NEW DELHI, India, March 2025 — Lenskart.com, a leader in the eyewear retail sector, proudly announces its CEO, Peyush Bansal, has been named Entrepreneur of the Year at the ET Awards. This accolade recognizes his significant contributions to creating an extensive omni-channel retail presence in the highly competitive eyewear market.
Under Bansal’s leadership, Lenskart has experienced rapid expansion, now boasting over 2,500 stores across India and Southeast Asia. Bansal’s strategic focus on scalability and profitability has been pivotal in this growth. He has consistently emphasized the importance of a clear mission and purpose in business, stating, “Businesses should be driven by a clear purpose and mission.” For Lenskart, this means improving vision accessibility globally, a commitment that remains central to the company’s operations.
Lenskart’s growth trajectory includes the strategic acquisition of the Japanese eyewear brand Own-days, enhancing its market position in Asia, particularly in Japan and Singapore. The company reported significant revenue growth, reaching Rs 5,500 crore for FY24, and is on the path to a public listing valued at approximately $10 billion.
Lenskart is Asia’s largest eyewear company, serving millions of customers through its extensive network of over 1,500 omni-channel stores across 175 cities in India, Singapore, and Dubai. The company’s vision extends beyond mere vision correction, aiming to transform how people see and experience the world through innovative and purpose-driven eyewear solutions.
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