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Peyush Bansal

How retail’s new-age baniyas are becoming digital disruptors, courtesy millennials

Born with business in their DNA, baniyas have written several success stories when it comes to traditional, brick-and-mortar industry. With the spurt in digital economy, the clan - be it a Bansal, a Goyal, a Gupta or an Agarwal...

Lenskart earmarks US $3 mn to invest in ‘eye-tech’ startups

Online eyewear firm Lenskart said it has earmarked about US $2-3 million to invest in companies that are working on either products or technologies that can help provide affordable eyecare solutions.According to a PTI report: As part of this...

Lenskart’s John Jacobs eyes Rs 500 crore revenue by FY 2020-21

Online eyewear firm Lenskart on Sunday said it expects its affordable-premium eyewear brand John Jacobs to clock revenues of Rs 500 crore by FY 2020-21 as it expands the offline retail presence of the brand.According to a PTI report:...

Lenskart to take store count to 900 soon, clock Rs 600 crore revenue this fiscal

Online eyewear major Lenskart has set on the path of a major expansion spree in Tier I & II cities across India. The brand is targeting to take its total brick-and-mortar store count to 900 over the next two years. In an...

Katrina Kaif is Lenskart brand ambassador

Actress Katrina Kaif has been roped in as the brand ambassador of eyewear company Lenskart. The actress will be the face of Lenskart for the next two years and would also feature in the brand's new campaign, said a statement. "I...

Lenskart invests US $1 million in US start-up Ditto

Online eyewear firm Lenskart said it has invested US $1 million in Ditto to pick up a minority stake in the US-based start-up. Lenskart already uses Ditto's 3D try-on services on its website and app. Further integration will help Lenskart enhance...

Lenskart's IPO to hit markets in three years

Online eyewear firm Lenskart plans to launch its initial public offering (IPO) in the next three years to create value and provide exit option to existing shareholders. “As the company grows, we see IPO will create more value for everybody....

Lenskart to invest Rs 100 crore on expansion; open 400 stores in 2 years

Ratan Tata-backed eyeware retailer Lenskart plans to invest over Rs 100 crore on business expansion, including opening of 400 stores, in the next two years. According to a PTI report: The company, which has a strong online presence, is eyeing...

E-tail to brick-and-mortar: Are Indian e-commerce firms reinventing the wheel?

In a bid to curb higher marketing costs and cater to diverse customer needs in a highly competitive market, Indian e-commerce players, in a reverse trend, are now expanding their platforms to brick-and-mortar outlets. "The crux of the online business...

Lenskart unveils app that doesn't need Internet

In a first for the Indian e-commerce industry, leading eyewear company Lenskart has launched a unique 'Lenskart Lite' app for Android users which requires no Internet connection to shop from its website. The app is based on SMS technology. In the...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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