LENSKART CASE STUDY

LENSKART CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS

CO-FOUNDER & CEO : Peyush Bansal

LENSKART BUSINESS MODEL

Lenskart becomes the last unicorn company in the year 2019. Lenskart is a New Delhi based startup founded in 2010. Lenskart app is with the widest collection of Specs, Sunglasses, Goggles, Frames, Anti Glare, Contact Lens, etc. Lenskart is India’s No.1 Online Shopping app for Specs, Sunglasses, Goggles, Frames, Anti Glare, Contact Lens, Reading Glasses, Computer Glasses, Try Glasses at Home, Prescription Sunglasses & Eye Accessories.

Brand Ambassador: Bhuvan Bam

FUNDING

The total funding of Lenskart is $429.5 million.

 

Oct 2011 raised $4 million in series A.

Feb 2013 raised $10 million in series B.

Jan 2015 raised $21.9 million in series C.

Apr 2016 raised $60.1 million in Series D.

Jan 2017 raised $3.5 million.

Sep 2019 raised $55 million in series F.

Dec 2019  raised $275 million in Series G.

INVESTORS

SoftBank Vision Fund, Kedaara, Chiratae Ventures, T&R, Unilazer, IFC, TPG, Adveq, IDG Ventures

COMPETITORS

GKB Opticals, CoolWinks.com, Specsmakers, Deals4Opticals, LensBazaar, Vision Express, Titan Eyeplus, Gangar Eyenation, Optiaxis.com, and 99Lens.

DISCOVER

FOUNDED:  2010

HEADQUARTERS: New Delhi.

CEO: Peyush Bansal.

REVENUE OF LENSKART: $68.3 Million.

PLAYSTORE RATING: 4.1

EMPLOYEES: 4000.

TWITTER FOLLOWERS:20,007

FACEBOOK FOLLOWERS: 1,556,432

APP

Lenskart application is available on play store with a rating of 4.1, which is easy to use, just one tap to do it all. The app with the widest collection of Specs, Sunglasses, Goggles, Frames, Anti Glare, Contact Lens, etc. Lenskart is India’s No.1 Online Shopping app for Specs, Sunglasses, Goggles, Frames, Anti Glare, Contact Lens, Reading Glasses, Computer Glasses, Try Glasses at Home, Prescription Sunglasses & Eye Accessories.

FEATURES

Infinite EyeWear.

Suit Your Style.

Find frame Size.

Latest Collection.

Book Eye Check-up at Home,

Shop from a range of 100% Authentic Brands.

Order online & pay CASH ON DELIVERY.

Scan product barcodes with the camera.

Live chat with the customer support team.

Thanks for reading

LENSKART CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS

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