Peyush Bansal, founder and CEO of Lenskart Lenskart may well be valued 20% more than in June, if discussions for a fresh secondary share sale of $200-300 million at a valuation of $6 billion bear fruit, people in the know told ET. Existing investors Fidelity, Kedaara Capital and a third “significant early investor” now want…
Hospitality startup Oyo’s former group chief financial officer, Abhishek Gupta, has joined omnichannel eyewear retailer Lenskart as its CFO. “After 9 amazing years at Oyo, I have recently joined Lenskart as the CFO. Thank you Ritesh (Agarwal) and the entire team of Oyo for the trust and friendship,” Gupta said in a LinkedIn post on…
Saumen Bhaumik, CEO of Eyecare Division at Titan Company Eyewear retailer Titan Eye+ will shift focus back to network expansion from the quarter beginning July, Saumen Bhaumik, chief executive officer of Eyecare Division at Titan Company, told ET. The retailer had focused on strengthening existing stores rather than opening new ones last year. “We are…
Peyush Bansal, CEO Lenskart Hopping on to the AI (artificial intelligence) bandwagon, omnichannel eyewear retailer Lenskart on Monday announced it will acquire Tango Eye, an AI based computer vision startup. The Chennai-based startup already counts Lenskart as an investor. Deal details were not disclosed. The startup helps retail stores to improve efficiency, increase sales and…
