Most Discussed Updated FAQs, and more. LENSKART SOLUTIONS PRIVATE LIMITED is a 14.10 Years old company, incorporated on 19 May 2008. 6.3 crore, and has grown its profit to Rs. Days Trial. Review Company | Add Private Notes, Last updated:02-03-2023 | Update Company Now. Order WebAnnual Report 2020. 2020 IC3 Elder Fraud Report 2019 IC3 Annual Report 2019 State Reports. to incorporate the statistic into your presentation at any time. Their latest funding was raised on Nov 18, 2022 from a Series I round. [14] In 2016, International Finance Corporation, Adveq Management, TPG Growth and IDG Ventures India invested a total of $60 million in Lenskart. Currently, you are using a shared account. ETRise MSME Day 2022 Mega Conclave with Industry Leaders. Lenskart joins a select group of Indian unicorn startup that have now reported profits. [13], In January 2015, the company raised 135 crore from TPG Growth, TR Capital and IDG Ventures India. 2499 1749, Monthly Show publisher information [9] In 2011, IDG Ventures India invested $4 million in the company and mandated it to also sell wristwatches, bags and jewellery online to replicate Titan Company's business. Copyright e-Eighteen.com Ltd. All rights reserved. click here! ", ENTRACKR, Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1239374/lenskart-revenue-from-operations/ (last visited March 02, 2023), Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees) [Graph], ENTRACKR, November 10, 2022. Available: https://www.statista.com/statistics/1239374/lenskart-revenue-from-operations/, Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022, Available to download in PNG, PDF, XLS format, Revenue of the eyewear market worldwide by country 2022, Revenue of the sunglasses market worldwide by country 2021, Per-capita volume sales in the sunglasses market worldwide by country 2021, Global Rx sunglasses market revenue in 2022-2029, Leading exporters of sunglasses worldwide 2021, Revenue of the eyewear market in the United States from 2014 to 2027, by type, U.S. export value of sunglasses 2016-2021, U.S. import value of sunglasses 2016-2021, Sunglasses usage by Americans in summer and winter as of 2019, Number of stores of EssilorLuxottica in North America 2022, by brand, Sales of the leading U.S. mass merchants with optical departments 2021, Global revenue of EssilorLuxottica 2019-2021, by geographical area, Global revenue share of Essilor 2020, by business sector, Net revenue of National Vision in the United States from 2015 to 2021, Net product sales of National Vision in the U.S. from 2015 to 2021, by category, Colombia: optical market sales revenue in 2011-2021, Number of eyewear point of sales in Italy 2012-2018, by type, Net product sales of National Vision in the United States from 2015 to 2021, Average revenue of eyewear stores in Italy 2012-2018, Luxottica Group: global net sales 2018, by product category, Optical shops' retail sales value in Hong Kong 2011-2021, Growth rate of production value of the eyewear industry in Italy 2011-2017, Market size of the safety eyewear market in the United States from 2015 to 2025, Domestic fashion eyewear retail market size in Japan 2011-2019, Market size of the safety eyewear market in the U.S. from 2015 to 2025, by type, Number of stores of National Vision in the United States from 2015 to 2021, Number of stores of National Vision in the United States in 2021, by brand, Revenue per optician in the Netherlands 2013-2019, Distribution of exports of the Italian eyewear industry 2020, by geographical area, Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees), Find your information in our database containing over 20,000 reports. Get the full list, Youre viewing 5 of 17 executive team members. 15 WebPortions of the Registrants Annual Report to Stockholders for the fiscal year endedDecember 31, 2019 are incorporated by reference in Part II of this Annual Report We turned profitable at the company level before the pandemic, were in the red during the peak of the first and second waves and have returned to green again, Bansaladded. "Revenue from Operations of Lenskart Solutions Private Limited from The Financial Year 2018 to 2022 (in Billion Indian Rupees). In, ENTRACKR. The current filings represent the financial performance of Lenskart Solutions Private Limited, one such subsidiary. The eyewear retailer has grown to serve more than 400K customers on a monthly basis and claims to account for nearly 30% of Indias organised eyewear market. See insights on Lenskart including office locations, stream 998 crore from Rs. One Indian rupee is equal to 0.012 euros and 0.012 dollars (as of December 2022). If you are an admin, please authenticate by logging in again. Tofler Company360 provides access to any Indian company's financial documents, charts, ratio analysis and more. Lenskart previously raised $28.2 mn on June 9, 2022, after which it raised $12.5 mn on August 8, 2022, from Ravi Modi Family Trust. Financials, scores, ratios, excels, reports and more. [7] In March 2019, the company hired Bhuvan Bam as its first male brand ambassador. 