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Lenskart is an Indian multinational eyewear company, based in Gurugram. ... founded Lenskart.com in 2010 along with Amit Chaudhary and Sumeet Kapahi. [6]
OUR STORY. Founded in 2010 by an ex-Microsoft 'techie' with no money but truckloads of relentless passion to make a difference in this world, Lenskart is India's fastest growing eyewear business today. With a rapidly growing business reaching out to over 100,000 customers a month via a unique combination of a strong online business at www ...
Founded in 2010, By an ex-Microsoft 'techie' with no money but truckloads of relentless passion to make a difference in this world, Lenskart is one of the fastest growing eyewear business today. Peyush along with his two co-founders Amit Chaudhary and Sumeet Kapahi founded 'VALYOO technologies'.
Nov 20, 2023 · Ritika Deshpande. November 20, 2023. Peyush Bansal is the co-founder and CEO of Lenskart, India’s largest eyewear retail chain and he is also known for being one of the judges on the reality TV show, Shark Tank India. An entrepreneur to the core, Peyush is also an angel investor, having trusted multiple startups, including Shiprocket, Lil ...
- Positives of Lenskart
- Lenskart Funding and valuation
- The Eyewear Industry
- Competition Analysis: What Makes Lenskart Stand out?
- The Bottom Line
The brand's focus is not just on the trendiness of the product but also on its durability and quality. It uses robotic technology imported specially from Germany, which allows Lenskart to be the only brand in India which is able to make eyewear with up to 3 decimals of accuracy. Catering to the Indian sentiment of – 'aur dikhao', Lenskart India has...
Lenskart funding has been done by 12 investors that include PremjiInvest, Kedaara Capital, Chiratae Ventures, TPG Growth, Ratan Tata of Tata Sons, Rajeev Chitrabhanu, Adveq, Eqip Capital, IFC Venture Capital Group, etc. It has managed to raise a sum of $1.6 billion (over ₹13,000 crore) till 2023. In December 2019, Lenskart raised $275 million from ...
Currently, almost 50% of the world population needs to wear glasses, and in India alone, almost 1/3rd of the population requires them. However, out of the 1/3rd, about 25% of them actually address their eye problem and wear spectacles. The eyewear sector in India is extremely unorganised. There are just 10,000 optometrists, whereas there is a requi...
Lenskart faces competition from both offline and online players. Some of its main competitors are GKB Opticals, Coolwinks, Specsmakers, Deals4Opticals, Lensbazaar, Vision Express, and Titan Eyeplus. Lenskart also faces competition from e-commerce giants such as Amazon, Flipkart, PayTM, etc. who also offer eyewear online. The eyewear industry is hig...
With its vision – ‘Vision to India’, Lenskart India seeks to reach the masses by coming up with a low-cost franchise model. This model, Lenskart Lite, would help them launch the system in Tier 3 and 4 cities and also increase their reach in Tier 2 cities. It also launched daily contact lenses, which can be disposed of easily. With the help of their...
Peyush Bansal. Peyush Bansal (born 26 April 1985) is an Indian entrepreneur, business executive and an angel investor. [2] He is the co-founder and CEO of Lenskart, an Indian multinational optical prescription eyewear retail chain, based in Gurugram. He is also a shark at the show Shark Tank India. [3][4]
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Sep 19, 2022 · Co-founded by Peyush Bansal, Sumeet Kapahi, Amit Chaudhary and Neha Bansal in 2008, the Delhi-based ecommerce firm rolled out Lenskart in November 2010 and started selling contact lenses.
