Lenskart, a leading eyewear company, has appointed Shweta Shukla as its Chief People Officer, according to ETHRWorld report. In this role, Shukla will lead the People function globally and be a member of the executive management team. Her key focus will be on driving global growth, organisation effectiveness and culture & leadership. Shukla replaces Lenskart’s…
Tag: Peyush Bansal
Lenskart raises $28 mn from Avendus Future Leaders Fund II
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•Omnichannel eyewear brand Lenskart has raised $28 million from Avendus Future Leaders Fund II, according to the startup’s regulatory filings. Existing investors Temasek, Schroder Adveq and others also participated in the funding round. Lenskart will invest a portion of the funding round in its direct-to-commerce (D2C) roll-up commerce venture Neso Brands, according to ETtech report.…
Lenskart to hire 2000+ employees across India by 2022
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•Lenskart, India’s omnichannel eye-wear brand, said it has plans to expand and strengthen its workforce, and add 2000+ employees across the country by 2022 , as part of its plan to increase its consumer base over the next few years. Lenskart has been aggressively hiring across verticals especially the tech and data science team, roping in…
Lenskart announces expansion plans, to add 300 + stores this financial year
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•Lenskart, India’s omnichannel eye-wear brand, announced it has launched its 100th store in Bengaluru, Karnataka. The company recently concluded a total of $315mn transaction from global growth tech investors this month. With this, the company further plans to expand its retail footprint in the Southern region in the coming months. Lenskart outlets in Bengaluru are…
Lenskart launches Lenskart Vision Fund, to invest $2 mn in startups
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•India’s leading omni-channel D2C eyewear brand Lenskart has announced its plans to invest up to $2mn in each of the selected start-ups that are synergistic to the eyewear, eye-care and omni-channel retail sectors. In addition to the infusion of capital, select start-ups will benefit from Lenskart’s phenomenal market access via 700+ retail stores and online…
Gurugram-based inFeedo raises $700,000 from Y Combinator, others
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•inFeedo, a SaaS-based people analytics startup, announced that it has raised $700,000 financing from Y Combinator, a Silicon Valley-based startup incubator, according to the ETtech report. Angel investors like Innov8 founder Ritesh Malik, Lenskart cofounder Peyush Bansal, former Facebook director Anand Chandrashekharan, Cisco’s Vinod Muthukrishnan, Inventus Law founder Anil Advani, and Kwench founder Sunder Nookala…
Lenskart raises $231 mn
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•Lenskart, India’s fastest growing eyewear company raised $231 million from SVF II Lightbulb, a Cayman Islands-based entity which is an investment vehicle of Softbank Vision Fund (SVF). The company was founded by Peyush Bansal and Amit Chaudhary in 2008. Lenskart has already been in discussions with SoftBank Vision Fund this year to raise a funding…