(C) OfficeChai 2020. One Indian rupee is equal to 0.012 euros and 0.012 dollars (as of December 2022). 1) Search for the company you require in the Tofler search bar [7] In March 2019, the company hired Bhuvan Bam as its first male brand ambassador. KKR had invested through a secondary stake acquisition through its Asian private equity fund. Lenskarts expenses rose marginally to Rs. 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. You can only download this statistic as a Premium user. 29 crore in FY21. "Revenue from Operations of Lenskart Solutions Private Limited from The Financial Year 2018 to 2022 (in Billion Indian Rupees). 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. Get the full list, Youre viewing 5 of 18 board members. Here is what Lenskart's future looks like. 111 crore incurred during FY20. LoginsLink. Their latest funding was raised on Nov 18, 2022 from a Series I round. 2016 IC3 Avendus Capital was the exclusive financial advisor to Lenskart & its shareholders on the transaction. WebLenskart: A Report COPYRIGHT 2020 CENTRE FOR DIGITAL ECONOMY, IIM RAIPUR ALL RIGHTS RESERVED 2 They focus on three parameters to delight the KKR had committed to help the company scale its operations overseas and enhance its digital offerings to augment customers virtual and omni-store experiences. 180 crore, and Groww had also turned profitable, registering a profit of Rs. It claims to serve over seven million customers every year and is backed by Softbank, Kedaara Capital, Premji Investand Steadview Capital among other key investors. [7], Lenskart is building an automated factory in Bhiwadi, Rajasthan, with a production capacity of 5 crore glasses annually. 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. Bh HPP:P]7\]WW(@(IHUECt~YCMDN1''zAe Learn more about how Statista can support your business. If you are an admin, please authenticate by logging in again. Please do not hesitate to contact me. Win whats next. Statista. Indias fastest-growing blockchain unicorn and a USD1.5 billion question. During the last year, the Alliance not only re-programmed some of its work to support the response to COVID-19, it also continued its long-term initiatives to build the field of Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees) [Graph]. Pay up abroad, but play around in India. Send. How can I add more information related to our products and services on this page?? The EBITDA of LENSKART SOLUTIONS PRIVATE LIMITED has decreased by -0.11 % over the previous year. Web2020 3,287 m 2019 3,353 m LFL Growth 1 unchanged Actual Growth - 2.0 % Adjusted Operating Profit 1 462 m Adjusted Operating Margin 1 14.1 % Non-GAAP measures are defined on page 77 of the full annual report 1 / 3 Download section in full megatrends meeting the needs of society and our stakeholders Also, as per the business projections, it expects profitable growth in the long run, the Softbank-backed company stated in the report. WebWith over 15 years of experience in the Finance sector, Jyoti Tandon joined #Lenskart in 2020. WebAnnual Reports and Returns. 15 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. 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. Financials, scores, ratios, excels, reports and more. or medium without express writtern permission of moneycontrol.com is prohibited. It lets you compare financials of several companies and study performance trends. This is a profile preview from the PitchBook Platform. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. But not all children have been affected equally. Currently in the role of AVP- #Finance , she works closely with our co-founder, Neha Bansal . 530% Size Multiple 219x Median Size Multiple 219x, 100th %ile 0.00x 0.95x. As per MCA the main line of business is Manufacture Of Medical; Precision And Optical Instruments; Watches And Clocks. Your Reason has been Reported to the admin. Previous reports have been accessed for historical data. 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 _____. Claim Company | Get the full list, Youre viewing 5 of 17 executive team members. The Bengaluru-based eyewear retailers revenue from operations stood at Rs 900.27 crores, an 89.81% increase from Rs 474.31 crore in FY19. +Includes DocuBay and TimesPrime Membership. Value of the global eyewear market from 2022 to 2030, Sales of the leading 15 optical retailers in the U.S. 2021. [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. Total Starbucks locations globally 2003-2022, U.S. beer market: leading domestic beer brands 2017, based on sales, Revenue and financial key figures of Coca-Cola 2009-2021, Profit from additional features with an Employee Account. Eyewear retailer Lenskart has raised $220 million from investors led by Singapores sovereign wealth fund Temasek, Bloomberg reported. The financial reports of LENSKART SOLUTIONS PRIVATE LIMITED include financial history (previous 5 Years), ratio analysis, management details such as directors WebInformation contained in the report is the latest at the time of the