Eyegear

Hyderabad, India Founded: 2008 • Age: 18 yrs Minicorn
Optical glasses are provided by Eyegear in Hyderabad, India.

About Eyegear

Eyegear is a Consumer company based in Hyderabad (India) founded in 2008. Optical glasses are provided by Eyegear in Hyderabad, India. Eyegear has raised $9.6 million across 9 funding rounds from investors including Ventureast, Asian Healthcare Fund and Alahari Sai Kiran. The company has 2,084 employees. Eyegear was last valued at $18.81 million in February 2015. Its Indian entity Eyegear Optics India Private Limited reported revenue of β‚Ή292 Cr. Eyegear offers products and services including Sunglasses and Eyeglasses. Its focus areas include Consumer Goods, Fashion Accessories and Eyewear.

Company details

Eyegear was established in 2008 in Hyderabad, India, within the optical industry. Optical glasses are supplied as the primary service, with operations centered on eyewear provision. The company is owned by Santosh Rapeti and maintains an online presence via eyegear.com. Focus is placed on serving regional customers in the Indian market, handling distribution and sales of optical products.

  • Headquarters Hyderabad, India
  • Employees 2,084
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website eyegear.com
  • Legal Name Eyegear Optics India Private Limited
  • Date of Incorporation 04 Aug, 2008
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹292 Cr

    FY 2025 · +2% YoY

  • Net Loss
    -₹10.75 Cr

    FY 2025 · -4% margin

  • EBITDA
    ₹9.46 Cr

    FY 2025 · 3% margin

  • Total Equity Funding
    $9.6M (USD)

    in 9 rounds

  • Latest Funding Round
    $6.5M (USD), Series A

    Feb 2015

  • Investors
    Ventureast

    & 48 more

  • Employee Count
    2,084

Products & Services of Eyegear

Eyegear offers a comprehensive portfolio of products and services, including Sunglasses and Eyeglasses.

Sunglasses
Eyewear

Sunglasses are provided for protection against sunlight and are available for online purchase.

Eyeglasses
Eyewear

Eyeglasses are supplied for vision correction and can be ordered through the platform.

Funding Insights of Eyegear

Eyegear has successfully raised a total of $9.6M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in February 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $9.6M
  • Total Rounds 9
  • Last Round Series A β€” $6.5M
  • First Round $218,449

    (Oct 2008)

  • Investors Count 49

All 9 funding rounds of Eyegear with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2015$6.5MSeries A$18.81M–
Oct 2013Angel Round$8.63MAlahari Sai Kiran, Srilatha Velivalaran
–
Oct 2012$94,697Angel Round$β€’β€’β€’β€’β€’Atulya Verma
Mar 2012$191,243Angel Round$β€’β€’β€’β€’β€’Janakiram Cherala, Prasanna Cherala
–
Sep 2011$2.05MAngel Round$β€’β€’β€’β€’β€’Pratima Koppolu
Jul 2010$128,408Angel Round$‒‒‒‒‒–
Mar 2010$43,960Angel Round$β€’β€’β€’β€’β€’Ravela Ramesh, Guduru Koteswara Rao
Aug 2009$374,452Angel Round$β€’β€’β€’β€’β€’Rajani Kishore Panja
Oct 2008$218,449Angel Round$β€’β€’β€’β€’β€’Sharath Chandrika Renukuntla
Valuation history
DateValuationStage
Feb 2015$18.81Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2013$8.63Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2011$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2010$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2010$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Aug 2009$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Eyegear

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Last known valuation $18.81M (Feb 2015). 49 investors in total: 2 institutional and 47 angel.

