Lenskart
HairOriginals Secures USD 5 Mn in Series A Funding to Expand Global Footprint
The fresh capital will be deployed to expand the startup's on-demand "Try at Home" services to 40 cities, bolster research and development (R&D), and establish 25–30 company-owned experience centers within the next year.
Avendus Secures INR 850 Cr for Future Leaders Fund III's First Close
FLF III aims to invest in 12–14 startups across sectors like financial services, healthcare, technology, consumer goods, and manufacturing, with ticket sizes ranging from INR 150–300 crore per investment.
Year in Review: The Best Funded Startups of 2024
Highlighting 2024 key funding deals, innovative startups across industries secured substantial investments, driving growth, fostering innovation, and unlocking new opportunities for market expansion and development.
Lenskart to Establish Largest Eyewear Manufacturing Facility in Telangana with INR 1,500 Cr Investment
The project is expected to generate around 2,100 jobs, with discussions underway for an additional R&D center.
Employee Engagement Platform AdvantageClub.ai and Fraud Prevention Platform RaptorX Raise Funds for Expansion
The startups listed below have disclosed investment rounds.
Lenskart Partners with OWNDAYS to Bring Japanese Eyewear to India
By introducing OWNDAYS, Lenskart is enhancing its portfolio with designs that embody balance and sophistication, catering to customers seeking modern aesthetics and superior craftsmanship.
Former World Bank Executive Sayan Ghosh Launches INR 300 Cr Venture Capital Fund
The fund aims to invest in over 20 companies, up to INR 15 crore (USD 2 million) each, and has already backed three promising startups.
Lenskart Appoints Abhishek Gupta as New CFO, Succeeding Mukti Hariharan
Gupta brings a wealth of experience from his nine-year tenure at OYO, where he played a pivotal role in fundraising, managing investor relations, and overseeing business partnerships.
TraqCheck Raises Fresh Capital From Alok Oberoi and Aakash Anand to Expand AI-Driven Hiring Solutions
This round follows an earlier investment in April 2024 from the family office of Peyush Bansal, founder of Lenskart, alongside Caret Capital.
Highlighting This Week's Biggest Startup Fundings: June 1–6
The startups listed below have raised the most money this week, from June 1 to June 6. Below is a brief summary of them:
Temasek and Fidelity Fuel Lenskart with USD 200 Mn Investment
The Gurugram-based eyewear brand received a USD 100 million investment last year from a private equity group, ChrysCapital.
After PS5 and Atomberg, Lenskart Items Will Now be Sold via Blinkit in 10 Minutes
The recent announcement comes after Blinkit founder Albinder Dhindsa announced a partnership with Atomberg, a manufacturing company for energy-efficient home appliances.
Lenskart Secures $100 Million From ChrysCapital
According to the company, the funding will support its growth plans and help strengthen its position in the global eyewear space
How Lenskart is Tapping Tier 2 & 3 Markets
Eyewear retailer Lenskart has devised low-cost franchise model to tap the upcountry markets as it targets 50 per cent of its new stores beyond tier 1 cities.
10 Business Firms That Went From Online to Offline
With more and more e-commerce companies going offline, is it correct to say that offline is the future of online start-ups and companies?