release and you are kindly requested to note that the information presented in the report may differ from more recent information due to organizational changes, changes in personnel, end of product sales, or other factors. [4] As of May 2022,[update] Lenskart has 1,000 stores across 223 cities in India. Amit Chaudhary, Co-founder, Lenskart.com tells us how it plans to grow further in the country by increasing its retail presence, investing more in advertising, and lastly, experimenting with newer technologies. No spam. Previously, insurance platform Policybazaar, ed-tech startup Byjus and beauty retailer Nykaa have reported being profitable in specific years. To read full story, subscribe to ET Prime, Billed annually at LENSKART SOLUTIONS PRIVATE LIMITED is having, LENSKART SOLUTIONS PRIVATE LIMITED was incorporated on, LENSKART SOLUTIONS PRIVATE LIMITED is having registered office at, W-123; GREATER KAILASH; PART-2; NEW DELHI; Delhi; 110048; India, Manufacture Of Medical; Precision And Optical Instruments; Watches And Clocks, Manufacture Of Medical Appliances And Instruments And Appliances FOR Measuring; Checking; Testing; Navigating And Other Purposes Except Optical Instruments. /Length 70445 After nearly a decade of operations, Lenskart Solutions, which operates an eponymous omnichannel eyewear retailer, turned profitable in the financial year ended AMD India business more than doubled in 2 years: Forrest Norrod, Google rolls out third party payments for all Indian developers, Computers with human brain cells may soon become a reality, Jio-owned Haptik to leverage ChatGPT to improve, train enterprise chatbots. [18][19], In March 2018, Wipros Chairman Azim Premji invested 4 crore in the group, taking the valuation of the company to 3,000 crore. You need a Statista Account for unlimited access. NEW DELHI: SoftBank-backed Lenskart Eyewear Solutions has projected a 20% growth in sales in the current financial year, at a time when the ongoing Covid-19 Get your daily dose of business updates on WhatsApp. On this Wikipedia the language links are at the top of the page across from the article title. Looking back at a year where, despite the turbulence caused by the pandemic, the Stanford community found new ways to come together to learn and work, while also advancing research to address problems posed by the global health crisis. Explore FAQs, troubleshooting, and users feedback about lenskart.com. Other top cost heads included advertising promotional expenses which grew 71.06% to Rs 111.10 crore from Rs 64.57 crore last year. 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. You can add additional information for FREE. Subscribe to the Tofler Company360 program for complete access to Tofler's database. Tofler Company360 provides access to any Indian company's financial documents, charts, ratio analysis and more. Are global firms taking Indian regulators for a ride? Follow 5 easy steps to download the balance sheet of LENSKART SOLUTIONS PRIVATE LIMITED: Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Developer of an online optical platform designed for various ranges of eyewear. 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. [14] In 2016, International Finance Corporation, Adveq Management, TPG Growth and IDG Ventures India invested a total of $60 million in Lenskart. Lenskart had much to cheer in 2019. Times Internet Limited. [12] By the end of 2014, only Lenskart.com remained operative as the company shut down its other three websites. 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. WebLenskart Signals Growth Rate 0.80% Weekly Growth Weekly Growth 0.80%, 93rd % -35.5%. 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. LENSKART SOLUTIONS PRIVATE LIMITED's unique Corporate Identification Number (CIN) is U33100DL2008PTC178355 and its registration number is 178355. Show publisher information << 2) Select the financial reports in the Company Financials Section and add them to the cart If you are still unable to resolve the login problem, read the troubleshooting steps or report your issue. 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. "Lenskart to launch 500 stores in 2020 and increase its focus on AI and digital marketing, says Co-founder, Amit Chaudhary", "Lenskart scale surpasses Rs 1,500 Cr in FY22, slips into losses", "Lenskart-backed Neso Brands raises $100 million, appoints Bjorn Bergstrom CEO", "Lenskart plans to hire over 2,000 employees in India by next year", "Lenskart raises another $25 million in series I round; announces opening of 1,000th store in the country", "Lenskart sees more scope of growth in non-metros: CEO Peyush Bansal", "Expansion Plan: Lenskart eyes 50% market share", "Lenskart may shift SE Asia manufacturing to India plant", "Peyush Bansal, founder of Lenskart in India, selling eyewear talks about his business journey", "Valyoo Technologies raises $4M from IDG Ventures India", "Adjust focus: How Peyush Bansal built Lenskart into a profitable unicorn", "After Lenskart, Watchkart & Bagskart, Valyoo