Lenskart Solutions PVT LTD Company Profile

Lenskart Solutions Pvt Ltd
COMPANY PROFILE
Lenskart Solutions Pvt

Ltd
REFERENCE CODE: GD2509479

PUBLICATION DATE: 23 Aug 2022

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Page 1
TABLE OF CONTENTS
Key Facts ......................................................................................................................... 3

Company Overview ........................................................................................................4
History ............................................................................................................................. 5
Locations And Subsidaries ...........................................................................................7
Top Competitors .............................................................................................................8
Major Products & Services ............................................................................................9
News .............................................................................................................................. 10
Appendix .......................................................................................................................12
TickerCompanyAddress
Lenskart Solutions Pvt Ltd Page 2

Key Facts
KEY FACTS
Head Office Lenskart Solutions Pvt Ltd

D 12/2
Okhla Industrial Area Phase - II
Faridabad
Delhi
India
Phone
Fax
Web Address www.lenskart.com
Revenue /
turnover (USD)
Financial Year
End
Employees 501
Ticker
CompanyOverview

Company Overview
COMPANY OVERVIEW
Lenskart Solutions Pvt Ltd (Lenskart) provides an online shopping portal for men and women eyewear in
India. It provides goggles, contact lenses, and sunglasses, as well as frames and sunglasses for kids. It
also enables users to refer and earn various discounts and offers on their purchase.The company also
owns and operates eye-wear retail stores in India; and provides home eye check-up services in various
cities across India. Lenskart is headquartered in Faridabad, Delhi, India.
BusinessDescriptionBusinessSegme
ntCorporateStrategyHistory

History
HISTORY
Financing Agreements
Year: 2022
In January, the company invested in Tango Eye, a video analytics start-up.
Year: 2022
In May, the company's backed Neso Brands announced an investment of more than US$100 million into
eyewear brands.
Acquisitions/Mergers/Takeovers
Year: 2022
In July, the company acquired majority of stake in Owndays, a Japan’s D2C eyewear brand.
Contracts/Agreements
Year: 2022
In July, the company announced e-commerce partnership with Noon.com as part of the brand’s
expansion across the Middle East.
Plans/Strategy
Year: 2022
In August, the company announced its plans to add 50 more stores in Tamil Nadu, India.
Year: 2022
In July, the company secured an investment of US$28 million from Avendus Future Leaders Fund II.
Acquisitions/Mergers/Takeovers
Year: 2021

In April, the company acquired Dailygram Technologies (DailyJoy).
Year: 2021
In July, the company raised US$220 million from investors Temasek Holdings Pte and Falcon Edge
Capital.
Plans/Strategy
Year: 2021
In July, the company announced its plans to raise IPO of shares.
KeyEmployeesBiographiesCompany
ViewLocationsAndSubsidaries

Locations And Subsidaries
LOCATIONS AND SUBSIDARIES
Head Office
Lenskart
Solutions Pvt Ltd
D 12/2
Okhla Industrial
Area Phase - II
Faridabad
Delhi
Faridabad
Delhi
IND
www.lenskart.com
Other Locations and Subsidiaries
Dailygram Technologies Pvt Ltd Lenskart Solutions Pvt Ltd

23A Saket Nagar
Varanasi
Varanasi
IND
www.dailyjoy.co.in
Owndays Inc.
Higashi 2-2-8 Sphere Tower
Shinagawa-ku
Tokyo
Shinagawa-ku
Tokyo
JPN
www.owndays.com/
SwotAnalysisRevenueAnalysisTopCo
mpetitors

Top Competitors
TOP COMPETITORS
The following companies are the major competitors of Lenskart Solutions Pvt Ltd
Coastal Contacts Inc
MajorProductsandServices

Major Products & Services
MAJOR PRODUCTS & SERVICES
FinancialRatiosNews

News
NEWS
25 Aug 2022 : Lenskart adds to Dubai footprint
The biggest eyewear brand in Asia has announced the launch of its sixth unit which is situated in the
Dubai Mall. Continuing its new omni-channel approach, the new Lenskart store includes state-of-the-art
Artificial Intelligence technology with a 3D Try-On...
09 Aug 2022 : Lenskart expands presence, to add 50 more stores in Tamil Nadu, India
Continuing its expansion in south, Lenskart - India’s omni channel eyewear brand has crossed and
opened more than 150 stores in Tamil Nadu.
01 Jul 2022 : Lenskart signs strategic partnership with Japanese eyewear brand Owndays
India’s leading eyewear Lenskart has signed a strategic partnership Japanese direct-to-consumer
eyewear brand Owndays to create Asia’s largest omnichannel eyewear business.
01 Jul 2022 : Eyewear retailer Lenskart announces e-commerce partnership with Noon
Lenskart, Asia’s largest eyewear retailer announced a partnership with the region’s leading e-commerce
platform Noon.com as part of the brand’s expansion across the Middle East.

