New Delhi: “No one should look up to me” said Lenskart Co-founder and CEO Peyush Bansal while speaking at the 2nd edition of Startup Mahakumbh.“One thing in hindsight that allowed us to scale to wherever we are today, and I think will continue to help in the future, is just having a very, very deep…
Project Clay, co-founded by 19-year-olds Dyumna Madan and Shivom Sood, is a mentorship platform connecting students with university mentors using an “elder sibling” approach. With 300+ vetted mentors across 10+ countries, it has grown 65% in five months. On Shark Tank India 4, they pitched for ₹15 lakh for 10% equity, valuing the company at…
Peyush Bansal, Co-founder, Lenskart Lenskart cofounder and CEO Peyush Bansal has stood out for building an omni-channel retail business in a competitive eyewear sector. The Gurgaon-based company managed to balance rapid scale with operational performance, growing to more than 2,500 stores in India and Southeast Asia, while keeping losses in check. “Businesses need to be…
Peyush Bansal, who started Lenskart from Faridabad in 2010, is looking to transform it into a global brand, aligning it with international customer experience standards. In an interview with ET, Bansal emphasised that while discussions around an initial public offering continue, the company remains focused on scale and consistency with customers which is key to…
In preparation for its IPO, Lenskart has focused on achieving complete profitability. (AI image) Lenskart IPO: Lenskart aims to double its valuation to $10 billion for its forthcoming initial public offering (IPO), as indicated by informed sources. The eyewear company plans to submit its draft documentation in May.Numerous startups spanning ecommerce, B2B and fintech sectors…
Peyush Bansal, founder and CEO of Lenskart Lenskart is considering a potential $10-billion valuation, double that of its last funding round, for its upcoming initial public offering (IPO), according to people briefed on the matter. The omnichannel eyewear retailer has set its sights on filing draft papers in May, they said. Chief executive Peyush Bansal…
Jaimit Doshi Lenskart has appointed Jaimit Doshi as its global head of marketing and chief executive officer of Hustlr, one of the eyewear retail chain‘s brand. He took to LinkedIn and made the announcement. Doshi wrote, “Yesterday I joined Lenskart.com with a dual role – as Lenskart’s Global Head of Marketing and CEO of Hustlr,…
Peyush Bansal New Delhi: Eyewear retailer Lenskart has raised around Rs 160 crore from its founders Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi, filings sourced from market intelligence platform, PrivateCircle Research showed. Peyush and Neha Bansal led the round with Rs 70.70 crore and 70.39 crore investment followed by Rs 9.60 crore from…
New Delhi: Singapore’s Temasek and US-based Fidelity have invested around USD 200 million in eyewear company Lenskart via a secondary share sale. ET last month reported that the deal was in advanced discussions, valuing Lenskart at about USD 5 billion. Temasek already owns a 5.5 per cent stake in the startup and reportedly led the…
Sony Pictures Networks India has sent a legal notice to subscription-based tea startup, Dorje Teas. This startup delivers fresh-from-farm and organic Darjeeling Tea to customers across India. In 2023, the company’s co-founder, Sparsh Agarwal, took Dorje Teas to the Shark Tank India platform and secured investments from Anupam Mittal, Peyush Bansal and Vineeta Singh.The Sharks…
