Back

vishakha Jangir

ย โ€ขย 

Set2Scoreย โ€ขย 4m

๐—›๐—ผ๐˜„ ๐˜„๐—ฎ๐˜€ ๐—น๐—ฒ๐—ป๐˜€๐—ธ๐—ฎ๐—ฟ๐˜ ๐˜€๐˜๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฑ ? Lenskart was founded in 2010 by Peyush Bansal, along with Amit Chaudhary and Sumeet Kapahi. The company started as an online platform selling eyewear, focusing on affordability and accessibility. It introduced features like virtual try-on technology to enhance the customer experience. Over the years, Lenskart expanded to offline retail stores, adopting an omnichannel approach. It gained popularity by offering high-quality eyewear at competitive prices and catering to a diverse customer base. Lenskart partnered with renowned international eyewear brands and launched its in-house brand. The company raised significant funding from investors like SoftBank, KKR, and Temasek. Lenskart expanded internationally, including in Southeast Asia, the Middle East, and the U.S. markets. It emphasized technological innovation, including AI-based solutions for eye prescriptions and recommendations. Lenskart is making headlines as it prepares for a significant IPO, aiming to raise $750 million to $1 billion. What do you think ?

3 replies11 likes
Replies (3)

More like this

Recommendations from Medial

Image Description

Mahendra Lochhab

Content creatorย โ€ขย 4m

Lenskart was started by Peyush Bansal, Amit Chaudhary, Sumeet Kapahi in 2010. Piyush Bansal formerly worked at Microsoft. In 2007 Bansal returned to India to start his own startup. In 2008 Piyush Bansal started 'Find My Campus' to help university s

See More
1 replies8 likes
1
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 2m

The Indian eyewear market, including sunglasses, is projected to reach USD 11.93 billion by 2033.

1 replies1 like
Image Description
Image Description

Vaibhav Babruwan Shingde

Studentย โ€ขย 4m

Lenskart IPO Also Coming Soon! โ€ข Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion. โ€ข In FY24, Lenskart generated โ‚น5,427 crores in revenue, a 23% increase from the last financial year

See More
12 replies7 likes
1
Image Description

chandan jha

SIGMA 0609ย โ€ขย 4m

Do you guys still feel Lenskart and Boat are the startups.????๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ

1 replies2 likes

Mahendra Lochhab

Content creatorย โ€ขย 7m

In 2023, the Indian eyewear market was valued at US$9.7 billion. It is expected to grow to US\$13.58 billion by 2030 and US$18.48 billion by 2032

0 replies5 likes
Image Description
Image Description

Ashish Singh

Finding my self ๐Ÿ˜ถโ€๏ฟฝ...ย โ€ขย 4m

๐ŸคฏLenskart is planning to go public by the end of 2025, targeting a valuation of $7-8 billion. The company aims to raise $750 million to $1 billion through its IPO. Despite reporting a minor loss of โ‚น10 crore on revenues of โ‚น5,427 crore in FY24, Lens

See More
19 replies36 likes
7

Startup flash

ย โ€ขย 

Medialย โ€ขย 3d

Cred is in talks to raise $75 million from existing investors, including GIC, RTP Global, and Sofina, at a valuation of $3.5 billion, which is a significant decrease from its previous valuation of $6.4 billion.

0 replies2 likes
Image Description

SamCtrlPlusAltMan

ย โ€ขย 

OpenAIย โ€ขย 5m

How & why did zepto/lenskart grew to where it is now? What are the Trends & Challenges in the Indian Startup ecosystem? ft. Aadit Palicha, Peyush Bansal and more.

1 replies29 likes
11
Image Description

Shanu Chhetri

CS student | Tech En...ย โ€ขย 13d

IIT Bombay is opening its first international campus in Japan This joint venture with Tohoku University will focus on advanced fields like AI, robotics, and clean energy, aiming to strengthen research and technology collaboration between India and J

See More
1 replies1 like

Mohammed Zaid

Building-HatchUp.aiย โ€ขย 6m

Bitcoin has reached a record high of $75,395, driven by a mix of factors including anticipated U.S. fiscal policies under Trump's administration, China's significant fiscal stimulus, easing Middle East tensions, and increased institutional adoption,

See More
0 replies4 likes

Download the medial app to read full posts, comements and news.