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  1. In the ever-evolving landscape of retail, Lenskart has emerged as a trailblazer, revolutionizing the eyewear industry in India.Founded in 2010, the brand has redefined the way consumers shop for eyewear, leveraging technology and innovation to enhance customer experiences and bridge the gap between online and offline retail.

  2. May 21, 2020 · The company had a valuation of $1.5 billion by Dec 2019 after Softbank invested around $275 million. Peyush Bansal, a former Microsoft employee, founded Lenskart in 2010 along with Amit Chaudhary and Sumeet Kapahi. Financial backers of Lenskart include TPG Growth, International Finance Corp, and Adveq Management.

  3. Apr 6, 2023 · For instance, a location within 500-meter radius of an existing Lenskart store which is generating sales of 20Lakh+ did not qualify as a potential location. Conversely, near an existing Lenskart store having not so good performance, a new high-potential location could be recommended to boost the overall revenue in the area.

  4. Jul 31, 2022 · National, June 30, 2022: India’s leading prescription glasses company LENSKART and Japanese Direct-to-Consumer eyewear brand OWNDAYS today announced a strategic partnership via a merger to build the region’s largest Omni-channel eyewear business. This will take the group’s reach to 13 markets in Asia including India, Singapore, Thailand, Taiwan, Philippines, Indonesia, Malaysia, and Japan.

  5. Feb 3, 2024 · Lenskart manufactures a wide range of eyewear, including contact lenses, reading glasses, and sunglasses, with a portfolio that includes over 5000 models. Prioritizing customer satisfaction, Lenskart offers free home delivery and a 14-day replacement guarantee. The company's success is ascribed to elements such as a wide range of products, high ...

  6. Jul 9, 2021 · Lenskart has a B2C business model which is highly sales-oriented. They sell their product directly to customers at an affordable price. They have a wide variety of frames within a price range of Rs.345 to Rs.30,000 and also the first frame you buy is absolutely free.

  7. Lenskart, India’s leading online and offline eyewear retailer, was founded in 2010 by Peyush Bansal, Amit Chaudhary and Sumeet Kapahi. After receiving funding from Steadview Capital, Epiq Capital, and TR Capital, it received a massive $275 million from SoftBank Vision Fund in 2019 and walked into the unicorn club with a valuation of $1.5 billion