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Lenskart's launches Vision Fund for select startups in
To invest $2 million in each enterprise, nurture innovations disrupting eyewear, eye-care and omnichannel
Omni-channel D2C eyewear brand Lenskart has announced plans to invest up to $2 million each in startups that
are synergistic to the eyewear, eye-care and omnichannel retail sectors. The fund has a corpus of $20 million.
Apart from capital infusion, Lenskart would be providing the enterprises market access via 700-plus retail stores
and online channels across India, Singapore, Middle East, and the US, the company said in a press release.
The release said access to Lenskart’s vertically integrated supply chain, technology stack for facilitating
omnichannel retail, and tech expertise in building futuristic technologies for eyewear will provide select startups the
right ecosystem to build consumer-centric, technology-led, disruptive products and services.
That apart, the senior leadership team at Lenskart will mentor the enterprises to navigate challenges during the
early phase of business building.
Speaking on the launch, Peyush Bansal, founder, and CEO of Lenskart said “We have traversed the challenging
journey as a startup to become a unicorn. We believe it’s time to give back to the ecosystem and support
exceptional entrepreneurs by helping them build scalable enterprises.”
Since the initiative is designed to help startups scale, Lenskart will select early-growth stage ventures with clear in-
market evidence of traction and customer adoption.
Focus sectors for investing include D2C eyewear and eye care brands, technologies enabling access to vision
care, eye testing technologies, omnichannel retail solutions across logistics, supply chain, merchandising,
marketing, in-store automation, and deep tech solutions for eyewear, retail, and e-commerce.