Peyush Bansal Biography, Net Worth, Company, Age, Family

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Peyush Bansal Biography, Net Worth, Company, Age, Family will probably be mentioned right here. Read the article to know extra. It was an amazing curler coaster journey for Peyush Bansal, who stop his job in America and abruptly got here to India to launch a number one eyewear model. Co-Founder and CEO of Lenskart held a level from IIM Bangalore and was employed by Microsoft, however destiny had different plans for him, and he’s now one of many high businessmen in India. Since he turned an investor, he has turn into a family title by means of Shark Tank India’s actuality sequence.

Peyush Bansal Biography

Peyush Bansal Early Life – Peyush was born in Delhi, India, and attended Don Bosco School (Greater Kailash-II, New Delhi) for his first three years of education. In Canada, he studied electrical engineering at McGill University. Also, from the Indian Institute of Management Bangalore, Bansal holds a diploma in entrepreneurship.

Career  – In 2007, Peyush Bansal turned the CEO of Lenskart and established the corporate. He labored as a programmer for Microsoft earlier than turning into the CEO of Lenskart. He arrange Searchmycampus.com and Valyoo Technologies as nicely. In the US, these two applied sciences are specialists in promoting glasses on-line.

Peyush Bansal Net Worth

Peyush Bansal Startup – From 2007 to 2009, after returning to India, he based a number of startups and earned a administration diploma in entrepreneurship from the Indian Institute of Management Bangalore. The massive breakthrough got here with the startup Lenskart in 2010, the place his Search My Campus and others didn’t go nicely.

Bansal stands at 1.3 billion in web price. According to the most recent information, his firm reached a market cap of $10 billion. Investments are in good arms with Peyush. His achievements embody profitable the 2013 Red Herring Top 100 Asia Award.

Peyush Bansal
Peyush Bansal

Peyush Bansal Investments

Feedo in August 2020 accounted for $ 700,000 of his investments. DailyObjects was certainly one of his investments.

Peyush Bansal Company

Lenskart started promoting contact lenses on-line in Delhi NCR in 2010, based by Peyush Bansal and Amit Chaudhary. It additionally began promoting eyeglasses and sun shades in 2011.
Lenskart has established itself as one of many high eyewear manufacturers with its success.
SoftBank, a Japanese multinational conglomerate, additionally invested within the firm. The startup acquired roughly $275 million from its second’ Vision Fund. Also, this was the primary funding from ‘Vision Fund-II’ by Masayoshi Son’s group in India.
Currently, Lenskart is valued at roughly $ 2.5 billion.

Peyush Bansal household

Nimisha Bansal is his spouse. He is the son of Kiran Bansal. He additionally has an older brother.

Awarded and Recognized

  1. Awarded as one of many high 100 Asia corporations in 2012 by Red Herring
  2. In 2012, the Indian E-tail Awards named her Emerging Entrepreneur of the Year
  3. Peyush Bansal was named certainly one of India’s Hottest Business Leaders below 40 by the Economic Times

Peyush Bansal Profession

Peeyush Bansal took over as CEO of Lenskart after founding the corporate. He labored for Microsoft as a programmer earlier than turning into the CEO of Lenskart. Peeyush has additionally established Searchmycampus.com and Valyoo utilized sciences. Two applied sciences have been used within the US to promote glasses on-line.

Peyush Bansal Facts 

Originally from Delhi – A real megacity, Delhi is the place Bansal was born. Thus, it’s not shocking that it’s distinctive in numerous methods. Delhi is certainly a union territory, but it surely shares many similarities with certainly one of India’s states, as evidenced by its personal legislative and judicial our bodies. Furthermore, its city space will not be restricted to its borders however encompasses a lot of its surrounding cities, which have been pulled into its orbit by the sheer weight of its immense energy.

Graduated from McGill University – The first faculty Bansal attended was an Indian faculty. He attended McGill University in Montreal, positioned within the province of Quebec in Canada. Quebec is called a Francophone province to these unfamiliar with it. A really excessive proportion of Montrealers are fluent in English and French, making Montreal an uncommon metropolis. Students at McGill University are allowed to jot down in French for many programs, however English is the first language of instruction.

Educated in electrical engineering – Electricity, electronics, and electromagnetism are all subjects studied throughout his time as {an electrical} engineering pupil in school. Therefore, it has been additional sub-divided into numerous areas based mostly on practicality, comparable to electrical engineering and laptop engineering. Electrical engineering is older than most individuals consider as a result of it was born through the nineteenth century when telephones, electrical telegraphs, and electrical energy have been turning into extra frequent.

Shark Tank’ Peyush Bansal

Entrepreneurship research

Bangalore’s Indian Institute of Management is the place Bansal additionally studied entrepreneurship. It would appear that he made a really rational choice right here. Managing a enterprise entails numerous expertise, which is why it’s troublesome. However, even a tiny mistake can have detrimental penalties for a start-up’s prospects in the long term, making it much more difficult to run a start-up as an entrepreneur.

Worked at Microsoft for some time – Bansal labored for Microsoft as a program supervisor. He left his place to turn into an entrepreneur proves that this wasn’t sufficient for him. Bansal is without doubt one of the success tales based mostly on his present work.

His first start-up was not Lenskart. He has based a number of start-ups earlier than Lenskart. The firm isn’t the primary he has established within the eyewear sector. In 2008, Bansal based Valyoo Technologies specializing in promoting eyewear on-line within the United States, which Bansal based. Bansal’s expertise as an entrepreneur most likely contributed to Lenskart’s present success, as he put that information to make use of.

Peyush Bansal Company

Has a hybrid enterprise mannequin – As a click-and-mortar enterprise, Bansal has a hybrid mannequin. Essentially, which means that they’ve each on-line and offline operations. These operations allow companies to achieve a broader market. However, they’re extra advanced of their implementation. As there are nonetheless huge swathes of Indians missing or having minimal Internet entry, this selection shouldn’t be shocking. As India continues to make severe efforts to make the Internet extra accessible to Indian residents, will probably be fascinating to see how Lenskart’s operations evolve sooner or later.

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