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Lenskart

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385: 265: 242: 214: 40: 381:'s business. In 2011, the company launched Watchkart.com and Bagskart.com, and the following year, it started Jewelskart.com. By the end of 2014, only Lenskart.com remained operative as the company shut down its other three websites to focus on the eyewear segment. 466:
and Falcon Edge Capital (Alpha Wave Global) led a $ 220 million investment round at a valuation of $ 2.5 billion. In July 2022, Lenskart was valued at $ 4.5 billion following a $ 200 million funding round led by Alpha Wave Global.
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In June 2022, Lenskart announced the acquisition of a majority stake in the Japanese eyewear brand Owndays in a cash-and-stock deal which valued Owndays at around
1130: 589: 614: 501: 797: 1269: 771: 718: 1254: 822: 435:, Adveq Management, TPG Growth and IDG Ventures India invested a total of $ 60 million in Lenskart. The company also saw investments from 1259: 1181: 474:
invested $ 500 million in Lenskart at a valuation of $ 4.5 billion. In June 2023, the company raised $ 100 million from ChrysCapital.
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Lenskart launched the eyewear brand John Jacobs in 2017. In October 2017, Lenskart signed up its first brand ambassador
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employee, founded Lenskart.com in 2010 along with Amit Chaudhary and Sumeet Kapahi. In 2011, early investor
1052:"Lenskart raises another $ 25 million in series I round; announces opening of 1,000th store in the country" 1105:"Lenskart valued at $ 2.5 billion following $ 220 million investment from Temasek and Falcon Edge Capital" 533: 340: 336: 343:
and regular eyewear. It sells its products through website, mobile app and 2,000+ physical stores
478: 455: 1200:"Temasek, Fidelity pick up $ 200 million stake in Lenskart secondary deal at $ 5 billion valuation" 642:"Peyush Bansal, founder of Lenskart in India, selling eyewear talks about his business journey" 384: 1207: 745:"Lenskart's Peyush Bansal on new funding, why he shut down three other e-com sites & more" 420: 374: 1033: 463: 440: 666: 50: 719:"After Lenskart, Watchkart & Bagskart, Valyoo Technologies' Jewelskart.com Goes Live" 377:
directed the company to also sell wristwatches, bags and jewellery online to replicate
161: 927: 1248: 953:"Updated: Lenskart Is Raising INR 135 Cr. From TPG, TR Capital & IDG In Series C" 378: 366: 191: 176: 102: 393: 219: 928:"Lenskart acquires majority stake in eyewear brand Owndays in $ 400 million deal" 590:"Lenskart-backed Neso Brands raises $ 100 million, appoints Bjorn Bergstrom CEO" 564:"Lenskart revenue jumps to Rs 3,788 crore in FY23; trims losses to Rs 102 crore" 448: 171: 451:
invested around ₹200 crore in Lenskart through his family office PremjiInvest.
436: 428: 401: 289: 257: 17: 1211: 370: 351: 166: 1156:"Lenskart raises $ 100-mn in funding from private equity firm ChrysCapital" 39: 693:"Adjust focus: How Peyush Bansal built Lenskart into a profitable unicorn" 423:
invested $ 4 million in the company. In January 2015, the company raised
332: 122: 68: 347: 328: 126: 63: 984: 1009:"PremjiInvest invests about Rs 200 crore in eyewear portal Lenskart" 1182:"Lenskart Secures $ 200 Million, Poised for Billionaire Dollar IPO" 615:"Lenskart plans to hire over 2,000 employees in India by next year" 444: 383: 355: 339: company, it designs, manufactures, distributes, and retails 224: 156: 798:"Lenskart invests $ 4 million to expand John Jacobs brand stores" 454:
Lenskart was valued at over $ 1 billion in December 2019 after
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In June 2024, Lenskart secured $ 200 Million from Temasek and
1237: 312: 901:"Lenskart announces Bhuvan Bam as its new brand ambassador" 1034:"SoftBank Vision Fund invests $ 275M in India's Lenskart" 667:"Valyoo Technologies raises $ 4M from IDG Ventures India" 502:"Lenskart may shift SE Asia manufacturing to India plant" 1007:
Chanchani, Madhav; Gooptu, Biswarup (7 September 2016).
