Peyush Bansal Net Worth 2024, How much does Piyush hold in Lenskart?
Peyush Bansal is a well-known Entrepreneur of India. Peyush Bansal's Net Worth is $75 Million in 2024. Peyush Bansal's Success Story is very inspirational. He is the co-founder and Chief Executive Officer (CEO) of Lenskart, an Indian optical prescription eyewear retail chain.
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Lenskart, an online retailer selling sunglasses, sunglasses accessories, and other eyewear products, was founded by Bansal in 2010. The company immediately became one of the top sellers on Amazon India, and by July 2016, it had hit $10 million in yearly sales. Aside from his market interests, the Lenskart CEO has a net worth of more than 600 crore. The self-made billionaire is among India's most successful businesspeople under the age of 40.
Peyush Bansal Net Worth
Peyush Bansal has an estimated Net Worth of $75 Million in 2024. His Primary source of income is his career as an Entrepreneur. Peyush Bansal has built a successful business and entrepreneur career. Peyush is well-known in the industry for his eyeglasses company, which is currently worth billions of dollars and has made a lot of money.
| Name | Peyush Bansal |
| Net Worth 2024 | $75 Million |
| Net Worth in Indian Rupees | 600 crore |
| Source of Wealth | Businessman |
| Company Wealth | 32,000 crore |
| Last Update | 2024 |
How much does Piyush hold in Lenskart?
Bansal owns 8.21% of the company's equity, which is worth 32,000 crore. Based on the calculations, his share in the company is worth 2500 crore. In the last two seasons of Shark Tank, Peyush has invested a total of 25.30 crore. This sum is equivalent to around 4.21% of his entire net worth of 600 crore. In the second season, he was the second-largest investor behind Namita Thapar.
Peyush Bansal investment in Shark Tank
In season one of Shark Tank India, Bansal invested Rs 8.7 crore on 27 deals. In the second iteration, he has spent approximately Rs 9.45 crore in various start-up enterprises up to week six. Bansal recently told Business Today that he enjoys the American version of Shark Tank.
Peyush Bansal Success Journey
Peyush started his career as a Program Manager at Microsoft in Redmond, Washington, in 2007. His job at Microsoft was coming up with ways to improve the customer experience. The job opportunity did not interest his interest, and he chose to leave after about a year. Peyush then returned to India and began looking for business ideas. He established SearchMyCampus, a college classifieds portal, in 2007.
The gateway offered college students a variety of services such as housing, internships, transportation, books, and part-time jobs. The project was a moderate success. Meanwhile, he attended IIM Bangalore for a management diploma in entrepreneurship. He later started a couple of successful startups.
He co-founded Lenskart with Amit Chaudhary and Sumeet Kapahi in 2010. Initially, the company just offered contact lenses, but it gradually expanded its operations and began selling eyeglasses and sunglasses as well.
Following that, he co-founded eyeglasses companies such as John Jacobs (2015), Aqualens (2019), Lenskart Plus (2020), and Lenskart Vision Fund (2020). Lenskart supported all of these. Lenskart joined the unicorn club in 2019 with a $1.5 billion valuation; a unicorn is a privately held startup firm valued at more than $1 billion. Despite beginning as an internet company, Lenskart now has over 600 retail locations and over 4000 staff dispersed across the country.
He has grown his business with the use of technology and a website. This company now operates over 500 outlets in India. He rose to prominence in the television business and in India as a result of the popular show Shark Tank India. He has made numerous investments in Indian businesses. He is a well-known investor who has invested in a number of large corporations.
