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Articles for Lenskart

Revanth's single-minded focus gets Lenskart for Telangana
1 week, 3 days ago

Revanth's single-minded focus gets Lenskart for Telangana

Deccan Chronicle  

HYDERABAD: In the next few months, Telangana could boast of having the world’s largest eyewear factory in Hyderabad. A hawk-eyed squad in the Chief Minister’s Office keeping an eye on investment moves across the country alerted Chief Minister A. Revanth Reddy about Lenskart’s proposal. Another factor that swayed Lenskart’s decision in favour of Hyderabad was the state government’s decision to …

India Hyderabad Gujarat Indian Telangana State Crore
Focus on bringing in good partners, not maximizing valuations: Lenskart’s Peyush Bansal
1 month ago

Focus on bringing in good partners, not maximizing valuations: Lenskart’s Peyush Bansal

Live Mint  

Startup founders should focus on getting the right partners and investors rather than maximizing valuations, as the latter is fairly short-term in nature, said Peyush Bansal, co-founder and chief executive of eyewear unicorn Lenskart, at the Bengaluru Tech Summit 2024 on Thursday. When we got investors like ADIA or Temasek, we knew these funds could stay with the company for …

India Shark Tank Bansal Lenskart
Lenskart trims losses by 84% to ₹10 crore in FY24
1 month, 2 weeks ago

Lenskart trims losses by 84% to ₹10 crore in FY24

Live Mint  

Eyewear retailer Lenskart has cut its losses in the financial year ended March 2024 by 84% to ₹10 crore from the previous year, helped by operational efficiency achieved from expanded product lines. The Gurugram-based company’s operating revenue rose 43% to ₹5,427 crore while expenses surged to ₹5,549 crore from ₹4,025 crore in FY23, according to financial statements sourced from business …

Crore Lenskart
Lenskart executive alleges Air India Express mistreated her 71-year-old mother; airline responds
1 month, 2 weeks ago

Lenskart executive alleges Air India Express mistreated her 71-year-old mother; airline responds

Live Mint  

A Lenskart executive has accused Air India Express of mistreating her 71-year-old mother, who was travelling alone from Kochi to Bengaluru. She wrote in her post: “- made her sit on the dirty floor and open her luggage - made her leave her purse and walking stick unsupervised at the boarding gate - then made her pay 8,200 in cash …

India Flight Express Linkedin Kochi Jain Her Mother
Peyush Bansal, Lenskart’s co-founder, Dhanuka Agritech promoters register flats worth ₹100 cr at DLF's The Camellias
6 months, 3 weeks ago

Peyush Bansal, Lenskart’s co-founder, Dhanuka Agritech promoters register flats worth ₹100 cr at DLF's The Camellias

Hindustan Times  

Conveyance deeds of four super luxury apartments worth ₹106.4 crore have been registered separately in DLF’s uber luxury project ‘The Camellias’ in Gurugram. Peyush Bansal, co-founder of Lenskart, and promoters of Dhanuka Agritech have registered conveyance deeds of four super luxury apartments worth more than ₹ 100 crore in DLF’s uber luxury project ‘The Camellias’ in Gurugram. Peyush Bansal has …

Luxury Gurugram Registered Register Apartment Apartments Dlf
Lenskart's Peyush Bansal seeks for land in Bengaluru for ‘mega factory’, Karnataka minister responds
8 months, 2 weeks ago

Lenskart's Peyush Bansal seeks for land in Bengaluru for ‘mega factory’, Karnataka minister responds

Hindustan Times  

India based Eyewear chain Lenskart co-founder Peyush Bansal said that the company is in plans to build its next mega factory in Bengaluru. He also said that 25 acres of land is required near Kempegowda International Airport for opening a mega factory and asked if any factory is for sale in the desired location. In a LinkedIn post, the unicorn …

Bengaluru Karnataka Factory Foxconn Lenskart Mega Factory Peyush Bansal
Diana Penty Makes a ‘Couture Meets Street’ Statement at Paris Haute Couture Week
1 year, 5 months ago

Diana Penty Makes a ‘Couture Meets Street’ Statement at Paris Haute Couture Week

News 18  

Diana Penty celebrated Indian craftsmanship and made it her own when she attended Rahul Mishra’s Couture Fall 2023 showcase at Paris Haute Couture Week. The Lenskart sunglasses were a perfect accessory for Rahul’s outdoor show on a beautiful summer afternoon in Paris.” With the vision of setting a new standard for fashion and eyewear collaborations, Diana Penty graces this year’s …

Couture Rahul Paris Diana Rahul Mishra Paris Haute Couture Week Lenskart
Funding value jumps 4x on Amp Energy, Lenskart deals
1 year, 6 months ago

Funding value jumps 4x on Amp Energy, Lenskart deals

Live Mint  

BENGALURU : The total value of private equity and venture capital deals in India surged nearly fourfold last week from the previous five-day period, thanks to a couple of large investments by private equity firms and several mid to small-sized transactions. In the week’s largest deal, Japan’s Sumitomo Mitsui Banking Corp., Asian Infrastructure Investment Bank, and PE firm Intermediate Capital …

Investment Deals Round Million Deal Deal Volume Vccircle
Startups raise $3.4b in Q4
1 year, 8 months ago

Startups raise $3.4b in Q4

Deccan Chronicle  

Chennai: Despite facing tough times amid a funding crunch, Indian startups managed to raise $3.4 billion in the March quarter of FY23, which was the same as the funding of the December quarter. In Q4 FY22, startups had raised $12 billion, which came down to $7.7 billion in Q2 and $2.8 billion in Q3. While PhonePe scooped up $650 million …

Billion Quarter Startups Raise
Peyush Bansal of Lenskart has a vision for change
2 years, 3 months ago

Peyush Bansal of Lenskart has a vision for change

Live Mint  

A 2019 report by the World Health Organisation states that more than a quarter of the world’s population suffers from vision impairment. Seventy-five per cent of people in India who need specs don’t wear them,” says Bansal, who also started the Lenskart Foundation in December 2020 with his wife, Nidhi, to increase access to primary eyecare, especially for children. Today, …

India Microsoft Store Customer Student Housing Bansal Eyewear
Lenskart may shift SE Asia manufacturing to India plant
2 years, 3 months ago

Lenskart may shift SE Asia manufacturing to India plant

Live Mint  

Omnichannel eyewear retailer Lenskart plans to shift its entire manufacturing operations in Southeast Asia, including for its recently-acquired Japanese eyewear chain Owndays, to its largest manufacturing unit in Bhiwadi, Rajasthan, said two people with direct knowledge of the company’s plans. Omnichannel distribution requires the use of technology, and Lenskart has been investing in a highly-automated distribution centre, capable of delivering …

India Million Including Shukla Lenskart Eyewear Se Asia
Monthly Digest Of Tax Cases- April 2022
2 years, 7 months ago

Monthly Digest Of Tax Cases- April 2022

Live Law  

Indirect Taxes Supreme Court 1.Plea In Supreme Court Challenges The Constitutional Validity Of Levy Of GST On Lease/ Rent Payments Case Title: Myrayash Hotels Pvt. 2.Show Cause Notice Completely Deficient In Material Particulars: Delhi High Court Quashes GST Registration Cancellation Order Case Title: Fada Trading Private Limited Versus Commissioner Goods and Service Tax Citation: 2022 LiveLaw 328 The Delhi High …

India Karnataka Justice Delhi Mumbai Supreme Court High Court