About Specsmakers
Specsmakers is a company based in Chennai (India) founded in 2007 by Sonal Shah, Pratik Shah, and Ashish Venkataramani. Specsmakers has raised $24.19 million across 7 funding rounds from investors including Eight Roads Ventures, Fulcrum PE and A R Chadha And Co India. The company has 805 employees as of April 05, 2024. Specsmakers offers products and services including Eyeglasses and Sunglasses.
- Headquarter Chennai, India
- Employees 805 as on 05 Apr, 2024
- Founders Sonal Shah, Pratik Shah, Ashish Venkataramani
- Stage Minicorn
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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 Specsmakers Opticians Private Limited
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$11.79 M (USD)39.61as on Mar 31, 2023
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Net Profit
-$1.45 M (USD)4.34as on Mar 31, 2023
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EBITDA
-$616.33 K (USD)19.54as on Mar 31, 2023
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Total Equity Funding
$24.19 M (USD)
in 7 rounds
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Latest Funding Round
$2.92 M (USD), Series A
Jun 11, 2025
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Investors
Eight Roads Ventures
& 24 more
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Employee Count
805
as on Apr 05, 2024
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Products & Services of Specsmakers
Specsmakers offers a comprehensive portfolio of products and services, including Eyeglasses and Sunglasses.
Eyeglasses are provided for vision correction and style enhancement across various frames and shapes.
Sunglasses are offered for UV protection and fashion purposes, featuring polarized options for reduced glare.
Funding Insights of Specsmakers
Specsmakers has successfully raised a total of $24.19M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $2.92 million completed in June 2025. 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 Total Funding
- Total Rounds 7
- Last Round Series A — $2.9M
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First Round
First Round
(18 Mar 2013)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series A - Specsmakers | Valuation | Auraview Products |
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| Jun, 2020 | Amount | Series A - Specsmakers | Valuation | Eight Roads Ventures | |
| Jun, 2019 | Amount | Series A - Specsmakers | Valuation | Eight Roads Ventures |
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Investors in Specsmakers
Specsmakers has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Eight Roads Ventures, Fulcrum PE and A R Chadha And Co India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investment and global platform support for startups.
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Potato farming, grain marketing, and equipment services are conducted in Maine.
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Investments & Acquisitions by Specsmakers
Financial Statements - Specsmakers
Specsmakers Comparisons
Competitors of Specsmakers
Frequently Asked Questions about Specsmakers
Specsmakers was founded in 2007 and raised its 1st funding round 6 years after it was founded.
Specsmakers is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Pratik Shah is the current CEO of Specsmakers. They have also founded this company.
Specsmakers is a funded company, having raised a total of $24.19M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.04M, raised on Mar 18, 2013.
As of Apr 05, 2024, the latest employee count at Specsmakers is 805.
Annual revenue of Specsmakers is $11.79M as on Mar 31, 2023.
Platform offering eyewear solution. It includes a wide range of products eyeglasses, sunglasses, reading and computer glasses, clip-ons, contact lenses, and optical accessories.
Specsmakers offers Eyeglasses and Sunglasses.
Specsmakers has 25 investors. Key investors include Eight Roads Ventures, Fulcrum PE, A R Chadha And Co India, Sriram Raja, and Anerudan K R.
The valuation of Specsmakers is $25.53M as of Jun 2020.