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. Specsmakers offers products and services including Eyeglasses and Sunglasses.
- Headquarter Chennai, India
- Employees 805
- Founders Sonal Shah, Pratik Shah, Ashish Venkataramani
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website specsmakers.in/en-int
- Social LinkedIn X Facebook Instagram
- Legal Name Specsmakers Opticians Private Limited
- Date of Incorporation 05 Apr, 2011
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹105 Cr
FY 2025 · +12% YoY
- Net Loss-₹18.2 Lakh
FY 2025 · 0% margin
- EBITDA₹3.62 Cr
FY 2025 · 3% margin
- Total Equity Funding$24.19M (USD)
in 7 rounds
- Latest Funding Round$2.92M (USD), Series A
Jun 2025
- InvestorsEight Roads Ventures
& 24 more
- Employee Count805
Associated legal entities of Specsmakers
Specsmakers operates through Specsmakers Opticians 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 |
|---|---|---|---|---|---|---|---|
| Specsmakers Opticians Private Limited CIN U74999TN2011PTC080030 | Active | 05 Apr 2011 | Chennai, Tamil Nadu | ₹105 Cr | 805 | 6 | View details |
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 $24.19M
- Total Rounds 7
- Last Round Series A — $2.92M
- First Round $400,317
(Mar 2013)
- Investors Count 25
All 7 funding rounds of Specsmakers 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 |
|---|---|---|---|---|---|
| Jun 2025 | $2.92M | Series A | – | Auraview Products | – |
| Jun 2020 | $3.16M | Series A | $25.53M | Eight Roads Ventures | |
| Jun 2019 | $4.04M | Series A | $25.65M | Eight Roads Ventures | – |
| Dec 2017 | $10M | Series A | $••••• | Eight Roads Ventures | |
| May 2017 | $2.58M | Seed | $••••• | – | |
| Mar 2015 | $1.08M | Seed | $••••• | Fulcrum PE, A R Chadha And Co India | – |
| Mar 2013 | $400,317 | Seed | – | Fulcrum PE |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2020 | $25.53M | •••••••• |
| Jun 2019 | $25.65M | •••••••• |
| Dec 2017 | $••••• | •••••••• |
| May 2017 | $••••• | •••••••• |
| Mar 2015 | $••••• | •••••••• |
Full valuation and stage history of Specsmakers
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $25.53M (Jun 2020). 25 investors in total: 7 institutional and 18 angel.
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 |
|---|---|---|---|---|
Venture capital investment and global platform support for startups. | 2008 | eightroads.com | London, United Kingdom | |
Potato farming, grain marketing, and equipment services are conducted in Maine. | 2000 | fulcrumpe.com | Chennai, India | |
- | – | rsktechsystems.tcc.mode | - | |
Business and management consulting services are provided by the firm. | – | archadhaandcoindia.tcc.mode | Delhi, India | |
Management of accounts receivables is provided to businesses. | – | accountsreceivablesmanagement.com | - | |
A creative design agency focused on branding and digital experiences. | 2012 | conceptstudio.com | Yerevan, Armenia | |
SR Sriram Raja | - | – | unknown_0ebe565b8b2d47a1a | - |
AK Anerudan K R | - | – | unknown_9a4dd3f302064ff08 | - |
V Vignesh | - | – | unknown_30c8cf2106eb4a288 | - |
BP Balakrishnan Parthasarathy | - | – | unknown_3667655fbdd04c758 | - |
Investor details for Specsmakers
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Specsmakers Opticians Private Limited (Specsmakers)
Specsmakers Opticians Private Limited is the primary company behind Specsmakers. The board of Specsmakers Opticians Private Limited currently have 5 directors; the longest-serving is Sonal Pratik Shah, appointed in 2011. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sonal Pratik Shah DIN 03488953 | Whole-time director | 05 Apr 2011 | 15 yrs 6 mo | Specsmakers Opticians Private Limited |
| Pratik Hasmukh Shah DIN 03471744 | Managing Director | 05 Apr 2011 | 15 yrs 6 mo | Specsmakers Opticians Private Limited |
| Ashvin Chadha DIN 01962798 | Nominee Director | 13 Dec 2017 | 8 yrs 9 mo | Specsmakers Opticians Private Limited |
| Devansh Rajendra Majithia DIN 10425880 | Nominee Director | 29 Nov 2024 | 1 yr 10 mo | Specsmakers Opticians Private Limited |
| Karan Singh Surjit Singh Wilkhoo DIN 09581298 | Nominee Director | 29 Nov 2024 | 1 yr 10 mo | Specsmakers Opticians Private Limited |
People of Specsmakers
4 people are tracked at Specsmakers (4 in leadership); the tracked headcount is 805.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Venkatramanan Jagannathan | CFO | Leadership |
Complete people profiles for Specsmakers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Specsmakers
Figures of Specsmakers Opticians Private Limited, the primary company behind Specsmakers, for FY 2025. Revenue was ₹105 Cr (+12% year on year). Net loss was -₹18.2 Lakh (0% margin). EBITDA was ₹3.62 Cr (3% margin). Revenue has grown at a compounded annual rate of +14% over three years and +7% over five years.