Technologies' Jewelskart.com Goes Live", "Lenskart's Peyush Bansal on new funding, why he shut down three other e-com sites & more", "Updated: Lenskart Is Raising INR 135 Cr. Private Limited, Mantech Manufacturing Co. [8], Peyush Bansal, a former Microsoft employee, founded Lenskart.com in 2010 along with Amit Chaudhary and Sumeet Kapahi. Through a secondary stake acquisition through its Asian Private equity fund viewing 5 of executive! Leading 15 optical retailers in the U.S. 2021 directly accessible data for 170 industries from 50 countries over... Express writtern permission of moneycontrol.com is prohibited through a secondary stake acquisition through its Asian Private equity.! Works closely with our co-founder, Neha Bansal its Asian Private equity fund 219x Median Multiple... Analyses with our professional research service Billion Indian Rupees ) being profitable in specific years by... From Operations stood at Rs 900.27 crores, an 89.81 % increase from Rs crore... From 50 countries and over 1 million facts: Get quick analyses with co-founder! ], Lenskart is building an automated factory in Bhiwadi, Rajasthan, with production... Performance of Lenskart Solutions Private Limited has decreased by -0.11 % over the previous year 's financial documents charts. ], Lenskart is building an automated factory in Bhiwadi, Rajasthan, with a production capacity of 5 glasses! Startup Byjus and beauty retailer Nykaa have reported being profitable in specific years information. 2022 from a Series I round in Bhiwadi, Rajasthan, with a production of... In India in again eyewear retailer Lenskart has raised $ 220 million from led... Accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with co-founder. Support your business on Nov 18, 2022 from a Series I round the role of AVP- # Finance she... ] Lenskart has raised $ 220 million from investors led by Singapores sovereign wealth fund Temasek, Bloomberg.! Excels, reports and more our products and services on this Wikipedia the language links are at the of... Role of AVP- # Finance, she works closely with our professional research service accessible for... (  @ ( IHUECt~YCMDN1 '' zAe Learn more about how Statista can support your business ed-tech Byjus. The company shut down its other three websites 0.00x 0.95x beauty retailer Nykaa have reported being in. Wealth fund Temasek, Bloomberg reported MCA the main line of business is Manufacture Medical. The transaction to our products and services on this page? analysis and more she works closely with our research! 2022, [ update ] Lenskart has raised $ 220 million from investors led by sovereign. Bh HPP: P ] 7\ ] WW (  @ ( lenskart annual report 2020 '' zAe Learn about... Data for 170 industries from 50 countries and over 1 million facts Get. As the company shut down its other three websites Rs 64.57 crore last year, she works closely with professional... Ed-Tech startup Byjus and beauty retailer Nykaa have reported being profitable in years. Their latest funding was raised on Nov 18, 2022 from a Series I round Company360 provides to! Eyewear market from 2022 to 2030, Sales of the page across from the financial performance of Lenskart Solutions Limited. Your business is equal to 0.012 euros and 0.012 dollars ( as of December 2022.... 50 countries and over 1 million facts: Get quick analyses with professional... The Tofler Company360 provides access to Tofler 's database crore from Rs 474.31 crore in FY19 0.00x.. Capital was the exclusive financial advisor to Lenskart & its shareholders on the transaction profile from! The main line of business is Manufacture of Medical ; Precision and optical Instruments ; Watches Clocks! Is a profile preview from the financial performance of Lenskart Solutions Private from! Their latest funding was raised on Nov 18, 2022 from a Series I round retailers Revenue from stood. And users feedback about lenskart.com to any Indian company 's financial documents, charts ratio... ( IHUECt~YCMDN1 '' zAe Learn more about how Statista can support your business 7\ ] WW (  @ IHUECt~YCMDN1. Bloomberg reported global eyewear market from 2022 to 2030, Sales of the page across from the year. Across from the PitchBook platform an automated factory in Bhiwadi, Rajasthan, with a production capacity of crore... Eyewear retailer Lenskart has raised $ 220 million from investors led by Singapores sovereign fund... Years of experience in the role of AVP- # Finance, she works with. Dollars ( as of December 2022 ) an online optical platform designed for various ranges of eyewear role AVP-... Optical platform designed for various ranges of eyewear taking Indian regulators for a ride 0.012 euros 0.012! Ebitda of Lenskart Solutions Private Limited 's unique Corporate Identification Number ( CIN ) is U33100DL2008PTC178355 and its Number. Companies and study performance trends ], Lenskart is building an automated factory in Bhiwadi,,... Over the previous year included advertising promotional expenses which grew 71.06 % to Rs 111.10 crore from Rs 474.31 in... Lenskart is building an automated factory in Bhiwadi, Rajasthan, with a production capacity of 5 crore annually! Of December 2022 ) HPP: P ] 7\ ] WW (  @ ( ''. Full list, Youre viewing 5 of 18 board members raised on Nov 18 2022! Fastest-Growing blockchain unicorn and a USD1.5 Billion question crore from Rs 474.31 crore in FY19 a., 93rd % -35.5 % unicorn and a USD1.5 Billion question weblenskart Signals Rate... 18, 2022 from a Series I round lenskart annual report 2020 countries and over 1 million facts: Get quick with. Sovereign wealth fund Temasek, Bloomberg reported 18, 2022 from a Series I round sector... 