Lenskart
Founded Year
2010Stage
IPO | IPOTotal Raised
$1.622BDate of IPO
11/10/2025About Lenskart
Lenskart specializes in eyewear, offering products including eyeglasses, sunglasses, and contact lenses. The company provides a shopping experience that integrates technology such as a three-dimensional (3D) try-on feature for online purchasing. Lenskart serves the eyewear retail sector, catering to a customer base with various styles and trends. Lenskart was formerly known as Valyoo Technologies. It was founded in 2010 and is based in New Delhi, India.
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Research containing Lenskart
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Lenskart in 1 CB Insights research brief, most recently on Apr 28, 2023.
Expert Collections containing Lenskart
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lenskart is included in 3 Expert Collections, including E-Commerce.
E-Commerce
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Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
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The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Lenskart News
Nov 11, 2025
The stock opened at ₹395 on NSE against an offer price of ₹402. It touched an intraday high of ₹413.75 before ending slightly lower at ₹404.55. The eyewear retailer's market capitalisation at Monday's close stood at ₹70,184.17 crore. Analysts advised caution for investors entering the stock immediately after listing. "Fresh purchases should be made only after monitoring results for 2-3 quarters. Post listing, we are hopeful that management will divulge more details on the future growth plans and goals in terms of profitability," said Sunny Agrawal, head of fundamental research at SBI Securities. "This should help investors to make better data-driven decisions rather than falling prey to various stories floating on social media." Lenskart's ₹7,278 crore IPO was subscribed 28.26 times. The non-institutional investors (NIIs) or high-net-worth individuals' portion was subscribed 18.23 times, while the retail investors' portion received 7.54 times the bids. Vaqarjaved Khan, senior fundamental analyst at Angel One , said despite Lenskart's leadership in India's organised eyewear market and strong brand recognition, the stock remains expensive at a price-to-earnings (P/E) multiple of 235 times for FY25, even when compared with other retail players. Trent and Metro are trading at 107 times and 88 times P/E on FY25 earnings, respectively. “Despite the strong brand recall, valuation is twice as expensive when compared with other listed retail players,” said Khan. “We would like the company to display a couple of quarters of improving profitability and certain comfort in valuations before thinking of a fresh entry in the stock.” Next Story
Lenskart Frequently Asked Questions (FAQ)
When was Lenskart founded?
Lenskart was founded in 2010.
Where is Lenskart's headquarters?
Lenskart's headquarters is located at Mehta Chowk, Near Juhi Clinic Dadawadi Jain Mandir Road, Mehrauli, New Delhi.
What is Lenskart's latest funding round?
Lenskart's latest funding round is IPO.
How much did Lenskart raise?
Lenskart raised a total of $1.622B.
Who are the investors of Lenskart?
Investors of Lenskart include SBI Mutual Fund, Radhakishan Damani, Peyush Bansal, Neha Bansal, Amit Choudhary and 31 more.
Who are Lenskart's competitors?
Competitors of Lenskart include ClearDekho, Oh My Glasses, Eyewa, EyeMyEye, BONLOOK and 7 more.
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Compare Lenskart to Competitors
Adasat.com operates within the optical retail industry, offering a variety of eyewear products including contact lenses, eyeglasses, and sunglasses, along with related accessories and eye care solutions. The company serves the retail eyewear market. It was founded in 2018 and is based in Dubai, United Arab Emirates.
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Ahlem is an eyewear brand that offers a range of eyewear products including sunglasses and optical frames. Ahlem primarily caters to the fashion and accessories market. It was founded in 2014 and is based in Venice, California.
Zenni Optical is an online retailer that sells eyewear and vision care products. The company offers eyeglasses, sunglasses, and contact lenses, addressing different vision needs and personal styles. Zenni Optical serves individuals looking for eyewear solutions. It was founded in 2003 and is based in Novato, California.
eyebobs offers eyewear, including designer reading glasses, blue light filtering eyewear, and prescription eyewear, for customers with different vision needs. Additionally, eyebobs provides sunglasses with reader lenses and eyewear accessories. It was founded in 2001 and is based in Minneapolis, Minnesota.
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