About Lensfit
Lensfit is a company based in Hyderabad (India) founded in 2017 by Vamsi Seemakurthi. It operates as a B2C. Lensfit operates in a competitive market with competitors including EyeMyEye, Himalaya Opticals, EyeFye, Hollywood Opticians and Yourspex, among others.
- Headquarter Hyderabad, India
- Founders Vamsi Seemakurthi
- SectorsRetail
- Website lensfit.com
- Legal Name Lensfit International Private Limited
- Date of Incorporation 02 Jan, 2017
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.35 Cr
FY 2021 · +364% YoY
- Net Profit₹2.6 Lakh
FY 2021 · 2% margin
- EBITDA₹4 Lakh
FY 2021 · 3% margin
Associated legal entities of Lensfit
Lensfit operates through Lensfit International Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lensfit International Private Limited CIN U74999TG2017PTC113834 | Active | 02 Jan 2017 | Hyderabad, Telangana | ₹1.3 Cr | – | 2 | View details |
Board of directors of Lensfit International Private Limited (Lensfit)
Lensfit International Private Limited is the primary company behind Lensfit. The board of Lensfit International Private Limited currently have 2 directors; the longest-serving is Abhilash Borra, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhilash Borra DIN 07691569 | Director | 02 Jan 2017 | 9 yrs 9 mo | Lensfit International Private Limited |
| Apoorva Borra DIN 09002364 | Director | 19 Dec 2020 | 5 yrs 9 mo | Lensfit International Private Limited |
People of Lensfit
1 people are tracked at Lensfit (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Lensfit
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Financials of Lensfit
Figures of Lensfit International Private Limited, the primary company behind Lensfit, for FY 2021. Revenue was ₹1.35 Cr (+364% year on year). Net profit was ₹2.6 Lakh (2% margin). EBITDA was ₹4 Lakh (3% margin). Revenue has grown at a compounded annual rate of +161% over three years.
- ₹1.35 CrRevenue · FY 2021 · +364% YoY
- ₹2.6 LakhNet profit · 2% margin
- ₹4 LakhEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- +161%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Lensfit International Private Limited are on its company page.
Detailed financial statements for Lensfit
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Competitors of Lensfit
Lensfit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EyeMyEye, Himalaya Opticals, EyeFye, Hollywood Opticians and Yourspex, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eyemyeye.com | 2021 | Gurugram, India | $11.82M | 23 | Eyewear and vision products are provided via an online platform. | |
| himalayaoptical.com | 1935 | Kolkata, India | – | 5 | Online retailer offering spectacles, sunglasses, contact lenses, and optical accessories for consumers. | |
| eyefye.in | 2014 | Mapusa, India | – | – | Contact lenses and eyewear are retailed online by EyeFye. | |
| hollywoodoptician.com | 2012 | Mumbai, India | – | – | Manages an e-commerce store offering eyewear products for men and women. | |
| yourspex.com | 2020 | Noida, India | – | – | Online platform selling spectacles, sunglasses, and lenses to consumers. | |
| lensstreet.com | 2010 | Delhi, India | – | – | Operates an online store specializing in contact lenses, sunglasses, and eyewear accessories. | |
| lenspick.com | 2013 | Bengaluru, India | $500,000 | – | Private label eyewear is retailed online and offline by LensPick. | |
| coolwinks.com | 2016 | Gurugram, India | – | 3 | Operates an online retailer specializing in prescription sunglasses. |
Detailed competitors of Lensfit
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- Full competitor set
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Similar companies to Lensfit
10 companies that operate in the same segment as Lensfit (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Lensfit
Lensfit was founded in 2017.
Lensfit is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Vamsi Seemakurthi is the current CEO of Lensfit. They have also founded this company.
The primary company behind Lensfit, Lensfit International Private Limited, reported revenue of ₹1.35 Cr for FY 2021, up 364% year on year.
Lensfit, founded in 2017 in Hyderabad, India, focuses on engaging in retail operations, operating online marketplaces, eyewear retail, and conducting sales online. Operates an online e-commerce store specializing in eyewear for men and women. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Lensfit's top competitors include EyeMyEye, Himalaya Opticals and Hollywood Opticians.
Lensfit operates through Lensfit International Private Limited.
The legal entities of Lensfit currently have 2 directors, including Abhilash Borra, Apoorva Borra.