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Peyush Bansal Honored as Entrepreneur of the Year at ET Awards for Lenskart’s Impactful Growth

Smita SinghbySmita Singh
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Peyush Bansal Honored as Entrepreneur of the Year at ET Awards for Lenskart's Impactful Growth

Peyush Bansal Honored as Entrepreneur of the Year at ET Awards for Lenskart's Impactful Growth

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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.

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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.

INDIA banega HAPPY INDIA with HPTW Certification: Register Your organization for HPTW Certification
INDIA banega HAPPY INDIA with HPTW Certification: Register Your organization for HPTW Certification (Singapore Trade Mark)

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.

About Lenskart:

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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Tags: business growthEntrepreneur of the YearET Awardseyewear industryHappy Place to Work CertificationHPTWLeadership AppointmentLenskartomni-channel retailPeyush Bansalvision accessibility
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"HR Today" aspires to be more than just a publication; it aims to be a platform where the brightest minds in HR come together to share knowledge, insights, and foresight that can shape the future of our profession. We aim to offer a unique blend of academic rigour and practical wisdom, addressing the most pressing challenges and opportunities in the HR landscape today.

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