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Home Blog

How Lenskart Started

Peeyush Bansal

business_admin by business_admin
January 22, 2023
in Blog, Contributors
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How Lenskart Started
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Peeyush Bansal doesn’t need any introduction, the world knows him because of his hard work and smart work, the founder and CEO of Lenskart. Peeyush Bansal has had a fruitful journey since starting his e-commerce venture in 2010.

 

Peeyush Bansal was born and brought up in Delhi India, he has done his early schooling at Don Bosco School Greater Kailash Delhi further Peeyush Bansal appeared for IIT JEE but wasn’t able to get a college and he took a flight to Canada and studied Electrical Engineering from Mc Gill University came back and done his MPEFB management from IIM Bangalore.

 

Peeyush Bansal wanted to gift his girlfriend something special or different but ended up finding nothing. Then the idea came up to start online shopping and that’s when the journey of Lenskart started.

Accel Partners and Norwest Venture Partners showed their trust in Lenskart’s idea and invested $3 million. The idea was successful so started in Singapore and Dubai as well in 2015 and 2016 with a total investment of $11 million. In 2017 the company was valued at $2 billion.

 

A big part given to the Economy of India too by Lenskart as now has 1 million customers and 10 million products shipped by itself.

The Product of Lenskart

Its product verifies by the name only. It has plenty of varieties of lenses and frames. They made it really easy for people to go online and shop, it has an easy policy for returns as well to make sure Lenskart will be always people’s first choice.

 

The employees are also highly skilled and supported to provide the best services via phone or email. It is now so successful that it is now operating in 11 countries across the Asia Pacific and Europe.

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