Peyush Bansal on Lenskart's IPO Criticism, UPI Payments in Glasses, and More!

In this episode, Peyush Bansal sits down to talk about Lenskart’s IPO, the debate around its valuation, and why he believes the company has been priced fairly despite market chatter. He explains how Lenskart’s profitability, strong unit economics, and sustained growth make it stand apart from most consumer tech listings that were still loss-making when they went public.

We then get into how the company grew from a small tech-led eyewear startup into a global brand through vertical integration, manufacturing, and customer obsession. Peyush also discusses the next frontier, smart glasses, built in partnership with Qualcomm, and how India could lead this new form factor by developing full-stack hardware and software locally.

The conversation then goes beyond business metrics to explore his Shark Tank experience, lessons in scaling culture, counterintuitive insights on Indian consumers, and how he stays grounded amid success, criticism, and the chaos of IPO day.

00:00 - Intro
00:52 - IPO Launch Day Experience
02:18 - The Valuation Debate
08:22 - Shark Tank Impact
09:48 - Lenskart Origin Story
13:49 - Evolution from Startup to Global Company
16:38 - Smart Glasses & Future of Computing
25:29 - The Road to Profitability
29:05 - Post-IPO Team Motivation
32:37 - Counter-Intuitive Consumer Insights
38:04 - Dealing with Success & Criticism Receive SMS online on sms24.me

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