Investors in Eyegear

Eyegear has secured backing from 49 investors, including venture fund and angel investors. Prominent investors backing the company include Ventureast, Asian Healthcare Fund and Alahari Sai Kiran.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
PE firm invests in India
2010asianhealthcarefund.comDelhi, India
Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
1997ventureast.netBengaluru, India

Alahari Sai Kiran

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Srilatha Velivalaran

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Srinivasa Chakravarthy Bokkisam

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Praveen Akula

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Atulya Verma

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Ravindra Raju Mantena

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Janakiram Cherala

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Prasanna Cherala

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Investor details for Eyegear

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Board of directors of Eyegear Optics India Private Limited (Eyegear)

Eyegear Optics India Private Limited is the primary company behind Eyegear. The board of Eyegear Optics India Private Limited currently have 4 directors; the longest-serving is Santhosh Kumar Rapeti, appointed in 2008. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Santhosh Kumar Rapeti
DIN 02166648
Whole-time director04 Aug 200818 yrs 3 moEyegear Optics India Private Limited
Rajasekhar Pyla
DIN 05113019
Managing Director04 Nov 201115 yrsEyegear Optics India Private Limited
Sameer Wagle Anil
DIN 02341432
Nominee Director24 Mar 201511 yrs 7 moEyegear Optics India Private Limited
Sai Sanjeev Yamsani
DIN 09482173
Nominee Director17 Jun 20224 yrs 4 moEyegear Optics India Private Limited

People of Eyegear

1 people are tracked at Eyegear (1 in leadership); the tracked headcount is 2,084.

NameRoleGroup
Santosh Rapeti
OwnerLeadership
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Financials of Eyegear

Figures of Eyegear Optics India Private Limited, the primary company behind Eyegear, for FY 2025. Revenue was ₹292 Cr (+2% year on year). Net loss was -₹10.75 Cr (-4% margin). EBITDA was ₹9.46 Cr (3% margin). Revenue has grown at a compounded annual rate of +13% over three years and +10% over five years.

  • ₹292 CrRevenue · FY 2025 · +2% YoY
  • -₹10.75 CrNet loss · -4% margin
  • ₹9.46 CrEBITDA · 3% margin
  • ₹51.3 LakhPaid-up capital
  • 1,972Employees (provident fund records)
  • +13%Revenue CAGR, 3 years
  • +10%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Eyegear Optics India Private Limited are on its company page.

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Detailed financial statements for Eyegear

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Timeline of Eyegear

4 dated milestones of Eyegear across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Eyegear is founded.
  2. Funding First funding round of $218K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $6.5M.

Top companies in Fashion & Lifestyle Products

3 companies that operate in the same segment as Eyegear (Fashion & Lifestyle Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Jewellery is retailed via stores and an online platform.
1993Thrissur, Kerala, IndiaUSD 3.83 B12,466
Fine jewelry brand
1994Bengaluru, Karnataka, IndiaUSD 10.3 B126
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Related news about Eyegear

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Frequently Asked Questions about Eyegear

Eyegear was founded in 2008.

Eyegear is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Eyegear is a funded company, having raised a total of $9.6M across 9 funding rounds to date. The company's 1st funding round was a Angel Round of $218.45K, raised on Oct 2008.

Eyegear has 2,084 employees.

The primary company behind Eyegear, Eyegear Optics India Private Limited, reported revenue of β‚Ή292 Cr for FY 2025, up 2% year on year.

Eyegear was established in 2008 in Hyderabad, India, within the optical industry. Optical glasses are supplied as the primary service, with operations centered on eyewear provision. The company is owned by Santosh Rapeti and maintains an online presence via eyegear.com. Focus is placed on serving regional customers in the Indian market, handling distribution and sales of optical products.

Eyegear offers Sunglasses and Eyeglasses.

Eyegear has 49 investors. Key investors include Ventureast, Asian Healthcare Fund, Alahari Sai Kiran, Srilatha Velivalaran, and Srinivasa Chakravarthy Bokkisam.

The valuation of Eyegear is $18.81M as of Feb 2015.

Eyegear operates through Eyegear Optics India Private Limited.

The legal entities of Eyegear currently have 4 directors, including Santhosh Kumar Rapeti, Rajasekhar Pyla, Sai Sanjeev Yamsani and others.

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