About LensPick
LensPick is a Retail company based in Bengaluru (India) founded in 2013 by Janaki Chakravarthy Byra and Pavani Byra. Private label eyewear is retailed online and offline by LensPick. LensPick has raised $500 thousand across 1 funding round from investors including Scadea Solutions. Its Indian entity Venkart E-Com Private Limited reported revenue of ₹2.7 Lakh. LensPick offers products and services including Eyeglasses, Sunglasses, Contact Lenses, and Lens Solutions. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Accessories. Its competitors include EyeMyEye, Lensfit and Himalaya Opticals; 1 of its 3 listed competitors has raised funding.
Company details
LensPick is an online private label retailer for prescription and non-prescription eyewear. Product categories include eyeglasses, sunglasses, contact lenses and eye care accessories. Also has 20 off-line stores in Hyderabad and Bengaluru and plans to increase the number to 100 in the next 2-3 years covering tier 1 and tier 2 cities in South India. US-based Scadea Solutions has invested in LensPick and has picked a 10 percent stake at a valuation of 5M after its second investment in Sep 2016.
- Headquarters Bengaluru, India
- Founders Janaki Chakravarthy Byra, Pavani Byra
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website lenspick.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Venkart E-Com Private Limited
- Date of Incorporation 05 Mar, 2012
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.7 Lakh
FY 2024 · +9% YoY
- Net Loss-₹64 Lakh
FY 2024 · -2347% margin
- EBITDA-₹50.9 Lakh
FY 2024 · -1867% margin
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
Sep 2016
- Investors
Associated legal entities of LensPick
LensPick operates through Venkart E-Com Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Venkart E-Com Private Limited CIN U74120TG2012PTC079500 | Active | 05 Mar 2012 | Hyderabad, Telangana | ₹0.0 Cr | 2 | View details |
Products & Services of LensPick
LensPick offers a comprehensive portfolio of products and services, including Eyeglasses, Sunglasses, Contact Lenses, and Lens Solutions.
Prescription glasses for vision correction and style.
Fashion sunglasses for sun protection and daily use.
Disposable lenses for clear vision and convenience.
Products for cleaning and maintaining contact lenses.
Apps and channels of LensPick
its YouTube channel Lens Pick has 9 subscribers.
Funding Insights of LensPick
LensPick has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in September 2016. 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 $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(Sep 2016)
- Investors Count 1
All 1 funding rounds of LensPick with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $500,000 | Seed | – | Scadea Solutions | – |
1 investors in total: 1 institutional.
Investors in LensPick
LensPick has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Scadea Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offers IT consulting, automation, and software development services to global businesses. | 2011 | scadea.com | Princeton, United States |
Investor details for LensPick
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Board of directors of Venkart E-Com Private Limited (LensPick)
Venkart E-Com Private Limited is the primary company behind LensPick. The board of Venkart E-Com Private Limited currently have 2 directors; the longest-serving is Janaki Chakravarthi Byra, appointed in 2014. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Janaki Chakravarthi Byra DIN 06932981 | Director | 24 Jul 2014 | 12 yrs 3 mo | Venkart E-Com Private Limited |
| Nehru Babu Mamidi DIN 10442364 | Director | 02 Jan 2024 | 2 yrs 10 mo | Venkart E-Com Private Limited |
People of LensPick
2 people are tracked at LensPick (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for LensPick
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of LensPick
Figures of Venkart E-Com Private Limited, the primary company behind LensPick, for FY 2024. Revenue was ₹2.7 Lakh (+9% year on year). Net loss was -₹64 Lakh (-2347% margin). EBITDA was -₹50.9 Lakh (-1867% margin). Revenue has grown at a compounded annual rate of -68% over five years.
- ₹2.7 LakhRevenue · FY 2024 · +9% YoY
- -₹64 LakhNet loss · -2347% margin
- -₹50.9 LakhEBITDA · -1867% margin
- ₹21 LakhPaid-up capital
- -68%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Venkart E-Com Private Limited are on its company page.
Detailed financial statements for LensPick
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of LensPick
2 dated milestones of LensPick across 3 years, from founding to its latest funding, stage changes and deals.
- Founded LensPick is founded.
- Funding First funding round of $500K.
Competitors of LensPick
LensPick has 3 listed competitors in our database, 1 of them funded. They include EyeMyEye, Lensfit and Himalaya Opticals.
| 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. | |
| lensfit.com | 2017 | Hyderabad, India | Operates an online e-commerce store specializing in eyewear for men and women. | |||
| himalayaoptical.com | 1935 | Kolkata, India | 5 | Online retailer offering spectacles, sunglasses, contact lenses, and optical accessories for consumers. |
Detailed competitors of LensPick
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of LensPick
Websites that share an audience with LensPick (lenspick.com).
Websites whose visitors overlap most with LensPick. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
diabeticpick.com | diabeticpick.com | 100% | – | ||
| healthkart.com | 99% | 1.4M | #44,902 | View details | |
| titaneyeplus.com | 98% | 1.3M | #30,473 | View details | |
| crazyspects.com | 37% | 8K | #2,265,546 | View details |
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as LensPick (Fashion & Lifestyle E-Commerce) in India, 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 1.04 B | USD 939.4 M | 18,984 | |
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 144.58 M | USD 32.66 M | 711 |
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Related news about Lenspick
Complete news archive for LensPick
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Frequently Asked Questions about LensPick
LensPick was founded in 2013 and raised its 1st funding round 3 years after it was founded.
LensPick is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
LensPick is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Sep 2016.
The primary company behind LensPick, Venkart E-Com Private Limited, reported revenue of ₹2.7 Lakh for FY 2024, up 9% year on year.
LensPick is an online private label retailer for prescription and non-prescription eyewear. Product categories include eyeglasses, sunglasses, contact lenses and eye care accessories. Also has 20 off-line stores in Hyderabad and Bengaluru and plans to increase the number to 100 in the next 2-3 years covering tier 1 and tier 2 cities in South India. US-based Scadea Solutions has invested in LensPick and has picked a 10 percent stake at a valuation of 5M after its second investment in Sep 2016.
LensPick's top competitors include EyeMyEye, Himalaya Opticals and Lensfit.
LensPick offers Eyeglasses, Sunglasses, Contact Lenses, and Lens Solutions.
LensPick has 1 investor. Key investors include Scadea Solutions.
LensPick operates through Venkart E-Com Private Limited.
The legal entities of LensPick currently have 2 directors, including Nehru Babu Mamidi, Janaki Chakravarthi Byra.