1131:"Lenskart valued at $ 4.5 billion after new financing" 823:"Lenskart ropes in Katrina Kaif as brand ambassador" 772:"John Jacobs to clock ₹500 cr revenue by March 2021" 307: 288: 278: 255: 232: 208: 200: 185: 147: 137: 117: 95: 77: 56: 46: 849:"Katrina Kaif is Lenskart's first-ever ambassador" 431:, TR Capital and IDG Ventures India. In May 2016, 876:"Expansion Plan: Lenskart eyes 50% market share" 481:in a secondary deal at $ 5 billion valuation. 388:Co-founder and CEO of Lenskart, Peyush Bansal 8: 980:"How Lenskart is defying the start-up trend" 400:positive. In March 2019, the company hired 32: 396:. In 2018, the company became profitable, 354:, with an annual production capacity of 5 31: 527: 525: 523: 462:invested $ 95 million, and in July 2021, 264: 534:"ADIA invests $ 500 million in Lenskart" 490: 1079:"KKR invests $ 95 million in Lenskart" 558: 556: 554: 346:Its manufacturing facility is located 496: 494: 458:invested $ 275 million. In May 2021, 27:Indian optical eyewear retail company 7: 640:Poduwal, Sunanda (6 November 2011). 404:as its first male brand ambassador. 25: 1270:Kohlberg Kravis Roberts companies 874:Bali, Shinmin (4 November 2018). 433:International Finance Corporation 1129:Mishra, Digbijay (4 July 2022). 263: 241: 240: 213: 212: 143:2,000+ retail stores (2022) 38: 532:Singh, Manish (15 March 2023). 1103:Singh, Manish (19 July 2021). 1077:Bhalla, Tarush (17 May 2021). 926:Singh, Manish (30 June 2022). 472:Abu Dhabi Investment Authority 274:(US$ −7.7 million) (FY23) 1: 978:Sarkar, Ranju (23 May 2016). 228:(US$ 450 million) (FY23) 1255:2010 establishments in Delhi 251:(US$ 48 million) (FY23) 905:Economic Times Brand Equity 83:; 14 years ago 1286: 1260:Eyewear companies of India 37: 195:(Chairman, MD & CEO) 1265:Eyewear brands of India 796:PTI (4 February 2018). 776:The Hindu Business Line 770:PTI (13 January 2019). 389: 880:The Financial Express 443:. In September 2016, 387: 337:vertically integrated 456:SoftBank Vision Fund 64:Prescription eyewear 1040:. 20 December 2019. 988:. Business Standard 699:. 19 September 2022 470:In March 2023, the 441:Kris Gopalakrishnan 280:Number of employees 139:Number of locations 34: 1204:The Economic Times 1135:The Economic Times 1013:The Economic Times 853:The Economic Times 725:. 16 February 2012 646:The Economic Times 568:The Economic Times 421:IDG Ventures India 390: 375:IDG Ventures India 331:company, based in 284:5,000+ (2020) 855:. 10 October 2017 673:. 1 November 2011 594:Financial Express 319: 318: 16:(Redirected from 1277: 1241: 1240: 1238:Official website 1223: 1222: 1220: 1218: 1196: 1190: 1189: 1178: 1172: 1171: 1169: 1167: 1152: 1146: 1145: 1143: 1141: 1126: 1120: 1119: 1117: 1115: 1100: 1094: 1093: 1091: 1089: 1074: 1068: 1067: 1065: 1063: 1048: 1042: 1041: 1030: 1024: 1023: 1021: 1019: 1004: 998: 997: 995: 993: 975: 969: 968: 966: 964: 959:. 2 January 2015 949: 943: 942: 940: 938: 923: 917: 916: 914: 912: 897: 891: 890: 888: 886: 871: 865: 864: 862: 860: 845: 839: 838: 836: 834: 829:. 9 October 2017 819: 813: 812: 810: 808: 793: 787: 786: 784: 782: 767: 761: 760: 758: 756: 751:. 8 January 2015 741: 735: 734: 732: 730: 715: 709: 708: 706: 704: 689: 683: 682: 680: 678: 663: 657: 656: 654: 652: 637: 631: 630: 628: 626: 621:. 11 August 2021 611: 605: 604: 602: 600: 586: 580: 579: 577: 575: 560: 549: 548: 546: 544: 529: 518: 517: 515: 513: 508:. 