374:
254:
231:
203:
29:
370:'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.
455:
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.
1040:
630:
386:
1188:
552:
997:
1144:
1093:
681:
889:
837:
396:
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
1119:
578:
603:
490:
786:
1258:
760:
707:
1243:
811:
424:, Adveq Management, TPG Growth and IDG Ventures India invested a total of $ 60 million in Lenskart. The company also saw investments from
1248:
1170:
463:
invested $ 500 million in
Lenskart at a valuation of $ 4.5 billion. In June 2023, the company raised $ 100 million from ChrysCapital.
223:
864:
421:
733:
1253:
1067:
968:
460:
381:
Lenskart launched the eyewear brand John Jacobs in 2017. In
October 2017, Lenskart signed up its first brand ambassador
941:
314:
448:
362:
employee, founded
Lenskart.com in 2010 along with Amit Chaudhary and Sumeet Kapahi. In 2011, early investor
1041:"Lenskart raises another $ 25 million in series I round; announces opening of 1,000th store in the country"
1094:"Lenskart valued at $ 2.5 billion following $ 220 million investment from Temasek and Falcon Edge Capital"
522:
329:
325:
332:
and regular eyewear. It sells its products through website, mobile app and 2,000+ physical stores
467:
444:
1189:"Temasek, Fidelity pick up $ 200 million stake in Lenskart secondary deal at $ 5 billion valuation"
631:"Peyush Bansal, founder of Lenskart in India, selling eyewear talks about his business journey"
373:
1196:
734:"Lenskart's Peyush Bansal on new funding, why he shut down three other e-com sites & more"
409:
363:
1022:
452:
429:
655:
39:
708:"After Lenskart, Watchkart & Bagskart, Valyoo Technologies' Jewelskart.com Goes Live"
366:
directed the company to also sell wristwatches, bags and jewellery online to replicate
150:
916:
1237:
942:"Updated: Lenskart Is Raising INR 135 Cr. From TPG, TR Capital & IDG In Series C"
367:
355:
180:
165:
91:
382:
208:
917:"Lenskart acquires majority stake in eyewear brand Owndays in $ 400 million deal"
579:"Lenskart-backed Neso Brands raises $ 100 million, appoints Bjorn Bergstrom CEO"
553:"Lenskart revenue jumps to Rs 3,788 crore in FY23; trims losses to Rs 102 crore"
437:
160:
440:
invested around ₹200 crore in
Lenskart through his family office PremjiInvest.
425:
417:
390:
278:
246:
1200:
359:
340:
155:
1145:"Lenskart raises $ 100-mn in funding from private equity firm ChrysCapital"
28:
682:"Adjust focus: How Peyush Bansal built Lenskart into a profitable unicorn"
412:
invested $ 4 million in the company. In
January 2015, the company raised
321:
111:
57:
336:
317:
115:
52:
973:
998:"PremjiInvest invests about Rs 200 crore in eyewear portal Lenskart"
1171:"Lenskart Secures $ 200 Million, Poised for Billionaire Dollar IPO"
604:"Lenskart plans to hire over 2,000 employees in India by next year"
433:
372:
344:
328: company, it designs, manufactures, distributes, and retails
213:
145:
787:"Lenskart invests $ 4 million to expand John Jacobs brand stores"
443:
Lenskart was valued at over $ 1 billion in
December 2019 after
466:
In June 2024, Lenskart secured $ 200 Million from
Temasek and
1226:
301:
890:"Lenskart announces Bhuvan Bam as its new brand ambassador"
1023:"SoftBank Vision Fund invests $ 275M in India's Lenskart"
656:"Valyoo Technologies raises $ 4M from IDG Ventures India"
491:"Lenskart may shift SE Asia manufacturing to India plant"
996:
Chanchani, Madhav; Gooptu, Biswarup (7 September 2016).
