 2024.

June 26, 2025

Success Story of Anand Mahindra – The Face of the Automobile Industry

The Indian industrial and automobile sector is one of the most influential contributors to the financial growth of the country. Now, amongst all the big names in the Indian automobile sector, the mane of Anand Mahindra is one to reckon with. He is the chairman and Managing Director of Mahindra and Mahindra, the largest Indian automobile company. As the country grows in the startup sector, Anand is one of the names who have helped the country grow in this sector.

So, Anand Mahindra: The face of the Automobile Industry, How? Let’s take a look at the success story of Anand Mahindra that how he becomes such a great leader and the face of the automobile industry.

Anand Mahindra – Biography

Name	Anand Mahindra
Born	1 May 1955, Mumbai
Age	65
Citizenship	Indian
Education	Lawrence School, Harvard University, Harvard Business School
Title	Chairman and M.D of Mahindra & Mahindra
Net Worth	2000 Million USD (2021)
Awards	Padma Bhushan

Anand Mahindra – Net Worth
Anand Mahindra – Personal Life and Education
Anand Mahindra – A Leader
Anand Mahindra – Brand Mahindra
Anand Mahindra – Awards and Recognition
Anand Mahindra – Charitable Works
Anand Mahindra – An Inspiration
FAQs

Anand Mahindra – Net Worth

As per Forbes, Anand Mahindra’s Net Worth stands at 200 crores USD (2021). In India, Anand has elevated the Mahindra Group from a jeep and truck producing firm to a multi-national company. The company produces Utility Vehicles, Multi Utility Vehicles, and Sports Utility Vehicles.

Apart from the Mahindra Group, Anand is also a co-promoter of Kotak Mahindra Bank. This company became one of the leading private sector banks in 2003. Well, talking about Anand’s net worth, Anand’s flagship company Mahindra Group is about USD 1.1 billion.

Anand Mahindra – Personal Life and Education

Success Story of Anand Mahindra — Anand Mahindra Life Story

Anand Mahindra was born in 1955. His family was already into a well-known business and Anand had shown keen interest in his grandfather K C Mahindra’s business and subsequently, he joined the company. Anand’s education include graduation from Harvard College, Massachusetts, and in addition to it he has pursued his MBA from the prestigious Harvard Business School, Boston. Also, he was a very active member of the Phoenix S.K Club. Anand In 1981, he returned to India to join Mahindra Ugine Steel Company. He was appointed the post of Executive Assistant of the company.

He took giant strides in Mahindra. In 1989, he paved his way to the post of the President and Deputy Managing Director. Under his leadership, the company became one of the biggest names in the business sector. He diversified the company into a new business area. These areas were about real estate too!

His efforts to make the company successful in multiple fields were successful as he was appointed the Deputy Managing Director in 1991 and Managing Director in 1997. In the year 2003, Anand was appointed as the Vice-Chairman of the company.

Anand Mahindra – A Leader

Under Anand’s guidance and leadership, the company was successful in setting an international benchmark for other brands to follow. Anand is responsible for making the Mahindra group an efficient and aggressive competitor in the liberalized economy. A rapid growth in terms of acquisitions, as well as Greenfield business development, was experienced in the country.

One of the major instances which fueled the growth of the company was the launch of Scorpio. The SUV came into the market in 2002. Anand, with his sheer belief, Anand played the game of risk and as a result, was the winner! Scorpio, the mighty SUV made positive impressions on the company’s growth and came out as the winner.

Anand Mahindra – India’s First Leadership Talk Series

Mahindra Group’s automobile sector now makes a wide range of products. Under Anand, the company had a successful stint with LCVs and three-wheelers. Presently, Mahindra Group is a market leader in the UV segment and its empire is growing day by day.

Now, the company has shifted its focus on developing components and offering engineering services. With a plethora of strategic acquisitions of plants in China and the United Kingdom, the company has been growing day by day. Mahindra Group has international partnerships with mega-brands like Renault SA, France, Nissan, and International Truck and Engine Corporation, USA.

Anand Mahindra – Brand Mahindra

In the circuit, Mahindra Group, earlier known as Mahindra and Mahindra have evolved as a giant. It is a conglomeration of many companies that have united with a common purpose. Presently, Mahindra and Mahindra enjoys a superior position in various industries like utility vehicles, information technology, tractors, and many vacation ownerships. Anyone can estimate its growth by analyzing the developments in retails, defense, financial services, and logistics.

Mahindra Logo

Anand Mahindra – Awards and Recognition

Mahindra has many awards under his belt. He was honored with the prestigious Rajiv Gandhi Award for his outstanding contribution to the business sector. He was also honored by the Economic Times, they had honored him by the Business Leader Award in 2008-2009.

Apart from that, he won the award for the most inspiring leader in 2007 by NDTV. He has won several international awards too, the President of the French Republic conferred him with the knight of the Order of Merit. He was adjudged as the Person of the Year from Auto Monitor in 2006. In the entrepreneurship field, he had won the Asia Business Leader Award in 2006. Recently, he was ranked amongst the most influential men and women in Mumbai by Daily News and Analysis.

Anand Mahindra – Charitable Works

Anand has donated USD 10 million to Harvard’s humanities center. Well, you might be surprised to know that this was the largest donation received by Harvard! Anand also keeps a keen interest in education. Apart from being a trustee of KC. Mahindra Education Trust, he is also on the Board of Governors of the Mahindra United World College of India.

Anand was instrumental in initiating the Nanhi Kali program in 1996. This foundation aimed to provide free education to the economically underprivileged female children of the country. He is also a Trustee on the Board of The Naandi Foundation. This foundation aims to provide academic support and daily meals to 1.3 million children in government schools.

We now support education not just via philanthropy! 😊 https://t.co/NdoV2SFsGF

— anand mahindra (@anandmahindra) March 20, 2019

Under Anand’s stewardship, Mahindra and Mahindra have grown into one of the biggest companies in the country. He has employed more than 117,000 people. Mahindra and Mahindra are present in over 100 countries. Therefore, is instrumental in the development of the automobile sector worldwide.

Anand Mahindra – An Inspiration

Anand has been one of the greatest entrepreneurs in the country. By his charitable works, he has helped millions of people to achieve their dream and hence, will remain as the biggest name in the startup sector. His work ethic and willingness to serve the public has made him the biggest personality of the automobile sector. Now, as our country is developing, Anand is more of the representative of our development on the international stage.

FAQs

What is the net worth of Anand Mahindra?

Anand Mahindra has net worth of 200 Crores USD as of 2021.

Is Anand Mahindra a billionaire?

Yes, Anand Mahindra is an Indian Billionaire.

What is the no. of employees in Mahindra Group?

There are around 2,50,000 employees in Mahindra Group.

Who is Anand Mahindra’s father?

Harish Mahindra is father of Anand Mahindra.

December 15, 2021