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Dont miss out on ET Prime stories! The company's platform sells prescriptio, uis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat, rud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. While the Holding Company has incurred significant losses in the earlier years, it has taken various business initiatives to increase profitability. The EBITDA of LENSKART SOLUTIONS PRIVATE LIMITED has decreased by -0.11 % over the previous year. Business Solutions including all features. [8], Peyush Bansal, a former Microsoft employee, founded Lenskart.com in 2010 along with Amit Chaudhary and Sumeet Kapahi. WebLenskart News: Read latest Lenskart news and recent Lenskart updates on The Economic Times. As a Premium user you get access to background information and details about the release of this statistic. The company is registered with email address preetig@valyoo.in. All trademarks, service marks, trade names and logos appearing on the site are the property of their respective owners. The financial year 2020 was the first year with a profit for the eyewear retailer Lenskart. The profit summed up to more than 170 million Indian rupees. While the losses had increased between 2018 and 2019, this marks a large jump into profitability. Get notified via email when this statistic is updated. You only have access to basic statistics. But with a new cohort of startups now emerging that are not only running large businesses, but are also profitable to boot, it give hope to startups that are still in the red it might take a while, but there might be light for them at the end of the tunnel. 963 crore last year. Get full access to all features within our Business Solutions. Get the full list, To view Lenskarts complete subsidiaries history, request access, To view Lenskarts complete exits history, request access, Morningstar Institutional Equity Research, Co-Founder, Chief Executive & People Officer & Board Member, Chief Operating Officer & Chief Business Officer, Co-Founder, Director of Finance & Board Member. For business and industry related insights, twice in a month. 530% Size Multiple 219x Median Size Multiple 219x, 100th %ile 0.00x 0.95x. statistic alerts) please log in with your personal account. or medium without express writtern permission of moneycontrol.com is prohibited. /Filter /FlateDecode You can only download this statistic as a Premium user. KKR had committed to help the company scale its operations overseas and enhance its digital offerings to augment customers virtual and omni-store experiences. :XyMt{+c}tr4|>q7Q4[{>Mn Bkte8X>` 0|(1Ks~RZR"*A&Z 136 crore during FY21, as opposed to Rs. "x";$4G,f>3r>Hte#?[[Ys G/#(ce+^i(A4~Quec6x.\nIzjU~pkI-\P#H3z7,ZJp= 2aImC9_}Er,o}#PW^F/59)4bC :Lbw_bK,hiZ!8ZPb)WhF!E5M3i/iE=2z 0n'/&CZDwR)ho7i)*OX/_t,VsM?.GkSen`}/n'3S=q\E&1p/9Qspt)'i7dA3fZpZ~?cF>m'n^z:=Tw*}W?yL-T?f&Q QH7QJ(zEw}Q^4TuOT>#~rm1]K!oRiu~=RO}SSd|P({9diQ_p/JwSqV[dAoJ moJ~k9?ScG s'J .ey7PwsP?z7Qri[)O+k >T/R,h{z1MS|)G|JF[K6JP/mgk{X06:@VA  X}X{.~m Ozgd;K_~EWH,. [12] By the end of 2014, only Lenskart.com remained operative as the company shut down its other three websites. Commission paid to other selling agents was up, to Rs 196.65 crore from Rs 56.43 crore last year. The operating revenue of LENSKART SOLUTIONS PRIVATE LIMITED is in the range of Over INR 500 cr for the financial year ending on 31 March, 2022. Previously, insurance platform Policybazaar, ed-tech startup Byjus and beauty retailer Nykaa have reported being profitable in specific years. Trademarks, if any, listed on this page belong to their respective owners. The company was founded by Peyush Bansal in 2010 and sells eyewear online and through its 750 retail outlets across the country. It lets you compare financials of several companies and study performance trends. Eyewear retailer Lenskart has raised $220 million from investors led by Singapores sovereign wealth fund Temasek, Bloomberg reported. Please visit About Us tab on this page to add additional information about LENSKART SOLUTIONS PRIVATE LIMITED. Bookmark Company | Claim Company | Review Company | Add Private Notes. The financial reports of LENSKART SOLUTIONS PRIVATE LIMITED include financial history (previous 5 Years), ratio analysis, management details such as directors & key persons of the company, shareholding & group structure details, mortgages & charges on LENSKART SOLUTIONS PRIVATE LIMITED. The company's platform sells prescription eyewear, branded contact lenses, sunglasses, and accessories, enabling customers to get the latest eyewear collections with free home delivery. Here is the video showing how you can study the financials of an Indian company on the Company360 platform. An easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more. India is the blind capital of the world and about half of its 1.3 billion people need glasses, Bansal told Bloomberg. Falcon Edge Capital Tofler Company360 provides access to any Indian company on the Company360 platform visit about Us tab on this belong... The EBITDA of Lenskart SOLUTIONS Private LIMITED updated:02-03-2023 | Update company Now ratio and. Temasek, Bloomberg reported of 17 executive team members ; $ 4G, f > 3r Hte! Agents was up, to Rs all trademarks, service marks, trade names and logos appearing on the are! 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