Lenskart (Series D)
Funding Details
- Awarder
- Inbox
- Date Award
- January 15, 2023
- Vertical
- E-commerce
- Funding URL
- View Funding Page
- Valuation
- $800,000,000
- Funding Amount:
- $100,000,000
Company Info
- Founding Year
- 2010
- Traction
- Lenskart has seen a 50% increase in user growth over the past year and has established partnerships with over 500 retail outlets across India.
- Revenue Amount
- $50,000,000
- ARR
- $30,000,000
- Organizations Involved
- Tata Group, Reliance Industries
- Founders
- Peyush Bansal, Amit Chaudhary, and Rajesh Bansal
- Company Description
- Lenskart is an online eyewear retailer that offers a wide range of eyeglasses, sunglasses, and contact lenses. The company utilizes advanced technology to provide virtual try-on features and personalized recommendations to enhance the customer shopping experience.
- Market
- Eyewear
- Location
- New Delhi, Delhi, India
- Coinvestors
- Sequoia Capital, IDG Ventures