About OiC
OiC is a Retail company based in Vancouver (Canada) founded in 2016. Virtual makeover solutions are provided for optical stores. It operates on a Two-Sided Marketplace and SaaS (Software-as-a-Service) model in Retail and Technology sectors. OiC has raised $310.57 thousand across 1 funding round. The company has 22 employees. Its Indian entity Adhyas Software Private Limited reported revenue of ₹35.9 Lakh. OiC offers products and services including Marketplace Platform, Virtual Mirror, POS System, CRM Solution, and Lens Simulation. Its focus areas include Software and Optical Solutions.
Company details
OiC is established as an online marketplace platform tailored for the optical sector. It is designed to facilitate B2B and B2C interactions by enabling brands and distributors to digitally connect with retailers and consumers. The platform is built to simplify shopping processes and enhance efficiency across the supply chain. Various solutions such as virtual mirror technology, POS systems, CRM tools, lens simulation, and website builders are provided to support the optical industrys digital transformation.
- Headquarters Vancouver, Canada
- Employees 22
- SectorsRetailTechnology
- Phone•••• ••••
- Website oicapps.com
- Social LinkedIn X Facebook Instagram
- Legal Name Adhyas Software Private Limited
- Date of Incorporation 04 May, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹35.9 Lakh
FY 2025 · +506% YoY
- Indian entity net loss-₹75,000
FY 2025 · -2% margin
- Indian entity EBITDA₹1.3 Lakh
FY 2025 · 4% margin
- Total Equity Funding$310.57K (USD)
in 1 rounds
- Latest Funding Round$310.57K (USD), Angel Round
Jul 2017
- Employee Count22
Associated legal entities of OiC
OiC operates through Adhyas Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adhyas Software Private Limited CIN U72900TN2017PTC116441 | Active | 04 May 2017 | Chennai, Tamil Nadu | ₹0.4 Cr | 24 | 2 | View details |
Products & Services of OiC
OiC offers a comprehensive portfolio of products and services, including Marketplace Platform, Virtual Mirror, POS System, CRM Solution, and Lens Simulation.
A platform is provided for optical B2B transactions.
Augmented reality is used for eyewear try-on experience.
Revenue potential is increased through POS system integration.
Customer relationships are managed with game-changing CRM tools.
Lens selection is enhanced through advanced simulation technology.
Business reach is extended with custom website creation.
Funding Insights of OiC
OiC has successfully raised a total of $310.57K through 1 strategic funding round. The most recent funding activity was a Angel Round of $310.57 thousand completed in July 2017. 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 $310,569
- Total Rounds 1
- Last Round Angel Round — $310,569
- First Round $310,569
(Jul 2017)
All 1 funding rounds of OiC 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 |
|---|---|---|---|---|---|
| Jul 2017 | $310,569 | Angel Round | – | – | – |
Board of directors of Adhyas Software Private Limited (OiC)
Adhyas Software Private Limited is the primary company behind OiC. The board of Adhyas Software Private Limited currently have 2 directors; the longest-serving is Vidyalakshmi Gurumoorthy, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vidyalakshmi Gurumoorthy DIN 02817275 | Director | 20 Mar 2023 | 3 yrs 7 mo | Adhyas Software Private Limited |
| Malliga Gurumoorthy DIN 03225129 | Director | 02 Jan 2024 | 2 yrs 10 mo | Adhyas Software Private Limited |
Financials of OiC
Figures of Adhyas Software Private Limited, the primary company behind OiC, for FY 2025. Revenue was ₹35.9 Lakh (+506% year on year). Net loss was -₹75,000 (-2% margin). EBITDA was ₹1.3 Lakh (4% margin). Revenue has grown at a compounded annual rate of +11% over three years and +36% over five years.
- ₹35.9 LakhRevenue · FY 2025 · +506% YoY
- -₹75,000Net loss · -2% margin
- ₹1.3 LakhEBITDA · 4% margin
- ₹4.21 CrPaid-up capital
- 24Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +36%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Adhyas Software Private Limited are on its company page.
Detailed financial statements for OiC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of OiC
2 dated milestones of OiC across 1 years, from founding to its latest funding, stage changes and deals.
- Founded OiC is founded.
- Funding First funding round of $311K.
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Frequently Asked Questions about OiC
OiC was founded in 2016 and raised its 1st funding round 1 year after it was founded.
OiC is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
OiC is a funded company, having raised a total of $310.57K across 1 funding round to date. The company's 1st funding round was a Angel Round of $310.57K, raised on Jul 2017.
OiC has 22 employees.
The primary company behind OiC, Adhyas Software Private Limited, reported revenue of ₹35.9 Lakh for FY 2025, up 506% year on year.
OiC is established as an online marketplace platform tailored for the optical sector. It is designed to facilitate B2B and B2C interactions by enabling brands and distributors to digitally connect with retailers and consumers. The platform is built to simplify shopping processes and enhance efficiency across the supply chain. Various solutions such as virtual mirror technology, POS systems, CRM tools, lens simulation, and website builders are provided to support the optical industrys digital transformation.
OiC offers Marketplace Platform, Virtual Mirror, POS System, CRM Solution, and 2 more products and services.
OiC operates through Adhyas Software Private Limited.
The legal entities of OiC currently have 2 directors, including Vidyalakshmi Gurumoorthy, Malliga Gurumoorthy.