Shark Tank has become so popular in India after its first launch in 2021. It attracted many entrepreneurs, startups, businesses, and investors to gather on one platform and gave them a spotlight among the Indian audience.
Peyush Bansal is one of those. Do you know who’s the founder of Lenskart.com? Well, I guess you have your answer already. Yes, it’s him. He is one of the top investors and intelligent sharks of Shark Tank India.
Here, I am going to break down his net worth. I will tell you everything about his cars, assets, income sources, businesses, and so on. So, stay tuned with me.
Table of Contents
Peyush Bansal: Entrepreneur, Businessman, And Investor
Peyush Bansal is the co-founder and CEO of leading online eyewear retailer Lenskart. He is known for his appearance as a shark (investor) in the television show, Shark Tank India.
As a renowned Indian entrepreneur has made a significant impact on the business world with his innovative ventures. With his hard work and skills, he has become a symbol of inspiration for aspiring entrepreneurs. As of 2023, Peyush Bansal’s net worth is estimated to be around Rs. 600 crores ($75 million).
- Peyush Bansal Net Worth: $75 million
- Peyush Bansal’s Net Worth In Rupees: Rs. 600 crores
- Peyush Bansal’s Yearly Salary: $7 million or Rs. 60 crores
- Peyush Bansal’s Monthly Salary: $0.6 million or Rs. 5 crores
Early Life and Education
Peyush Bansal was born on April 26, 1985. He belonged to a middle-class family in Delhi. He completed his early education at Don Bosco School in New Delhi.
His father was a chartered accountant, which provided a stable financial background to his family. He wanted to pursue further studies at IIT for higher studies. However, fate had a different plan for him.
Despite his hard work and determination, Peyush couldn’t secure admission to IIT. Undeterred by this setback, he decided to explore international opportunities for further education. Later, he decided to join McGill University in Canada for a B-Tech degree in Electrical Engineering.
After completing his undergraduate studies, Peyush Bansal worked at Microsoft as a Program Manager for a short time which is one of the world’s largest tech companies. Well, Microsoft is one of the richest companies with the richest packages. But Peyush wanted to do something different.
He wanted to become an entrepreneur and returned to India in 2007. After reaching here, he launched SearchMyCampus which is a vocational service that helps college students to get internships, coaching, and part-time jobs.
Although SearchMyCampus didn’t gain much traction, it laid the foundation for his entrepreneurial journey. Peyush’s determination and relentless efforts led him to establish several other businesses, including Flyrr, Watchkart, Bagskart, and JewelsKart. These ventures provided valuable experiences and insights into the business landscape in India.
The Birth of Lenskart: Lenskart Net Worth
Lenskart to success. The brand’s popularity soared, and it became a household name for eyewear solutions in India. By 2019, Lenskart achieved the coveted status of a unicorn, with a valuation of $1.5 billion, making it one of India’s most successful startups.
Lenskart’s Growth and Impact
With a vision to bring clear vision to every corner of India, Lenskart expanded rapidly, establishing over 1550 outlets across the country. The company adopted a franchise model to penetrate different regions effectively.
Lenskart’s commitment to providing quality eyewear and accessible eye check-up facilities contributed to its widespread acceptance and success.
Additionally, Lenskart’s growth was fueled by strategic acquisitions and partnerships. In 2022, Lenskart acquired the majority of the Japanese eyewear company Owndays, further consolidating its position as a dominant player in the eyewear market.
Shark Tank Investment
|Week||Net Investment Of Peyush Bansal|
|Week 1||Rs. 2.3 crores|
|Week 2||Rs. 3.13 crores|
|Week 3||Rs. 4.8 crores|
|Week 4||Rs. 8.12 crores|
|Week 5||Rs. 8.86 crores|
|Week 6||Rs. 9.45 crores|
|Week 7||Rs. 11.83 crores|
|Week 8||Rs. 14.08 crores|
|Week 9||Rs. 14.96 crores|
|Week 10||Rs. 16.16 crores|
|Week 11||Rs. 16.16 crores|
Here is the list of some startups in which he has invested.
- Rs. 1405 crores in Shiprocket with other sharks or investors
- Rs. 9.8 crores in DailyObjects.com with other sharks or investors
- Rs. 171 crores in Smiles.ai
- Rs. 5.3 crores in inFeedo with other sharks or investors
- Rs. 25 Lakhs in The Yarn Bazaar
- Rs. 25 Lakhs in PNT Solutions
- Rs. 33.3 Lakhs in Humpy A2 Milk and Organic Farms
- Rs. 50 Lakhs in Isak Fragrances
- Rs. 50 Lakhs in Thinkerbell labs
- Rs. 50 Lakhs in Proxgy
- Rs. 40 Lakhs in The State Plate
- Rs. 50 Lakhs in AAS Vidyalaya
- Rs. 80 Lakhs in RoadBounce
- Rs. 1 crore in Insurance Samadhan
- Rs. 20 Lakhs in Tweek Labs
Apart from his immense wealth, Peyush Bansal is known for his simplicity and humility. He prefers to lead a modest lifestyle, shying away from fan-following and extravagance. He values his family and credits their support for his achievements.
But it’s still sparkling! He lives in Faridabad’s lavish Royale Retreat (as per his wife Nidhi Mittal Bansal’s social media.) Also, he has an immense collection of cars which includes a BMW 7-series (worth Rs. 1.70 crores), a BMW X5 (Rs. 93.90 Lakh), and a Toyota Fortuner (Rs. 32.98 Lakh).
Peyush Bansal has also been actively involved in philanthropy, supporting various social causes and initiatives.
Also, Read the net worth of Bhuvan Bam, Technical Guruji, and CarryMinati.
Frequently Asked Questions: Peyush Bansal Net Worth
Is Lenskart’s owner a billionaire?
No, Lenskart’s owner Peyush Bansal is not a billionaire.
What is the net worth of Lenskart’s CEO?
The net of Lenskart’s CEO Peyush Bansal is Rs. 600 crore.
What is the salary of Lenskart’s CEO Peyush Bansal?
The salary of Lenskart’s CEO Peyush Bansal is around Rs. 60 crore per year.
Who is Peyush Bansal’s wife?
Nimisha Mittal Bansal is the wife of Peyush Bansal.
Bottom Line: Peyush Bansal Net worth and Income
Piyush Bansal has given a new vision of a self-made entrepreneur with quite impressive skills. That’s the main reason behind Rs. 600 crore Peyush Bansal’s net worth
Also, it’s important to keep in mind that the net worth of Piyush Bansal is an industry estimate that’s calculated over his net assets, income, and losses.
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