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Lenskart: The 7-Year Struggle That Turned Into a Global Power Play Lenskart wasn’t an overnight success. In fact, they lost 7 years just trying to make it work in India. Early on, everything was tough: Getting people to buy specs online, managing offline stores, figuring out delivery and returns… it was messy. But instead of giving up, they used those years to learn everything — what breaks, what scales, and what actually works. 🔧 What did they figure out? That to win in eyewear, you can't just sell frames. You need to control everything — manufacturing, inventory, delivery, store experience, tech, pricing. So they built that. A full-stack eyewear company. Now, they don’t rely on anyone. They make their own products, run their own stores, and deliver straight to your doorstep. It’s smooth, efficient, and profitable. They also launched 14+ brands — like Vincent Chase and John Jacobs — each designed for a different kind of customer, from college kids to working professionals. 📈 And now? They're massive. Let’s talk numbers: FY25 Projected Revenue: ₹6,600 Cr Titan Eye+ Revenue: ₹700 Cr → That’s 10x bigger They’ve also built a business with: 98% customer repeat rate over 2 years 68.5% margins on their products 2,700+ franchise stores with just a 10-month payback (Most global franchises take 18–24 months) This isn’t just a D2C brand. It’s a retail-tech machine. 🌍 But here’s the real twist: Global revenue is 40% While most Indian brands are still expanding to Tier 2 cities, Lenskart is already scaling internationally — UAE, Southeast Asia, and beyond. Because why stop at a ₹80,000 Cr Indian market… When the global eyewear market is ₹15 lakh Cr? 💥 And now they’re going public Lenskart is prepping for a ₹66,000 Cr IPO — that’s a 10x revenue multiple. Is it ambitious? Yes. But they’ve got: The margins The engine The global momentum This isn’t an exit. It’s a launchpad for global domination. 💡 So what’s the takeaway? Lenskart isn’t a lucky startup story. It’s proof that long, painful years of building can turn into unbeatable advantage — if you stay the course. They cracked India the hard way. Now they’re owning the global game — profitably. If you're building something hard: Don’t rush scale. Master your system. Because someday, the world will need it.
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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
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Lenskart IPO Also Coming Soon! • Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion. • In FY24, Lenskart generated ₹5,427 crores in revenue, a 23% increase from the last financial year
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Starbucks in India: 1000 cr revenue with 300 stores - assuming avg sales per store in a year around 3 crores 33 lakhs Starbucks in the USA: 2.88L cr with 16,400 stores - assuming avg sales per store in a year around 17.5 crores Still a long way
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