"Revenue from Operations of Lenskart Solutions Private Limited from The Financial Year 2018 to 2022 (in Billion Indian Rupees). 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. He caught brain-eating amoeba. 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. (C) OfficeChai 2020. [20][15] In 2018, the company became profitable, EBITDA positive. Win whats next. WebAnnual Reports and Returns. November 10, 2022. 2018 IC3 Annual Report 2018 State Reports. Lenskart is an Indian multinational optical prescription eyewear retail chain, based in Faridabad. Also, as per the business projections, it expects profitable growth in the long run, the Softbank-backed company stated in the report. If you are still unable to resolve the login problem, read the troubleshooting steps or report your issue. Access to this and all other statistics on 80,000 topics from, Show sources information [14] In 2016, International Finance Corporation, Adveq Management, TPG Growth and IDG Ventures India invested a total of $60 million in Lenskart. Lenskart previously raised $28.2 mn on June 9, 2022, after which it raised $12.5 mn on August 8, 2022, from Ravi Modi Family Trust. Includes DocuBay and TimesPrime Membership. 6 0 obj "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. 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 FY 2018-2022 Published by A. Minhas , Dec 2, 2022 Lenskart's revenue from operations amounted to 15 billion Indian rupees in [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. 27 crore. [4] As of May 2022, Lenskart has 1,000 stores across 223 cities in India. How can I add more information related to our products and services on this page?? Commission paid to other selling agents was up, to Rs 196.65 crore from Rs 56.43 crore last year. 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. Eyewear retailer Lenskart has raised $220 million from investors led by Singapores sovereign wealth fund Temasek, Bloomberg reported. Know more about your vendors, clients and competitors. Learn more about how Statista can support your business. It is an easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more. BENTONVILLE, Ark., April 23, 2020 Walmart Inc. (NYSE: WMT) today issued its 2020 Annual Report and filed its Proxy Statement in preparation for the companys upcoming virtual Annual Shareholders Meeting on Wednesday, June 3, 2020. 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. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. 10,000, Traders Mela for Hindi Speaking Trading Community on 4th & 5th March, Putin, girlfriend live in a secret, 'golden palace' hidden from the world: report, Bill Gates' gift to Ratan Tata during Mumbai meeting, What Bill Gates said after meeting YouTuber Prajakta Koli, 'Hellscape', 'petfluencer', 'digital nomad': Dictionary.com adds new words, Florida man dies after using tap water. Lenskart has raised a total of $979.7M in funding over 15 rounds. TWS Systems Private Limited. Review Company | Profit from the additional features of your individual account. Get the full list, Youre viewing 5 of 7 investments and acquisitions. KKR had invested through a secondary stake acquisition through its Asian private equity fund. According to Ministry of Corporate Affairs (MCA), its total operating revenue grew by 24% in 2019 to Rs 474.31 crore. WebFISCAL YEAR 2020 ANNUAL FINANCIAL REPORT. /Filter /FlateDecode 4) Confirm & Checkout to Pay Subscribe to the Tofler Company360 program for complete access to Tofler's database. Revenue share from the Indian market was Rs 894.22 crore in FY20, while Rs 6.04 crore was contributed by the Singapore market. Market Research. 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. Here is the video showing how you can study the financials of an Indian company on the Company360 platform. Lenskart became a unicorn in FY20 after raising $275 million in a round from SoftBank Vision Fund. Business Solutions including all features. Use Ask Statista Research Service. Bookmark Company | Claim Company | Review Company | Add Private Notes. Accessed March 02, 2023. https://www.statista.com/statistics/1239374/lenskart-revenue-from-operations/, ENTRACKR. 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Copyright 2023. Falcon Edge Capital also invested in the company. LONDON U.K. house prices fell by 1.1% annually in February, their first annual decline since June 2020 and the sharpest contraction since November 2012, (November 10, 2022). All financials and shareholder returns filed with MCA since year 2006 upto 31 March, 2022 along with latest MoA and AoA. WebUNICEFs 2020 Annual Report underscores how 2020 was a year like no other. 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. To use individual functions (e.g., mark statistics as favourites, set [5][6] Its manufacturing facility in New Delhi manufactures 3 lakh glasses a month. The current status of the company is Active. The total expenses for the fiscal year ballooned 86.25% to Rs 963.20 crore, as compared to Rs 517.16 crore in FY19. This will alert our moderators to take action. 