KKR had committed to help the company scale its operations overseas and enhance its digital offerings to augment customers virtual and omni-store experiences. Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. statistic alerts) please log in with your personal account. Explore FAQs, troubleshooting, and users feedback about lenskart.com. Email us at support@tofler.in, TWS Systems Private Limited (Tofler)201/25 Heritage City, M.G. 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. Most of Indias startup unicorns might be currently mired in losses, but theres a small and growing number of companies that are finally beginning to make some money. Duis a, To view Lenskarts complete valuation and funding history, request access, To view Lenskarts complete cap table history, request access, Youre viewing 3 of 3 competitors. Unlock your 30 days free access to ETPrime now. Includes DocuBay and TimesPrime Membership. Lenskarts advertising expenses were up too, rising by around 23% to Rs. Lenskart is an Indian multinational optical prescription eyewear retail chain, based in Faridabad. WebLenskart News: Read latest Lenskart news and recent Lenskart updates on The Economic Times. Softbank to invest $350m at $1.3bn valuation", "Lenskart set to turn unicorn with likely $350M SoftBank funding - ETtech", "Lenskart acquires majority stake in eyewear brand Owndays in $400 million deal", https://en.wikipedia.org/w/index.php?title=Lenskart&oldid=1142303662, Short description is different from Wikidata, All Wikipedia articles written in Indian English, Articles containing potentially dated statements from May 2022, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 March 2023, at 17:29. The total revenue for the period stood at Rs 969.52 crore against Rs 485.59 crore a year earlier. Learn more about how Statista can support your business. Indias fastest-growing blockchain unicorn and a USD1.5 billion question. Dont miss out on ET Prime stories! WebLenskart: A Report COPYRIGHT 2020 CENTRE FOR DIGITAL ECONOMY, IIM RAIPUR ALL RIGHTS RESERVED 2 They focus on three parameters to delight the You need at least a Starter Account to use this feature. 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Follow 5 easy steps to download the balance sheet of LENSKART SOLUTIONS PRIVATE LIMITED: [4] As of May 2022, Lenskart has 1,000 stores across 223 cities in India. << 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. Bookmark Company | Claim Company | Review Company | Add Private Notes. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? Send. 29 crore in FY21. Personalize which data points you want to see and create visualizations instantly. School closures, increased vulnerability to abuse, mental health strains and loss of access to vital services have hurt children deeply. A paid subscription is required for full access. Please create an employee account to be able to mark statistics as favorites. Choose your reason below and click on the Report button. From TPG, TR Capital & IDG In Series C", "How Lenskart is defying the start-up trend", "John Jacobs to clock 500 cr revenue by March 2021", "Lenskart invests $4 million to expand John Jacobs brand stores", "Lenskart ropes in Katrina Kaif as brand ambassador", "Katrina Kaif is Lenskart's first-ever ambassador", "Lenskart valuation touches Rs 3,000 Cr after a secondary transaction - ETtech", "Lenskart announces Bhuvan Bam as its new brand ambassador", "SoftBank Vision Fund invests $275M in India's Lenskart", "Lenskart to become the next unicorn! The company is incorporated with the address W-123; GREATER KAILASH; PART-2; NEW DELHI; Delhi; 110048; India. 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. Review Company | [13], In January 2015, the company raised 135 crore from TPG Growth, TR Capital and IDG Ventures India. Shareholders will be able to attend the meeting online. The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. It grew at 50% year-on-year, launched its 500th store and its total operating revenue grew by 24% in 2019 to Rs 474.31 crore. The company now has a valuation of $2.5 billion. to incorporate the statistic into your presentation at any time. Get the full list, Youre viewing 5 of 17 executive team members. Revenue share from the Indian market was Rs 894.22 crore in FY20, while Rs 6.04 crore was contributed by the Singapore market. [5][6] Its manufacturing facility in New Delhi manufactures 3 lakh glasses a month. The company has been in news for its IPO plans since 2017, and the improvement in numbers is quite in line with the same. The report highlights the companys financial and non-financial performance for the year and gives an update on strategy, innovation, digitalization and sustainability. The company plans to use this 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, the report suggested. Win whats next. Lenskarts expenses rose marginally to Rs. As a result, the Holding Company has achieved profitability in the current year. Values have been rounded for clarity. The company also saw investments from Ratan Tata and Kris Gopalakrishnan. Also, as per the business projections, it expects profitable growth in the long run, the Softbank-backed company stated in the report. Times Syndication Service. Get the full list, Youre viewing 5 of 27 investors. These will be heartening signs for the Indian startup ecosystem for several years, Indian startups have grown rapidly, but have done so while making thousands of crores of losses. 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. November 10, 2022. Reproduction of news articles, photos, videos or any other content in whole or in part in any form The ideal entry-level account for individual users. 5) Reports will be sent to your registered email address, Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the fiscal year ended October 3, 2020 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____. All Rights Reserved. Together, both brands now have an annual revenue run rate of This will alert our moderators to take action. 180 crore, and Groww had also turned profitable, registering a profit of Rs. Subscribe to the Tofler Company360 program for complete access to Tofler's database. Read More. If you are still unable to resolve the login problem, read the troubleshooting steps or report your issue. Honda Cars India launches new City and new City e:HEV, check prices and details here, SBI may look to cut Yes Bank stake once lock-in ends: Sources, RCap resolution: NCLAT allows lenders' plea for another round of bidding, Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day, End your day with a breakdown of the biggest tech and startup stories in your inbox, Invest in high-rated bonds from as low as Rs. WebLenskart is an Indian multinational optical prescription eyewear retail chain, based in Faridabad. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. /Filter /FlateDecode WebTel no: +912262102400 INVESTOR CONTACTS For queries related to financial statements & Investor Matters Mr. Mukesh Ranga Company Secretary and Compliance Other top cost heads included advertising promotional expenses which grew 71.06% to Rs 111.10 crore from Rs 64.57 crore last year. Here is what Lenskart's future looks like. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). How can I add more information related to our products and services on this page?? Copyright 2023. He caught brain-eating amoeba. Chart. WebFISCAL YEAR 2020 ANNUAL FINANCIAL REPORT. (C) OfficeChai 2020. [4] As of May 2022,[update] Lenskart has 1,000 stores across 223 cities in India. 111 crore incurred during FY20. 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. Financials, scores, ratios, excels, reports and more. This is a profile preview from the PitchBook Platform. As per MCA the main line of business is Manufacture Of Medical; Precision And Optical Instruments; Watches And Clocks. Lenskart had much to cheer in 2019. 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.