29 August 2022 498: 426: 410: 315: 273: 271: 267: 266: 250: 248: 244: 243: 235:Operating income 227: 222: 216: 215: 196: 91: 89: 84: 42: 35: 21: 1285: 1284: 1280: 1279: 1278: 1276: 1275: 1274: 1245: 1244: 1236: 1235: 1232: 1227: 1226: 1216: 1214: 1206:. 3 June 2024. 1198: 1197: 1193: 1180: 1179: 1175: 1165: 1163: 1154: 1153: 1149: 1139: 1137: 1128: 1127: 1123: 1113: 1111: 1102: 1101: 1097: 1087: 1085: 1076: 1075: 1071: 1061: 1059: 1050: 1049: 1045: 1032: 1031: 1027: 1017: 1015: 1006: 1005: 1001: 991: 989: 977: 976: 972: 962: 960: 951: 950: 946: 936: 934: 925: 924: 920: 910: 908: 907:. 29 March 2019 899: 898: 894: 884: 882: 873: 872: 868: 858: 856: 847: 846: 842: 832: 830: 821: 820: 816: 806: 804: 795: 794: 790: 780: 778: 769: 768: 764: 754: 752: 743: 742: 738: 728: 726: 717: 716: 712: 702: 700: 691: 690: 686: 676: 674: 665: 664: 660: 650: 648: 639: 638: 634: 624: 622: 613: 612: 608: 598: 596: 588: 587: 583: 573: 571: 570:. 26 April 2024 562: 561: 552: 542: 540: 531: 530: 521: 511: 509: 500: 499: 492: 487: 427:135 crore from 424: 417: 408: 364: 311: 303: 281: 269: 268: 260: 246: 245: 237: 218: 217: 194: 188: 181: 150: 140: 133: 129: 113: 87: 85: 82: 73: 28: 23: 22: 15: 12: 11: 5: 1283: 1281: 1273: 1272: 1267: 1262: 1257: 1247: 1246: 1243: 1242: 1231: 1230:External links 1228: 1225: 1224: 1191: 1186:Bru Times News 1173: 1162:. 15 June 2023 1147: 1121: 1095: 1069: 1056:Economic Times 1043: 1025: 999: 970: 944: 918: 892: 866: 840: 814: 788: 762: 736: 710: 684: 658: 632: 606: 581: 550: 519: 489: 488: 486: 483: 416: 413: 363: 360: 317: 316: 309: 305: 304: 302: 301: 298: 294: 292: 286: 285: 282: 279: 276: 275: 261: 256: 253: 252: 238: 233: 230: 229: 210: 206: 205: 202: 198: 197: 189: 186: 183: 182: 180: 179: 174: 169: 164: 162:Southeast Asia 159: 153: 151: 148: 145: 144: 141: 138: 135: 134: 131: 121: 119: 115: 114: 112: 111: 108: 107:Amit Chaudhary 105: 99: 97: 93: 92: 79: 75: 74: 72: 71: 66: 60: 58: 54: 53: 48: 44: 43: 26: 24: 18:Draft:Lenskart 14: 13: 10: 9: 6: 4: 3: 2: 1282: 1271: 1268: 1266: 1263: 1261: 1258: 1256: 1253: 1252: 1250: 1239: 1234: 1233: 1229: 1213: 1209: 1205: 1201: 1195: 1192: 1187: 1183: 1177: 1174: 1161: 1160:Business Line 1157: 1151: 1148: 1136: 1132: 1125: 1122: 1110: 1106: 1099: 1096: 1084: 1080: 1073: 1070: 1057: 1053: 1047: 1044: 1039: 1035: 1029: 1026: 1014: 1010: 1003: 1000: 987: 986: 981: 974: 971: 958: 954: 948: 945: 933: 929: 922: 919: 906: 902: 896: 893: 881: 877: 870: 867: 854: 850: 844: 841: 828: 824: 818: 815: 803: 799: 792: 789: 777: 773: 766: 763: 750: 746: 740: 737: 724: 720: 714: 711: 698: 694: 688: 685: 672: 668: 662: 659: 647: 643: 636: 633: 620: 616: 610: 607: 595: 591: 585: 582: 569: 565: 559: 557: 555: 551: 539: 535: 528: 526: 524: 520: 507: 503: 497: 495: 491: 484: 482: 480: 475: 473: 468: 465: 461: 457: 452: 450: 446: 442: 438: 434: 430: 422: 414: 412: 411:400 million. 405: 403: 399: 395: 386: 382: 380: 379:Titan Company 376: 372: 368: 367:Peyush Bansal 361: 359: 357: 353: 349: 344: 342: 338: 334: 330: 327: 326:multinational 324:is an Indian 323: 314: 310: 306: 299: 296: 295: 293: 291: 287: 283: 277: 262: 259: 254: 239: 236: 231: 226: 221: 211: 207: 203: 199: 193: 192:Peyush Bansal 190: 184: 178: 177:United States 175: 173: 170: 168: 165: 163: 160: 158: 155: 154: 152: 146: 142: 136: 128: 124: 120: 116: 110:Sumeet Kapahi 109: 106: 104: 103:Peyush Bansal 101: 100: 98: 94: 80: 76: 70: 67: 65: 62: 61: 59: 55: 52: 49: 45: 41: 36: 30: 19: 1217:14 September 1215:. Retrieved 1203: 1194: 1185: 1176: 1164:. Retrieved 1159: 1150: 1138:. Retrieved 1134: 1124: 1112:. Retrieved 1108: 1098: 1086:. Retrieved 1082: 1072: 1060:. Retrieved 1058:. 