By Quratulain 
Peyush Bansal, the co-founder and CEO of Lenskart, has become a popular figure in the Indian business world. Best known for revolutionizing the eyewear industry in India and his appearances on Shark Tank India, Bansal’s journey from a Microsoft employee to a successful entrepreneur is truly inspiring. As of 2025, his estimated net worth is around ₹600 crore (approximately $75 million).
Early Life and Education
Born on April 26, 1985, in New Delhi, Peyush Bansal’s educational background laid a strong foundation for his entrepreneurial journey. He attended Don Bosco School and later pursued a degree in Electrical Engineering with a focus on IT, Control, and Automation from McGill University in Canada from 2002 to 2006. After completing his engineering degree, Bansal worked at Microsoft in the United States. However, driven by his entrepreneurial aspirations, he returned to India to pursue an MBA at IIM Bangalore.
Entrepreneurial Journey
In 2009, prior to founding Lenskart, Bansal explored the startup world with ventures like Flyrr, Watchkart, Bagskart, and JewelsKart. Although these businesses didn’t achieve the expected success, they provided valuable experience that paved the way for Lenskart’s creation.
Bansal co-founded Lenskart in 2010 with Sumeet Kapahi and Amit Chaudhary. Lenskart aimed to transform the eyewear industry by offering affordable and quality eyewear products online. Lenskart became a Unicorn company in 2020. Today, Lenskart has over 1,550 outlets in India and has introduced features such as home eye check-ups and virtual try-ons.In 2022, Lenskart acquired the Japanese eyewear company, Owndays for $400 million.
Net Worth and Income Streams
Peyush Bansal’s net worth is estimated to be around ₹600 crores (approximately $75 million) as of 2025. His wealth is primarily derived from his stake in Lenskart, along with income from investments and his role on Shark Tank India.
Key Highlights of Peyush Bansal’s Net Worth:
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Net Worth 2025: ₹600 Crores
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Monthly Income: ₹40+ Crores
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Yearly Income: ₹480+ Crores
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Primary Income Source: Lenskart (CEO & Founder)
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Secondary Income: Shark Tank India, Investments.
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Wealth Growth Rate: 25-30% yearly.
Bansal earns an annual salary of approximately ₹28 crores from Lenskart. As a judge on Shark Tank India, he earns INR 7 lakhs per episode. His investments include Feedo (an employee engagement platform) and dailyobjects.com (a lifestyle brand).
Investments and Assets
Peyush Bansal has diversified his wealth through strategic investments in various sectors.
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Shark Tank India investments: ₹10+ crores.
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Real estate holdings: ₹100+ crores.
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Private equity investments: ₹500+ crores.
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Stock market portfolio: ₹200+ crores.
In addition to his business assets, Bansal owns a collection of luxury cars, including BMW, Mercedes, Audi, and Land Rover.
Recognition and Achievements
Peyush Bansal’s contributions to the eyewear industry and the startup ecosystem have earned him widespread recognition. He was featured in Fortune India’s prestigious 40 Under 40 list in 2019.
Awards and Recognition
Peyush Bansal’s entrepreneurial excellence has been widely recognized. In March 2025, he was honored as Entrepreneur of the Year at the ET Awards for Lenskart’s impactful growth and innovation in the eyewear sector. He has also received accolades such as the Emerging Entrepreneur of the Year award by Indian E-tail and was listed in Fortune India’s 40 Under 40 Entrepreneurs.
Business Strategies Behind Lenskart’s Success
Bansal’s leadership has been pivotal in Lenskart’s rise to unicorn status with a valuation exceeding $1.5 billion. Key strategies include:
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Omnichannel retail model that blends online convenience with over 1,550 physical stores across India and international markets like Singapore and UAE.
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Technology integration, including AI-powered virtual try-on features and home eye check-ups to enhance customer experience.
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Affordable pricing to make quality eyewear accessible to a broad income spectrum.
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Aggressive marketing campaigns featuring celebrities such as Katrina Kaif.
Investments and Social Impact
As a judge on Shark Tank India, Peyush Bansal has invested in promising startups, including ventures supporting farmers with innovative pesticide solutions. His investments on the show reflect his commitment to nurturing new entrepreneurs.
Future Outlook
Lenskart is preparing for an initial public offering (IPO) expected within the next three years, which could significantly increase Peyush Bansal’s net worth. The company’s consistent growth, technological innovation, and expanding footprint position it as a dominant player in the global eyewear market.
FAQs About Peyush Bansal Net Worth
1. What is Peyush Bansal’s net worth in 2025?
As of 2025, Peyush Bansal’s net worth is estimated to be around ₹600 crore (approximately $75 million).
2. How did Peyush Bansal make his wealth?
Peyush Bansal’s wealth primarily comes from his stake in Lenskart, along with income from investments and his role as a judge on Shark Tank India.
3. What is Peyush Bansal’s annual salary?
Peyush Bansal earns an annual salary of approximately ₹28 crores as the CEO of Lenskart.
4. What is Lenskart’s net value?
Lenskart has a net value of $1.5 billion.
5. What percentage of Lenskart does Peyush Bansal own?
Peyush Bansal is estimated to hold about 25% to 30% of Lenskart.
6. Is Peyush Bansal an IITian?
No, Peyush Bansal is not from IIT. He holds a degree in Electrical Engineering from McGill University in Canada.
7. What are some of Peyush Bansal’s investments?
Peyush Bansal has invested in companies like Feedo and dailyobjects.com, as well as having investments in real estate, private equity, and the stock market.