Peyush Bansal

Retail

Lenskart partners with SoftBank to invest in technology and supply chain

Indiaretailing Bureau -
Lenskart, India’s leading eye-wear retailer, is raising US $275+ million from Softbank Vision Fund, including some stake sale from early investors. The investment will be utilized for augmenting Lenskart's tech capabilities and strengthening its supply chain infrastructure. Avendus Capital was...
Who’s Who

Peyush Bansal, CEO & Founder, Lenskart

Indiaretailing Bureau -
Peyush Bansal is the CEO and Founder at Lenskart. A veteran in the e-commerce space with close to nine years of work experience, Bansal founded Lenskart in the year 2010. Lenskart envisions to solve India’s eye care problem and redefine...
Retail

Lenskart elevates customer experience with the launch of its 500th store

Indiaretailing Bureau -
Lenskart, the eyewear retailer which retails eyewear, sunglasses and contact lenses launched its 500th store in Bengaluru. Spread across a sprawling 5,000 sq.ft, the store has been curated to deliver an immersive experience for the customers with its unique offering....
Retail

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

IANS -
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...
Retail

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

Indiaretailing Bureau -
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...
Retail

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

Indiaretailing Bureau -
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:...
Retail

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

Charu Lamba -
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...
Retail

Katrina Kaif is Lenskart brand ambassador

IANS -
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...
Retail

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

Indiaretailing Bureau -
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...
Retail

Lenskart's IPO to hit markets in three years

Indiaretailing Bureau -
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....
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Case StudiesSatish Panchapakesan -

Arvind Fashions’ data-driven digital transformation with Google Cloud

How Arvind Fashion Ltd. increased productivity and enhanced some of the existing business processes and systems with the help...
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