30 May 2022 : Lenskart-Backed Neso Brands announces USD 100+ million funding for eyewear
brands and appointment of DTC executive Bjorn Bergstrom as CEO
Eyewear House Neso Brands announces investment of more than USD 100 million into eyewear brands.
16 May 2022 : Lenskart-backed Neso Brands raises over $100 mn, appoints new CEO
Omnichannel eyewear unicorn Lenskart-backed Neso Brands on Monday said it has raised over $100
million in seed funding, along with announcing to appoint Bjorn Bergstrom as the new CEO.
04 May 2022 : Lenskart strengthens retail footprint, opens 1,000th on-ground store
Lenskart, Asia's largest omnichannel retailer and manufacturer of premium quality and contemporary
eyewear, has successfully launched 1,000 stores in 22 states in the country. In FY 22 Lenskart added
over 400 stores pan India, expanding its presence in 61 ...

Appendix
Appendix
The data and analysis within this report is driven by GlobalData.
GlobalData gives you key information to drive sales, investment and deal making activity in your
business.
Our coverage includes 200,000 + reports on 185,000+ companies (including 150,000+ private) across
200+ countries and 29 industries. The key industries include Alternative Energy, Oil & Gas, Clean
Technology, Technology and Telecommunication, Pharmaceutical and Healthcare, Power, Financial
Services, Chemical and Metal & Mining.
Methodology
GlobalData company reports are based on a core set of research techniques which ensure the best
possible level of quality and accuracy of data. The key sources used include:
• Company Websites
• Company Annual Reports
• SEC Filings
• Press Releases
• Proprietary Databases
Notes
• Financial information of the company is taken from the most recently published annual reports or SEC
filings
• The financial and operational data reported for the company is as per the industry defined standards
• Revenue converted to USD at average annual conversion rate as of fiscal year end
About GlobalData
GlobalData is one of the world’s leading providers of company operational data and strategic analysis,
providing detailed information on tens of thousands of companies globally. Our highly qualified team of
Analysts, Researchers, and Solution Consultants use proprietary data sources and various tools and
techniques to gather, analyze and represent the latest and the most reliable information essential for
businesses to sustain a competitive edge. Data is continuously updated and revised by large teams of
research experts, so that it always reflects the latest events and information. With a large dedicated
research and analysis capability, GlobalData employs rigorous primary and secondary research
techniques in developing unique data sets and research material for this series and its other reports.
GlobalData offers comprehensive geographic coverage across world’s most important sectors, focusing
particularly on energy and healthcare.
Contact Us
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[email protected]
Disclaimer
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profiled.
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Lenskart Solutions Pvt Ltd

Lenskart Solutions Pvt

REFERENCE CODE: GD2509479

Lenskart Solutions Pvt Ltd

Key Facts ......................................................................................................................... 3

Lenskart Solutions Pvt Ltd Page 2

Head Office Lenskart Solutions Pvt Ltd

Lenskart Solutions Pvt Ltd Page 3

Lenskart Solutions Pvt Ltd Page 4

In January, the company invested in Tango Eye, a video analytics start-up.

Lenskart Solutions Pvt Ltd Page 5

In April, the company acquired Dailygram Technologies (DailyJoy).

In July, the company announced its plans to raise IPO of shares.

Lenskart Solutions Pvt Ltd Page 6

Locations And Subsidaries

LOCATIONS AND SUBSIDARIES

Other Locations and Subsidiaries

Dailygram Technologies Pvt Ltd Lenskart Solutions Pvt Ltd

Lenskart Solutions Pvt Ltd Page 7

Coastal Contacts Inc

Lenskart Solutions Pvt Ltd Page 8

Major Products & Services

MAJOR PRODUCTS & SERVICES

Lenskart Solutions Pvt Ltd Page 9

Lenskart Solutions Pvt Ltd Page 10

Lenskart Solutions Pvt Ltd Page 11

Lenskart Solutions Pvt Ltd Page 12

All Rights Reserved

Lenskart Solutions Pvt Ltd Page 13

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