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  • Ronnie Screwvala on the future of edtech, global ambitions and 3 unicorns in 30 years of entrepreneurship Oct 29, 2021 11:08 AM IST

    Ronnie Screwvala on the future of edtech, global ambitions and 3 unicorns in 30 years of entrepreneurship

    Education, specifically edtech, will constitute the next set of global companies emerging out of India, much like what IT did in the 2000s, says Ronnie Screwvala. But it should be a global map coming out of India, rather than trying to become a western company looking to list on foreign stock exchanges, he said.

  • Lenskart to hire over 2,000 persons by 2022 Aug 11, 2021 03:10 PM IST

    Lenskart to hire over 2,000 persons by 2022

    In addition, Lenskart will also expand its international teams in Singapore, West Asia, and the US by adding 300 more employees.

  • Lenskart raises $220 million; valuation at $2.5 billion: Report Jul 19, 2021 10:21 AM IST

    Lenskart raises $220 million; valuation at $2.5 billion: Report

    Lenskart plans to use the capital and $95 million raised from KKR in May to make investments in its supply chain, new technologies and expand in Southeast Asia and the Middle East

  • KKR to invest $95 million in Lenskart as existing investors divest portions of holding May 17, 2021 09:53 AM IST

    KKR to invest $95 million in Lenskart as existing investors divest portions of holding

    KKR will make the investment in Lenskart through its Asian private equity fund.

  • Lenskart raising over $275 mn from Softbank Vision Fund Dec 20, 2019 03:15 PM IST

    Lenskart raising over $275 mn from Softbank Vision Fund

    "Lenskart is raising USD 275+ million from Softbank Vision Fund, including some stake sale from early investors," a company statement said.

  • Keedera Capital to invest Rs 392cr in Lenskart, values eye-wear co around Rs 8,200cr Sep 16, 2019 01:55 PM IST

    Keedera Capital to invest Rs 392cr in Lenskart, values eye-wear co around Rs 8,200cr

    Kedaara Capital may also buy shares from existing investors in a secondary sale, which will raise another Rs 10 crore

  • Lenskart invests $500k in California-based startup ThinOptics May 07, 2018 07:03 PM IST

    Lenskart invests $500k in California-based startup ThinOptics

    This is Lenskart's third investment in less than a year

  • Lenskart plans to invest USD 5 million in 3 years Mar 11, 2018 02:38 PM IST

    Lenskart plans to invest USD 5 million in 3 years

    The company is looking at ramping up the manufacturing at its facility near Gurugram to 3 lakh frames in 3 years.

  • Lenskart invests USD 4 million to expand John Jacobs brand stores Feb 04, 2018 04:25 PM IST

    Lenskart invests USD 4 million to expand John Jacobs brand stores

    Online eyewear firm Lenskart today said it expects its affordable-premium eyewear brand John Jacobs to clock revenues of Rs 500 crore by FY2020-21 as it expands the offline retail presence of the brand.

  • Eye power via apps: Lenskart invests USD 1 mn in Israeli startup  Dec 07, 2017 05:19 PM IST

    Eye power via apps: Lenskart invests USD 1 mn in Israeli startup 

    Lenskart will partner with 6over6 to co-develop and test the product before taking it to the market, the company said in a statement.

  • Lenskart, ShopClues may go for IPO in next 2 years: Screwvala Nov 29, 2017 07:28 PM IST

    Lenskart, ShopClues may go for IPO in next 2 years: Screwvala

    Media baron and private equity investor Ronnie Screwvala, who is holding stakes in Lenskart and ShopClues, today said both the e-commerce firms may go for Initial Public Offering (IPO) in the next two years.

  • Lenskart ropes in Katrina Kaif as brand ambassador Oct 09, 2017 02:28 PM IST

    Lenskart ropes in Katrina Kaif as brand ambassador

    Katrina will be the face of Lenskart for the next two years and would feature in the brand's new campaign, Lenskart said in a statement.

