‘Shark Tank’ Judge Verges on Billionaire Status With India IPO

Peyush Bansal founded eyewear-maker Lenskart Solutions Ltd. more than 15 years ago with partners he met on LinkedIn and grew it into a multi-billion dollar business. Now the 41-year-old entrepreneur and Indian television star is in line for a windfall.

Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size according to people familiar with the matter, and calculations from the prospectus.

Peyush Bansal

Source: Lenskart Solutions Ltd.

That would give the entrepreneur a stake close to $800 million after selling a small portion of his ...