1120:"Lenskart valued at $ 4.5 billion after new financing"
812:"Lenskart ropes in Katrina Kaif as brand ambassador"
761:"John Jacobs to clock ₹500 cr revenue by March 2021"
296:
277:
267:
244:
221:
197:
189:
174:
136:
126:
106:
84:
66:
45:
35:
838:"Katrina Kaif is Lenskart's first-ever ambassador"
420:, TR Capital and IDG Ventures India. In May 2016,
865:"Expansion Plan: Lenskart eyes 50% market share"
470:in a secondary deal at $ 5 billion valuation.
377:Co-founder and CEO of Lenskart, Peyush Bansal
8:
969:"How Lenskart is defying the start-up trend"
389:positive. In March 2019, the company hired
21:
385:. In 2018, the company became profitable,
343:, with an annual production capacity of 5
20:
516:
514:
512:
451:invested $ 95 million, and in July 2021,
253:
523:"ADIA invests $ 500 million in Lenskart"
479:
1068:"KKR invests $ 95 million in Lenskart"
547:
545:
543:
335:Its manufacturing facility is located
485:
483:
447:invested $ 275 million. In May 2021,
16:Indian optical eyewear retail company
7:
629:Poduwal, Sunanda (6 November 2011).
393:as its first male brand ambassador.
14:
1259:Kohlberg Kravis Roberts companies
863:Bali, Shinmin (4 November 2018).
422:International Finance Corporation
1118:Mishra, Digbijay (4 July 2022).
252:
230:
229:
202:
201:
132:2,000+ retail stores (2022)
27:
521:Singh, Manish (15 March 2023).
1092:Singh, Manish (19 July 2021).
1066:Bhalla, Tarush (17 May 2021).
915:Singh, Manish (30 June 2022).
461:Abu Dhabi Investment Authority
263:(US$ −7.7 million) (FY23)
1:
967:Sarkar, Ranju (23 May 2016).
217:(US$ 450 million) (FY23)
1244:2010 establishments in Delhi
240:(US$ 48 million) (FY23)
894:Economic Times Brand Equity
72:; 14 years ago
1275:
1249:Eyewear companies of India
26:
184:(Chairman, MD & CEO)
1254:Eyewear brands of India
785:PTI (4 February 2018).
765:The Hindu Business Line
759:PTI (13 January 2019).
378:
869:The Financial Express
432:. In September 2016,
376:
326:vertically integrated
445:SoftBank Vision Fund
53:Prescription eyewear
1029:. 20 December 2019.
977:. Business Standard
688:. 19 September 2022
459:In March 2023, the
430:Kris Gopalakrishnan
269:Number of employees
128:Number of locations
23:
1193:The Economic Times
1124:The Economic Times
1002:The Economic Times
842:The Economic Times
714:. 16 February 2012
635:The Economic Times
557:The Economic Times
410:IDG Ventures India
379:
364:IDG Ventures India
320:company, based in
273:5,000+ (2020)
844:. 10 October 2017
662:. 1 November 2011
583:Financial Express
308:
307:
1266:
1230:
1229:
1227:Official website
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948:. 2 January 2015
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823:
818:. 9 October 2017
808:
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776:
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771:
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750:
749:
747:
745:
740:. 8 January 2015
730:
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704:
698:
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695:
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678:
672:
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619:
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615:
610:. 11 August 2021
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497:. 29 August 2022
487:
415:
399:
304:
262:
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256:
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239:
237:
233:
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224:Operating income
216:
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185:
80:
78:
73:
31:
24:
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1234:
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1195:. 3 June 2024.
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914:
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899:
897:
896:. 29 March 2019
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847:
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821:
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560:
559:. 26 April 2024
551:
550:
541:
531:
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519:
510:
500:
498:
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476:
416:135 crore from
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353:
300:
292:
270:
258:
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235:
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226:
207:
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183:
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5:
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1219:External links
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1214:
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1175:Bru Times News
1162:
1151:. 15 June 2023
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1110:
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1045:Economic Times
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151:Southeast Asia
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96:Amit Chaudhary
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400:400 million.
