Indian startups are thriving at the moment. People are seeking possibilities and turning them into incredible enterprises. Peyush Bansal, a co–founder of Lenskart, thinks that in this situation, we should search for widespread issues and attempt to resolve them. Money will come if we begin to perform that business. This man and his business made the decision to offer his fair share of remedies to India’s millions of blind people.
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Peyush is a tech-savvy entrepreneur who supports companies with a noble mission. His involvement in Shark Tank India turned out to be beneficial for business owners in terms of investments and advice. He made investments in a variety of firms, including Smiles.Ai and Isak.
Who is Peyush Bansal?
Entrepreneur Peyush was born in Delhi, India, in the year 1985. He serves as Lenskart ‘s co–founder, CEO, and chief people officer. His undergraduate studies were accomplished at McGill University, while his postgraduate work was finished at the IIM Bangalore. In the United States, he has also worked for Microsoft Corporation. He and his co-founders established the renowned business Lenskart in 2010. The selection of eyeglasses, sunglasses, and contact lenses is extensive.
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Here is the List of Startups Funded by Peyush Bansal
AAS Vidyalaya
Everywhere, Anytime AAS Vidyalaya often known as School, built itself as the nation’s first entirely online educational institution. The business wants to make education more widely available.
Students who are unable to physically attend lessons can still access them. It’s a platform at any time of the day in an online format. Bansal put out Rs.50 lakhs for a 5 % stake. Vikas Kakwani created the business.
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Polish Me Pretty
Polish Me Pretty appeared in Shark tank india Season-3. Mumbai- based Polish Me Pretty is a new age virtual internet nail salon providing ready to wear nails which are handmade, handcrafted and hand polished to customers.
Their nails are reusable, trendy & pocket friendly. Anoushka Rele is the founder of Polish Me Pretty. successfully secured deals with shark Peyush Bansal and received valuable mentorship to help grow their business, Polish Me Pretty.
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WeHear
WeHear appeared in Shark Tank India Season 3. Gujarat-based WeHear offers cost-effective hearing solutions using advanced technology. WeHear is an Ear health-friendly smart headphone device.
Kanishka Patel & Raj Shah are Co-founders of WeHear. They are on a mission to develop technologies to prevent lifestyle hearing loss and products to avoid surgical interventions for deaf individuals.
They successfully received an offer and secured a deal with shark Piyush Goyal and received valuable mentorship to help grow their business, WeHear.
Read also- List of Startups Funded by Aman Gupta.
Isak Fragrances
Isak Fragrances appeared in Shark Tank India Season-1. Lucknow, Uttar Pradesh-based Isak Fragrances is a startup focused on creating handcrafted and personalized perfumes and attars that offers a modern take on Indian heritage in a diverse range.
Their fragrances appeal to a global audience with a fusion of tradition and innovation, with the use of naturally derived notes and rare ingredients. Vidushi Vijayvergiya is the founder of Isak Fragrances.
Vidushi successfully received an offer and secured deal with shark Piyush Bansal and received valuable mentorship to help grow their business, Isak Fragrances.
Know about the Isak Fragrances's Fundrasing in Shark Tank India Season 1.
FarmDidi
FarmDidi is a platform where women cook food at home, they already have the skill and they can earn income by using it. They are making pickles and chutneys in the traditional way of the village and earning income.
Train village women on food business through the FarmDidi App. They visit villages to teach them how to make quality and hygienic food products. Over 1,500 Didis are associated. Over 70 Didis are Farm didis.
They accepted the offer of Rs.1 Cr. for 10% equity, valuing the company at Rs.10 Cr. and finalised the deal with Sharks Peyush Bansal and Vineeta Singh.
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Without
Anish Kishore Malpani is the founder of Without. He started "Without," a social enterprise focused on increasing the value of waste through deep tech and fairly redistributing that value to stakeholders in the supply chain, especially those that are the most poor: waste-pickers.
This is the World's first recycled sunglasses crafted from chips packets. The technology, which is patent-pending, separates multiple layers of MLP. Through this process repurposes the extracted materials to produce sunglasses and other products. This process ensures the products are of high quality, durable, lightweight, and recyclable.
Anish successfully secured a deal with sharks Peyush and Ronnie and received valuable mentorship to help grow their busines, Without.
Also read- Startups Funded by Vineeta Singh.
Kibo By Trestle Labs
Bonny Dave and Akshita Sachdeva are the founders of Kibo by Trestle Labs. They started this AI- powered technology for the visually impaired. Al-Powered Patented Technology Capable of Reading Out Loud Any Document in Multiple Languages.
They are now empowering 1,00,000+ visually impaired individuals across 9 countries and have made 600+ institutions inclusive. This technology provides real-time text to audio conversion in MP3 format with high contextual accuracy, handwriting recognition, Indian language recognition, and unique selling propositions.
They successfully secured a deal of joint offer with sharks Peyush and Ronnie and received valuable mentorship to help grow their business, Kibo by Trestle Labs.
Know about the Kibo By Trestle Labs's Fundrasing in Shark Tank India.
Tramboo Sports
Hamaad Tramboo and Saad Tramboo are founders of Tramboo Sports. Hamaad is 18 years old, and he is currently studying BBA in Kashmir. Saad is 20 years old, and he is studying BBA in his second year in Bangalore.