  • Lenskart invests $1 million in 3D face modelling startup Ditto Sep 26, 2017 02:24 PM IST

    Lenskart invests $1 million in 3D face modelling startup Ditto

  • Lenskart plans to open 200 new stores in India Jun 06, 2017 10:33 PM IST

    Lenskart plans to open 200 new stores in India

    Founded in 2010, Lenskart is an online retailer of eyewear, backed by Unilazer ventures and Premji Invest.

  • Lenskart to open 400 stores in 2 years; invest Rs 100 crore Jun 04, 2017 12:33 PM IST

    Lenskart to open 400 stores in 2 years; invest Rs 100 crore

    The company, which has a strong online presence, is eyeing a total of 700 stores by March 2019 by targeting small towns, tier II and III cities.

  • Lenskart plans 90 more offline stores; to spend Rs 10 cr on ads Dec 26, 2016 03:01 PM IST

    Lenskart plans 90 more offline stores; to spend Rs 10 cr on ads

    The contribution of the offline outlets in overall transaction has increased to 50 percent from 30 percent a year ago, Bansal said declining to share the transaction numbers.

  • 10 startups that are funded by Ratan Tata Oct 26, 2016 02:46 PM IST

    10 startups that are funded by Ratan Tata

    Betting on big innovation, Tata, in his personal capacity has been investing in startups, mostly internet-based.

  • STARTUP CORNER: Try-and-buy is helping e-tailers cut down on product returns Sep 29, 2016 05:14 PM IST

    STARTUP CORNER: Try-and-buy is helping e-tailers cut down on product returns

    Online trials is not only a tool to attract customers, but also improve conversion rates. Trusting becomes easier for customers, says Peyush Bansal, founder of Lenskart.

  • Young Turks: What's brewing in startup space? Sep 07, 2016 10:23 PM IST

    Young Turks: What's brewing in startup space?

    Young Turks Startup Tracker brings you up to date on what's brewing in the startup space. Here is a low down on events in the space.

  • Lenskart raises Rs 400 crore from IFC, Ratan Tata May 04, 2016 05:36 PM IST

    Lenskart raises Rs 400 crore from IFC, Ratan Tata

    Lenskart has previously raised a total of Rs 317 crore from investors including IDG Ventures (USD 4 million in October 2011), Ronnie Screwvala-led Unilazer Ventures (USD 10 million in February 2013), TPG Growth and TR Capital (USD 22 million in January 2015).

  • IFC leads Rs. 400 cr Series D funding in Lenskart for expansion May 04, 2016 04:49 PM IST

    IFC leads Rs. 400 cr Series D funding in Lenskart for expansion

    IFC, a member of the World Bank Group, is investing Rs. 171 Crores in Indian eyewear company Lenskart, to help the company expand access to high-quality and affordable eye-care products in tier-3,tier-4 cities.

  • DailyObjects raises Rs 9 cr from Unilazer and others Jan 19, 2016 02:38 PM IST

    DailyObjects raises Rs 9 cr from Unilazer and others

    The online-only brand will use the funds to foray into brick and mortar retail, both independently and through tie-ups with premium retailers.

  • Ola launches Ola Money app for mobile recharges, transfers Nov 13, 2015 10:36 AM IST

    Ola launches Ola Money app for mobile recharges, transfers

    Earlier available within the Ola app, Ola Money enabled users to pay for their taxi and auto fares. In August, the company announced its partnerships with a host of online platforms like Oyo Rooms, Lenskart and Saavn to allow customers to make cashless transactions.

  • SBI Card launches credit card for online shopping Sep 15, 2015 05:42 PM IST

    SBI Card launches credit card for online shopping

    "We wanted to launch a card with special benefit meant for online purchases. In this card, whatever the spending be, we will offer a five times more reward than in case of normal cards," says Vijay Jasuja, CEO SBI Card

  • Ola offers online payment facility for multiple merchants Aug 24, 2015 05:01 PM IST

    Ola offers online payment facility for multiple merchants

    This move will allow Ola users, who maintain a significant balance in their Ola Money accounts, to pay conveniently on a wide range of leading e-commerce platforms, Ola said in a statement.

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