Eyewear retailer, Lenskart has acquihired Hyderabad-based delivery platform DailyJoy. The company has also opened a technology centre in the city and will hire more than 100 people across product, engineering, and design verticals in the coming six months.
“The Hyderabad team will be at the forefront of engineering, new initiatives & innovation. We plan to double our current 150 member technology team with new recruitments in engineering, product, and data science functions, in the next 6 months,” informed Co-founder of Lenskart – Ramneek Khurana.
Incepted in 2010, Lenskart.com operates across 700 stores online, home-service and accounts for a market share of 30% in India’s organised eyewear market.
It is funded by Softbank, Kedaara Capital, TPG, IFC, Premji Invest and other marquee investors.
“As we join hands, it will be our endeavour to synchronise our synergies with Lenskart and add value to their remarkable journey going forward in the ever-evolving eye-wear industry,” added ex-CEO of DailyJoy – Satish Sharma.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.
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