About Luxottica
Luxottica is a company based in New York (United States) founded in 1960 was acquired by Essilor International in January 2017.. The company has 152 employees as of March 31, 2024. Luxottica has completed 7 acquisitions, including Acqua Fiuggi, Alain Mikli and Barberini. Luxottica offers products and services including Eyewear and Eyecare Services.
- Headquarter New York, United States
- Employees 152 as on 31 Mar, 2024
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Luxottica India Eyewear Private Limited
- Date of Incorporation 15 Nov, 2007
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$78.35 M (USD)174.41as on Mar 31, 2023
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Net Profit
$5.24 M (USD)190.11as on Mar 31, 2023
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EBITDA
$7.33 M (USD)240.13as on Mar 31, 2023
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Latest Funding Round
$2 B (USD), Debt – Conventional
Aug 03, 2007
- Investors
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Employee Count
152
as on Mar 31, 2024
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Investments & Acquisitions
Acqua Fiuggi
& 6 more
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Acquired by
Essilor International
(Jan 16, 2017)
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Products & Services of Luxottica
Luxottica offers a comprehensive portfolio of products and services, including Eyewear and Eyecare Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Eyewear is manufactured and distributed by EssilorLuxottica for vision enhancement and correction purposes.
Eyecare services are provided by EssilorLuxottica, focusing on innovations in vision management and related health initiatives.
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Funding Insights of Luxottica
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $2.0B
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First Round
First Round
(04 Sep 2003)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2007 | Amount | Debt – Conventional - Luxottica | Valuation |
investors |
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| Sep, 2003 | Amount | Debt – Conventional - Luxottica | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Luxottica
Luxottica has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Essilor International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Manufacturer of lenses for multiple eye diseases
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Luxottica
Luxottica has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Acqua Fiuggi, Alain Mikli and Barberini. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Performance headwear and apparel for athletics are designed and manufactured.
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2015 | ||||
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Sunglasses and prescription eyewear are sold online by Glasses.com.
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2011 | ||||
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Sunglasses and contact lenses are retailed across Brazil.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Luxottica
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Luxottica Comparisons
Competitors of Luxottica
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Luxottica
When was Luxottica founded?
Luxottica was founded in 1960 and raised its 1st funding round 43 years after it was founded.
Where is Luxottica located?
Luxottica is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Luxottica?
Francesco Milleri is the current CEO of Luxottica.
How many employees does Luxottica have?
As of Mar 31, 2024, the latest employee count at Luxottica is 152.
What is the annual revenue of Luxottica?
Annual revenue of Luxottica is $78.35M as on Mar 31, 2023.
What does Luxottica do?
Luxottica was founded in 1960 and operates within the eyewear sector. Ophthalmic lenses, including progressive and specialized types for vision correction, are produced alongside eyeglasses and sunglasses from various brands. Diverse styles and price points are encompassed in the product range. The full value chain is managed, from lens fabrication to distribution of completed eyewear. Headquarters are located in New York, United States, with global operations.
What products or services does Luxottica offer?
Luxottica offers Eyewear and Eyecare Services.
How many acquisitions has Luxottica made?
Luxottica has made 7 acquisitions, including Acqua Fiuggi, Alain Mikli, and Barberini.
Who are Luxottica's investors?
Luxottica has 1 investor. Key investors include Essilor International.
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