ReferIndia News IPO-Bound Lenskart's Peyush Bansal Faces Flak As Valuations Zoom 230 X PE

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IPO-Bound Lenskart's Peyush Bansal Faces Flak As Valuations Zoom 230 X PE

Published on: Oct. 29, 2025, 8:05 p.m. | Source: Republic World

Lenskart’s IPO has sparked online backlash, with users accusing founder Piyush Bansal of “startup greed” and overvaluation. Critics question the eyewear firm’s 234x PE ratio and founder payout ahead of the ₹7,200 crore issue.

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