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Daybreak — Why Peyush Bansal did the opposite of every rulebook move before Lenskart's IPO
Scout ratingSCOUT· 23%9m·2025-09-01·News Politics

Why Peyush Bansal did the opposite of every rulebook move before Lenskart's IPO

Daybreak · 567

When Peyush Bansal spent more than Rs 200 crore to buy back Lenskart shares from investors at a deep discount, it wasn’t just a bold trade. It was a rare move few founders manage. He essentially clawed back equity before heading into an IPO. And this extra stake pushed him into “promoter” status, a role many startup…

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