394:
392:
388:
384:
375:
371:
369:
368:Titan Company
365:
361:
357:
356:Peyush Bansal
350:
348:
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333:
331:
327:
323:
319:
316:
315:multinational
313:is an Indian
312:
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181:Peyush Bansal
179:
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166:United States
164:
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152:
149:
147:
144:
143:
141:
135:
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125:
117:
113:
109:
105:
99:Sumeet Kapahi
98:
95:
93:
92:Peyush Bansal
90:
89:
87:
83:
69:
65:
59:
56:
54:
51:
50:
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44:
41:
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34:
30:
25:
19:
1206:14 September
1204:. Retrieved
1192:
1183:
1174:
1165:
1153:. Retrieved
1148:
1139:
1127:. Retrieved
1123:
1113:
1101:. Retrieved
1097:
1087:
1075:. Retrieved
1071:
1061:
1049:. Retrieved
1047:. 4 May 2022
1044:
1035:
1026:
1017:
1005:. Retrieved
1001:
991:
979:. Retrieved
972:
962:
950:. Retrieved
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936:
924:. Retrieved
920:
910:
898:. Retrieved
893:
884:
872:. Retrieved
868:
858:
846:. Retrieved
841:
832:
820:. Retrieved
816:Moneycontrol
815:
806:
794:. Retrieved
790:
780:
768:. Retrieved
764:
754:
742:. Retrieved
737:
728:
716:. Retrieved
711:
702:
690:. Retrieved
686:Forbes India
685:
676:
664:. Retrieved
659:
650:
638:. Retrieved
634:
624:
612:. Retrieved
607:
598:
586:. Retrieved
582:
573:
561:. Retrieved
556:
530:. Retrieved
526:
499:. Retrieved
494:
465:
458:
442:
436:'s Chairman
407:
395:
383:Katrina Kaif
380:
354:
334:
330:prescription
324:. As a
310:
309:
302:lenskart.com
279:Subsidiaries
107:Headquarters
36:Company type
18:
1155:17 December
614:16 February
438:Azim Premji
358:, a former
289:Neso Brands
193:John Jacobs
161:Middle East
138:Area served
1238:Categories
1098:TechCrunch
1051:15 January
1027:TechCrunch
952:15 January
921:TechCrunch
744:15 January
718:15 January
712:TechCircle
692:15 January
666:15 January
527:TechCrunch
501:15 January
474:References
426:Ratan Tata
418:TPG Growth
391:Bhuvan Bam
247:Net income
176:Key people
1201:0013-0389
981:31 August
900:31 August
874:31 August
848:31 August
822:31 August
796:31 August
770:31 August
640:31 August
408:In 2011,
360:Microsoft
347:glasses.
341:Rajasthan
261:−64 crore
238:404 crore
156:East Asia
58:Opticians
791:Livemint
738:VCCircle
532:12 April
468:Fidelity
322:Gurugram
311:Lenskart
112:Gurugram
85:Founders
46:Industry
22:Lenskart
926:30 June
660:Reuters
588:22 June
453:Temasek
404:Funding
351:History
337:Bhiwadi
318:eyewear
297:Website
286:Owndays
198:Revenue
116:Haryana
75: (
67:Founded
40:Private
1199:
1129:27 May
1103:27 May
1077:27 May
1007:27 May
974:Rediff
563:27 May
387:EBITDA
212:3,788
190:Brands
946:Inc42
434:Wipro
345:crore
214:crore
146:India
121:India
1208:2024
1197:ISSN
1157:2023
1131:2024
1105:2024
1079:2024
1072:mint
1053:2023
1009:2024
983:2019
954:2023
928:2022
902:2019
876:2019
850:2019
824:2019
798:2019
772:2019
746:2023
720:2023
694:2023
668:2023
642:2019
616:2022
608:mint
590:2022
565:2024
534:2023
503:2023
495:mint
428:and
398:US$
77:2010
70:2010
449:KKR
1240::
1191:.
1173:.
1147:.
1122:.
1096:.
1070:.
1043:.
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1000:.
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892:.
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840:.
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763:.
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684:.
658:.
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606:.
581:.
555:.
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536:.
505:.
414:₹
259:₹
236:₹
209:₹
79:)
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