They established a sporting goods manufacturing business, Tramboo Sports. Tramboo Sports sells the best-quality Kashmir Willow cricket bats with the aim of making cricket affordable and accessible for everyone.
Tiggle
Anuva Kakkar is the founder of Tiggle. She is from Agra. She completed graduation in 2019. While in college, she developed an obsession with entrepreneurship.
She started her journey by selling hot chocolate outside the metro stations in Delhi and Gurugram. She started the business Food and Beverage Services, 'Tiggle.' Tiggle is the best hot chocolate brand.
They successfully received a joint offer from Amit Jain and Peyush Bansal and received valuable mentorship to help grow their business, Tiggle.
Also read- Know about Tiggle's Fundrasing in Shark Tank India.
Dil Foods
Dil Food is a virtual restaurant operator. Dil Food develops fresh food brands that draw inspiration from various regions and cultures in India, collaborating with both small and large existing restaurants in the country for its last-mile cooking and final distribution.
It is Standardised, Hygienic and Regional Indian Food. Her mission is to create a sustainable ecosystem in the restaurant industry, a sector where many restaurants are closing due to low revenue or profit, in a way that will benefit them. Brands, recipes, and supply chains are owned by Dil Foods.
They successfully received a joint offer from sharks Vinneta, Radhika, Peyush, and Ritesh, secured a deal with four sharks, and received valuable mentorship to help grow their business, Dil Foods.
Hair Original
A variety of hair care and style products are available under the name “ Hair Originals ”. Popular for its dedication to utilising natural ingredients and cutting h formulations. In 2018, Ashish Tiwari, Jitendra Sharma, and Piyush Wadhwani established Hair Original.
The business offers its clients Hair extensions created from 100 % unprocessed, remy Indian Hair supplied by donors. Bansal gave the business INR 20 Lakhs in exchange for a 1.3 % stake.
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Sunfox Technologies
Sunfox Technologies is an ECG device manufacturer that was established in 2016 by Rajat Jain, Nitin Chandola, Sabit Rawat, and Saurabh Badola.
The company’s product, called Spandan, was developed using AI and along with other mechanical advancements. For a 1.2% stake, Piyush Bansal has invested INR 20 lacs in Sunfox Technologies.
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Find Your Kicks
In 2020, Danish Chawla and Simardeep Singh founded the business, which serves as a marketplace for the purchase and sale of upscale footwear and clothing. It is India’s largest and most trustable sneaker marketplace with a surety of 100% authentic guarantee.
Peyush Bansal contributed rupees 10 lakhs for 5% equity in Find Your Kicks India in Shark Tank India.
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Road Bounce
Peyush Bansal has invested in the promising startup “Road Bounce”, demonstrating his belief in the mission and potential of the business. The business wants to use cutting-edge technology advancements to revolutionize the Road Infrastructure industry.
With their road tracking software, which also gives users Information about various road factors, this firm assists passengers in navigating the conditions of the roads. In 2016, Ranjit Deshmukh started it. Piyush Bansal has contributed INR 80 lacs in exchange for 20% of the company.
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Ship rocket
It is a platform for online shopping shipping and enablement that provides discounted freight rates. It was established in 2012. This handles the whole process, which includes picking the best courier service, printing mailing labels, and tracking the orders.
The organization assists Businesses in efficiently and affordably managing their shipment and returns. Peyush Bansal and 13 other Angel investors contributed $185 Series E to the business.
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Event Beep
It is a student-focused online community that makes life simpler for them. It was established in 2017. The platform allows students to stay updated with the dynamic changes in academics and the workplace.
Additionally, it includes workshops and cultural festivals. Peyush Bansal has invested 10 lakh INR for one percent of the startup’s equity.
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inFeedo
It was established in 2013 as a SaaS- based business analytics startup. For businesses, it creates a platform for employee engagement. This makes easier for businesses to gather ideas from the public and learn about employee problems and issues.
Employees can review their companies on the platform, comment about their issues and get input from other users who remain anonymous. Peyush Bansal along with several other investors contributed $ 700k to the company’s seed round.
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Smiles.Ai
It is a 2019-founded dental health technology chain. The business specializes in teeth whitening, dental implants, invisible smile aligners, root canals, and more. Additionally, it provides home services and digital consultations.
Peyush Bansal along with 10 other investors contributed 171 crores INR to the company’s Series A fundraising round.
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Isak Fragrances
isakfragrances, its client's attar, and handmade perfumes and Fragrances, as the name would imply. Vidushi Vijayvergiya started it in 2017, and all-natural ingredients are used in the production of their goods.
Piyush Bansal contributed INR 50 lacs in exchange for 50% of the ownership of the company.
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Conclusion
Peyush Bansal’s impressive list of supported businesses exemplifies his forward-thinking approach to business and investing. Bansal’s financial assistance has allowed these entrepreneurs to realize their groundbreaking concepts through fostering innovation across several industries. His dedication to promoting technical development and assisting potential businesses highlights the crucial part he plays in influencing the startup ecosystem. Peyush Bansal’s reputation as a driver of development and innovation endures as this business grows and leaves its imprint on the world stage.
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This was our selection of the List of Startups Funded by Peyush Bansal. We hope this is useful to you. The order of this list is random.