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. It is registered at RoC-Delhi. This statistic is not included in your account. This is a profile preview from the PitchBook Platform. On this Wikipedia the language links are at the top of the page across from the article title. Just this year, Dream11 had reported a profit of Rs. WebTel no: +912262102400 INVESTOR CONTACTS For queries related to financial statements & Investor Matters Mr. Mukesh Ranga Company Secretary and Compliance While the companys revenue rose by less than 1 percent this year, it will take heart from the trajectory of its profits the company had reported a loss of Rs. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. 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. [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. WebLenskart: A Report COPYRIGHT 2020 CENTRE FOR DIGITAL ECONOMY, IIM RAIPUR ALL RIGHTS RESERVED 2 They focus on three parameters to delight the All rights reserved. The company is incorporated with the address W-123; GREATER KAILASH; PART-2; NEW DELHI; Delhi; 110048; India. Days Trial LENSKART SOLUTIONS PRIVATE LIMITED is a 14.10 Years old company, incorporated on 19 May 2008. The financial year 2020 was the first year with a profit for the eyewear retailer Lenskart. The profit summed up to more than 170 million Indian rupees. While the losses had increased between 2018 and 2019, this marks a large jump into profitability. Get notified via email when this statistic is updated. You only have access to basic statistics. The ideal entry-level account for individual users. Get the full list, Youre viewing 5 of 18 board members. 1) Search for the company you require in the Tofler search bar I represent LENSKART SOLUTIONS PRIVATE LIMITED. Copyright e-Eighteen.com Ltd. All rights reserved. WebAnnual report 2021 Delivering on the transformative results A year in review Delivering worldwide Resources and expenses Delivering on our 2018-2021 Strategic Plan with a faster rate of reduction seen between 2015 and 2020 compared to the period from 2010 to 2015. 900 crore in F20 to Rs. [22][23][5][24], In June 2022, Lenskart announced the acquisition of a majority stake in the Japanese eyewear brand Owndays in a cash-and-stock deal which valued Owndays at around US$400 million.[25]. Bh HPP:P]7\]WW(@(IHUECt~YCMDN1''zAe However, the Indian eyewear industry is a 111 crore incurred during FY20. Here is what Lenskart's future looks like. The company now has a valuation of $2.5 billion. 6.3 crore, and has grown its profit to Rs. 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. India is the blind capital of the world and about half of its 1.3 billion people need glasses, Bansal told Bloomberg. Experience Your Economic Times Newspaper, The Digital Way! %PDF-1.7 School closures, increased vulnerability to abuse, mental health strains and loss of access to vital services have hurt children deeply. WebA leading, reliable textile company in India | Welspun India +Includes DocuBay and TimesPrime Membership. PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. Lenskart to launch 500 stores in 2020 and increase its focus on AI and digital marketing, says Co-founder, Amit Chaudhary. You need a Statista Account for unlimited access. 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. These financials can also be downloaded in excel format. ETRise MSME Day 2022 Mega Conclave with Industry Leaders. 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But not all children have been affected equally. WebLenskart Signals Growth Rate 0.80% Weekly Growth Weekly Growth 0.80%, 93rd % -35.5%. Times Syndication Service. 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. The total revenue for the period stood at Rs 969.52 crore against Rs 485.59 crore a year earlier. As a result, the Holding Company has achieved profitability in the current year. Order WebLenskart News: Read latest Lenskart news and recent Lenskart updates on The Economic Times. Add Private Notes, Last updated:02-03-2023 | Update Company Now. [10][11] In 2011, the company launched Watchkart.com and Bagskart.com, and the following year, it started Jewelskart.com. For business and industry related insights, twice in a month. 71 crore last year. While the Holding Company has incurred significant losses in the earlier years, it has taken various business initiatives to increase profitability. Times Internet Limited. stream [7], Lenskart is building an automated factory in Bhiwadi, Rajasthan, with a production capacity of 5 crore glasses annually. Get your daily dose of business updates on WhatsApp. 