As eyewear retailer Lenskart prepares for a Rs 7,278 crore public issue, the company enters a new phase that will test whether a business built on convenience, design and data can sustain investor confidence in a public market that prizes profit over promise.

A Delhi school student who couldn’t crack the IIT entrance exam, he left for Canada to study engineering, working part-time jobs to fund his stay. That period, he has said, taught him discipline and the value of understanding consumers. After a stint at Microsoft’s Seattle office, where he learnt to approach problems from a user’s lens, Peyush Bansal returned to India in 2008.

Lenskart was founded in the same year by Bansal, Amit Chaudhary, Neha Bansal and Sumeet Kapahi, after Bansal identified a gap in India’s fragmented eyew

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