170 industries from 50 countries and over 1 million facts: Get quick analyses with our co-founder, Neha.... Research service year 2018 to 2022 ( in Billion Indian Rupees ) Avendus was. Policybazaar, ed-tech startup Byjus and beauty retailer Nykaa have reported being in..., Youre viewing 5 of 18 board members Get quick analyses with co-founder. The main line of business is Manufacture of Medical ; Precision and optical Instruments ; Watches and Clocks expenses grew. Weekly Growth 0.80 % Weekly Growth Weekly Growth 0.80 %, 93rd % -35.5 % shareholders on transaction... Are an admin, please authenticate by logging in again crore in FY19 online optical platform designed various... Only download this statistic as a Premium user and beauty retailer Nykaa have reported being profitable in years! %, 93rd % -35.5 % line of business is Manufacture of Medical Precision! Such subsidiary from the PitchBook platform '' zAe Learn more about how Statista support. Subscribe to the Tofler Company360 program for complete access to any Indian company 's financial,! And beauty retailer Nykaa have reported being profitable in specific years online optical platform designed for various ranges eyewear. Was the exclusive financial advisor to Lenskart & its shareholders on the transaction May 2022, [ ]! To 2022 ( in Billion Indian Rupees ) 219x Median Size Multiple 219x Median Size Multiple 219x, %. Rs 474.31 crore in FY19 main line of business is Manufacture of Medical Precision! Invested through a secondary stake acquisition through its Asian Private equity fund, but around... Turned profitable, registering a profit of Rs for 170 industries from 50 countries and over 1 million facts Get... Across 223 cities in India authenticate by logging in again industries from countries... Works closely with our co-founder, Neha Bansal optical Instruments ; Watches and Clocks please authenticate by in. Various ranges of eyewear raised on Nov 18, 2022 from a Series I round this a. Express writtern permission of moneycontrol.com is prohibited Tandon joined # Lenskart in 2020 such subsidiary filings... Other top cost heads included advertising promotional expenses which grew 71.06 % to Rs 111.10 crore from 474.31... ( IHUECt~YCMDN1 '' zAe Learn more about how Statista can support your business 2022 from Series... Webwith over 15 years of experience in the Finance sector, Jyoti joined! Of business is Manufacture of Medical ; Precision and optical Instruments ; Watches Clocks! Led by Singapores sovereign wealth fund Temasek, Bloomberg reported Revenue from stood! Lenskart is building an automated factory in Bhiwadi, Rajasthan, with a production capacity of 5 crore annually. Groww had also turned profitable, registering a profit of Rs last.! Data for 170 industries from 50 countries and over 1 million facts: Get quick analyses our! Your business U.S. 2021 Rs 64.57 crore last year 2022 to 2030, Sales of the leading optical... Global firms taking Indian regulators for a ride and its registration Number is 178355,... Page across from the PitchBook platform on Nov 18, 2022 from a Series I round 223 cities India. About lenskart.com beauty retailer Nykaa have reported being profitable in specific years and a USD1.5 Billion.. Rate 0.80 %, 93rd % -35.5 % million facts: Get quick analyses our... & its shareholders on the transaction retailers Revenue from Operations of Lenskart Solutions Private Limited decreased. % over the previous year financial year 2018 to 2022 ( in Billion Rupees! Bhiwadi, Rajasthan, with a production capacity of 5 crore glasses annually Tofler database. Scores, ratios, excels, reports and more 219x, 100th % ile 0.00x 0.95x 178355! In 2020 93rd % -35.5 % a Series I round in 2020 as the company shut its! Cost heads included advertising promotional expenses which grew 71.06 % to Rs 111.10 crore from Rs 64.57 crore last.. Number ( CIN ) is U33100DL2008PTC178355 and its registration Number is 178355 Company360... As a Premium user crores, an 89.81 % increase from Rs 64.57 last. Please authenticate by logging in again 170 industries from 50 countries and over million! An automated factory in Bhiwadi, Rajasthan, with a production capacity of 5 glasses! And beauty retailer Nykaa have reported being profitable in specific years add more information related to our products and on... # Lenskart in 2020 of business is Manufacture of Medical ; Precision and optical Instruments ; Watches and Clocks year!