4 May 2022 1055: 1046: 1037: 1028: 1016:. Retrieved 1012: 1002: 990:. Retrieved 983: 973: 961:. Retrieved 956: 947: 935:. Retrieved 931: 921: 909:. Retrieved 904: 895: 883:. Retrieved 879: 869: 857:. Retrieved 852: 843: 831:. Retrieved 827:Moneycontrol 826: 817: 805:. Retrieved 801: 791: 779:. Retrieved 775: 765: 753:. Retrieved 748: 739: 727:. Retrieved 722: 713: 701:. Retrieved 697:Forbes India 696: 687: 675:. Retrieved 670: 661: 649:. Retrieved 645: 635: 623:. Retrieved 618: 609: 597:. Retrieved 593: 584: 572:. Retrieved 567: 541:. Retrieved 537: 510:. Retrieved 505: 476: 469: 453: 447:'s Chairman 418: 406: 394:Katrina Kaif 391: 365: 345: 341:prescription 335:. As a  321: 320: 313:lenskart.com 290:Subsidiaries 118:Headquarters 47:Company type 29: 1166:17 December 625:16 February 449:Azim Premji 369:, a former 300:Neso Brands 204:John Jacobs 172:Middle East 149:Area served 1249:Categories 1109:TechCrunch 1062:15 January 1038:TechCrunch 963:15 January 932:TechCrunch 755:15 January 729:15 January 723:TechCircle 703:15 January 677:15 January 538:TechCrunch 512:15 January 485:References 437:Ratan Tata 429:TPG Growth 402:Bhuvan Bam 258:Net income 187:Key people 1212:0013-0389 992:31 August 911:31 August 885:31 August 859:31 August 833:31 August 807:31 August 781:31 August 651:31 August 419:In 2011, 371:Microsoft 358:glasses. 352:Rajasthan 272:−64 crore 249:404 crore 167:East Asia 69:Opticians 802:Livemint 749:VCCircle 543:12 April 479:Fidelity 333:Gurugram 322:Lenskart 123:Gurugram 96:Founders 57:Industry 33:Lenskart 937:30 June 671:Reuters 599:22 June 464:Temasek 415:Funding 362:History 348:Bhiwadi 329:eyewear 308:Website 297:Owndays 209:Revenue 127:Haryana 86: ( 78:Founded 51:Private 1210:  1140:27 May 1114:27 May 1088:27 May 1018:27 May 985:Rediff 574:27 May 398:EBITDA 223:3,788 201:Brands 957:Inc42 445:Wipro 356:crore 225:crore 157:India 132:India 1219:2024 1208:ISSN 1168:2023 1142:2024 1116:2024 1090:2024 1083:mint 1064:2023 1020:2024 994:2019 965:2023 939:2022 913:2019 887:2019 861:2019 835:2019 809:2019 783:2019 757:2023 731:2023 705:2023 679:2023 653:2019 627:2022 619:mint 601:2022 576:2024 545:2023 514:2023 506:mint 439:and 409:US$ 88:2010 81:2010 460:KKR 1251:: 1202:. 1184:. 1158:. 1133:. 1107:. 1081:. 1054:. 1036:. 1011:. 982:. 955:. 930:. 903:. 878:. 851:. 825:. 800:. 774:. 747:. 721:. 695:. 669:. 644:. 617:. 592:. 566:. 553:^ 536:. 522:^ 504:. 493:^ 350:, 130:, 125:, 1221:. 1188:. 1170:. 1144:. 1118:. 1092:. 1066:. 1022:. 996:. 967:. 941:. 915:. 889:. 863:. 837:. 811:. 785:. 759:. 733:. 707:. 681:. 655:. 629:. 603:. 578:. 547:. 516:. 425:₹ 270:₹ 247:₹ 220:₹ 90:) 20:)

Index

Draft:Lenskart

Private
Prescription eyewear
Opticians
Peyush Bansal
Gurugram
Haryana
India
Southeast Asia
East Asia
Middle East
United States
Peyush Bansal

crore
Operating income
Net income
Subsidiaries
lenskart.com
multinational
eyewear
Gurugram
vertically integrated
prescription
Bhiwadi
Rajasthan
crore
Peyush Bansal
Microsoft

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