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Peyush Bansal is an acclaimed Indian entrepreneur and business leader, best known as the Co-founder and Chief Executive Officer (CEO) of Lenskart, India's leading omnichannel eyewear retailer. An alumnus of McGill University and IIM Bangalore, he began his career at Microsoft in the USA before returning to India to pursue his entrepreneurial vision. In 2010, he co-founded Lenskart with the mission to provide high-quality, affordable eyewear to millions of Indians, revolutionizing the largely unorganized eyewear market. Under his leadership, Lenskart has grown into a multi-billion dollar unicorn with a strong presence in India and internationally. Peyush gained widespread public recognition as one of the key investors, or 'Sharks,' on the popular business reality show, Shark Tank India, where he is known for his sharp business acumen, focus on purpose-driven businesses, and supportive approach towards budding entrepreneurs.
Peyush Bansal's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Co-founded Lenskart in 2010 and scaled it into a multi-billion dollar D2C unicorn. He successfully disrupted the traditional eyewear industry in India through a vertically integrated business model, combining online and offline retail channels to offer affordable and accessible vision care.
Became a household name as a 'Shark' on the Indian version of Shark Tank. He is highly regarded for his insightful feedback, emphasis on a company's vision, and his willingness to invest in and mentor emerging entrepreneurs, significantly impacting the startup ecosystem.
Was awarded the prestigious EY Entrepreneur of the Year award in the startup category in 2019, recognizing his exceptional entrepreneurial journey and the transformative impact of Lenskart on the Indian market.
Spearheaded Lenskart's successful expansion into international markets, including Southeast Asia and the Middle East, establishing it as a significant global player in the eyewear industry.
Indian Institute of Management Bangalore - Year 2008
McGill University - Year 2002
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Lenskart is a leading omnichannel eyewear retailer that has revolutionized the industry by combining technology and fashion. From an end-user perspective, Lenskart offers a vast and affordable selection of eyeglasses, sunglasses, and contact lenses through its user-friendly website, mobile app, and over 1,500 physical stores. The company is known for its innovative services like a 3D virtual try-on feature, free home eye check-ups, and an efficient supply chain that provides high-quality eyewear directly to consumers, making vision care accessible and stylish for everyone.
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