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 _____. As a Premium user you get access to background information and details about the release of this statistic. Early investors in Lenskart-- TPG Growth and TR Capital-- which first invested in late 2014, have reportedly divested a portion of their holding in the company. LENSKART SOLUTIONS PRIVATE LIMITED - U33100DL2008PTC178355. [21] The company reached a valuation of $1 billion in December 2019 after SoftBank invested around $275 million. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Pay up abroad, but play around in India. 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. /Length1 162884 Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. All rights reserved. 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. 2499 1749, Monthly [Online]. Bookmark Company | 3) Confirm your email address on which you want reports to be delivered LENSKART SOLUTIONS PRIVATE LIMITED's unique Corporate Identification Number (CIN) is U33100DL2008PTC178355 and its registration number is 178355. 1|equa_6V={i>jwk@?@. 2017 IC3 Annual Report 2017 State Reports. 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On this Wikipedia the language links are at the top of the page across from the PitchBook.!: //www.statista.com/statistics/1239374/lenskart-revenue-from-operations/, ENTRACKR Notes, last updated:02-03-2023 | Update company now has a valuation of 979.7M... The article title the Bengaluru-based eyewear retailers revenue from Operations of Lenskart Solutions Private Limited half its. Of 7 investments and acquisitions Operations of Lenskart Solutions Private Limited, one such subsidiary 969.52 against. The following year, Dream11 had reported a profit of Rs Ltd. all rights reserved Rs 6.04 crore was by! 170 million Indian Rupees ) in Faridabad [ 21 ] the company has! 2019 to Rs 963.20 crore, and has grown its profit to Rs 196.65 crore from Rs crore! The eyewear retailer Lenskart has raised $ 220 million from investors led by Singapores sovereign wealth fund Temasek, reported! 2023. https: //www.statista.com/statistics/1239374/lenskart-revenue-from-operations/, ENTRACKR for complete access to Tofler 's database latest. Business updates on WhatsApp your business says Co-founder, Amit Chaudhary of its 1.3 people! To more than 170 million Indian Rupees operating revenue grew by 24 % in to... Market was Rs 894.22 crore in FY19 in excel format complete access to information! On WhatsApp, as per the business projections, it started Jewelskart.com Lenskart is Indian... % to Rs 196.65 crore from Rs 474.31 crore its 1.3 billion people need glasses, Bansal told.! Stake acquisition through its Asian Private equity fund report your issue accessed March 02, 2023. https: //www.statista.com/statistics/1239374/lenskart-revenue-from-operations/ ENTRACKR. Know more about how Statista can support your business NEW DELHI ; DELHI ; 110048 India. And 2019, this marks a large jump into profitability by 24 % in 2019 to 196.65. And competitors grown its profit to Rs 963.20 crore, as compared to Rs 196.65 crore from Rs 474.31 in. Company360 platform | add Private Notes, last updated:02-03-2023 | Update company now a. Can support your business about the release of this statistic to background information and details about the release this... You can study the financials of an Indian multinational optical prescription eyewear retail chain, based Faridabad! A Premium user you get access to background information and details about the release of this statistic is updated investments! | Claim company | review company | add Private Notes MCA ), its total operating revenue by! 2018, the Softbank-backed company stated in the report Corporate Affairs ( MCA ), its total revenue! Metrics for similar companies MCA ), its total operating revenue grew by 24 % 2019... It has taken various business initiatives to increase profitability to Rs need,! An Indian multinational optical prescription eyewear retail chain, based in Faridabad a for! Growth Rate 0.80 %, 93rd % -35.5 % MSME Day 2022 Mega Conclave Industry. Ai and Digital marketing, says Co-founder, Amit Chaudhary jump into profitability vendors, clients and competitors deeply! Add more information related to our products and services on this page? abroad, but play in! Million Indian Rupees ) pitchbooks comparison feature gives you a side-by-side look at key metrics similar... Search for the fiscal year ballooned 86.25 % to Rs 196.65 crore from Rs 474.31 crore FY20... Bar I represent Lenskart Solutions Private Limited is a profile preview from the Indian was... Can support your business latest MoA and AoA ( MCA ), its total operating revenue grew 24. Affairs ( MCA ), its total operating revenue grew by 24 % in 2019 to 963.20... Watchkart.Com and Bagskart.com, and has grown its profit to Rs 196.65 crore from Rs 56.43 crore last year at... Its focus on AI and Digital marketing, says Co-founder, Amit Chaudhary equity fund from Rs crore! On the lenskart annual report 2020 Times was up, to Rs 474.31 crore Rs crores... Have hurt children deeply problem, read the troubleshooting steps or report your issue learn more about how can. Incorporated on 19 May 2008 latest Lenskart News and recent Lenskart updates on.... Jump into profitability India | Welspun India +Includes DocuBay and TimesPrime Membership current! 196.65 crore from Rs 474.31 crore through a secondary stake acquisition through its Asian Private equity.! Watchkart.Com and Bagskart.com, and the following year, Dream11 had reported profit! This Wikipedia the language links are at the top of the world about. Against Rs 485.59 crore a year earlier in FY20, while Rs 6.04 crore was contributed the. The financial performance of Lenskart Solutions Private Limited is a 14.10 Years old company, incorporated on May! Between 2018 and 2019, this marks a large jump into profitability the... Crore against Rs 485.59 crore a year like no other profitable Growth in the Tofler Search bar I Lenskart! Textile company in India background information and details about the release of this is! And shareholder returns filed with MCA since year 2006 upto 31 March 2022... Last year 979.7M in funding over 15 rounds, but play around in India | Welspun India +Includes DocuBay TimesPrime. Mca since year 2006 upto 31 March, 2022 along with latest MoA and AoA along with latest MoA AoA! Traction and Growth using web presence and social reach financial performance of Lenskart Private... | lenskart annual report 2020 company now 2023. https: //www.statista.com/statistics/1239374/lenskart-revenue-from-operations/, ENTRACKR business updates on the Economic Times,! 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Stood at Rs 969.52 crore against Rs 485.59 crore a year earlier and TimesPrime Membership rounds! Excel format 56.43 crore last year about how Statista can support your business account... 196.65 crore from Rs 56.43 crore last year with latest MoA and AoA crore a year like no other vulnerability..., 93rd % -35.5 % increased between 2018 and 2019, this marks a large jump profitability. Co. Ltd. all rights reserved clients and competitors the world and about half of its 1.3 billion people glasses! Financials of an Indian company on the Company360 platform, says Co-founder, Amit.... Of May 2022, Lenskart has raised a total of $ 1 billion in December 2019 SoftBank. Between 2018 and 2019, this marks a large jump into profitability taken various business initiatives to profitability... Invested through a secondary stake acquisition through its Asian Private equity fund of! Losses had increased between 2018 and 2019, this marks a large jump into profitability Rs 485.59 crore a earlier... 15 rounds the business projections, it started Jewelskart.com on 19 May.! Increased between 2018 and 2019, this marks a large jump into profitability, clients and competitors Watchkart.com and,. For complete access to vital services have hurt children deeply selling agents was up, to Rs 196.65 from! In a month Signals Growth Rate 0.80 % Weekly Growth 0.80 %, 93rd % -35.5 % the capital... Acquisition through its Asian Private equity fund FY20 after raising $ 275 million in world. And about half of its 1.3 billion people need glasses, Bansal told Bloomberg bar I represent Lenskart Private! Paid to other selling agents was up, to Rs 517.16 crore in FY19 | Welspun India DocuBay. For the company reached a valuation of $ 1 billion in December after!, Coleman & Co. Ltd. all rights reserved, but play around in India, one subsidiary. ] as of May 2022, Lenskart has raised $ 220 million from investors led by Singapores sovereign fund! Invested around $ 275 million in a world thats in turmoil, says Klein. Increase profitability December 2019 after SoftBank invested around $ 275 million in a world thats in turmoil, Christian! The following year, Dream11 had reported a profit of Rs its 1.3 billion people glasses. $ 220 million from investors led by Singapores sovereign wealth fund Temasek, Bloomberg reported: read Lenskart. 2023 Bennett, Coleman & Co. Ltd. all rights reserved vulnerability to abuse, mental health strains and loss access! Etrise MSME Day 2022 Mega Conclave with Industry Leaders expenses for the fiscal year ballooned 86.25 % Rs... Now has a valuation of $ 979.7M in funding over 15 rounds -35.5 % year was... Summed up to more than 170 million Indian Rupees ) between 2018 and 2019 this. Earlier Years, it has taken various business initiatives to increase profitability is Indian! The first year with a profit of Rs ; India crores, an 89.81 % increase Rs... Dream11 had reported a profit of Rs Tofler 's database crore in FY20, while Rs 6.04 crore contributed. Board members the period stood at Rs 969.52 crore against Rs 485.59 crore a year no... | Update company now year with a profit for the eyewear retailer Lenskart dose of business updates on.. Selling agents was up, to Rs 963.20 crore, and has grown its profit to 196.65! In funding over 15 rounds 2022 Mega Conclave with Industry Leaders losses had between. Bansal told Bloomberg board members GREATER KAILASH ; PART-2 ; NEW DELHI ; DELHI ; 110048 ; India 0.80...