- ₹105 CrRevenue · FY 2025 · +12% YoY
- -₹18.2 LakhNet loss · 0% margin
- ₹3.62 CrEBITDA · 3% margin
- ₹23.94 CrPaid-up capital
- 805Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Specsmakers Opticians Private Limited are on its company page.
Detailed financial statements for Specsmakers
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 Specsmakers
4 dated milestones of Specsmakers across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Specsmakers is founded.
- Funding First funding round of $400K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.9M.
Web traffic of Specsmakers
The website of Specsmakers (specsmakers.in) receives about 209.5K visits a month.
- Monthly visits209.5K
▲ 12.4% vs previous month
Websites whose visitors overlap most with Specsmakers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| himalayaoptical.com | 100% | 151.2K | #235,815 | View details | |
| johnjacobseyewear.com | 94% | 121.7K | #238,471 | View details | |
| eyewearlabs.com | 93% | 502K | #102,036 | View details | |
| lenskart.com | 92% | 9.8M | #4,985 | View details | |
goeye.in | goeye.in | 85% | – | #139,449 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for Specsmakers
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 24 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Specsmakers
Complete news archive for Specsmakers
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Specsmakers
10 companies that operate in the same segment as Specsmakers (Fashion & Lifestyle Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Luxury goods, jewelry, watches, and fashion accessories are retailed globally. | 1988 | Geneve, Geneve, Switzerland | – | USD 26.07 B | – | |
Jewellery is retailed via stores and an online platform. | 1993 | Thrissur, Kerala, India | USD 321.03 M | USD 3.81 B | 12,530 | |
Fine jewelry brand | 1994 | Bengaluru, Karnataka, India | – | USD 6.03 B | 7,331 | |
Company offering diverse collection of watches for men, women, and children, featuring various styles from formal to casual | 1984 | Bengaluru, Karnataka, India | – | USD 9.32 B | 17,820 | |
Cowboy boots, western wear, and workwear are retailed by BootBarn. | 1978 | Irvine, California, United States | – | USD 2.25 B | 10,400 | |
Internet first brand of fashion products for men and women | 1999 | London, England, United Kingdom | – | USD 3.31 B | 3,210 | |
Retail jewellery store offering multiple gold and silver products | 1991 | Madurai, Tamil Nadu, India | – | USD 905.85 M | 3,090 | |
Retailer of gold, diamond, platinum jewellery, coins and bars for men and women | 1994 | Kolkata, West Bengal, India | USD 13.01 M | USD 898.49 M | 2,900 | |
Women's footwear, bags, and accessories are designed and retailed. | 1996 | Singapore, Singapore | USD 30 M | – | – | |
Internet first brand offering apparel wear for men and women | 1981 | New York, New York, United States | – | USD 3.47 B | 14,200 |
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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 Seed of $400.32K, raised on Mar 2013.
Specsmakers has 805 employees.
The primary company behind Specsmakers, Specsmakers Opticians Private Limited, reported revenue of ₹105 Cr for FY 2025, up 12% year on year.
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.
Specsmakers operates through Specsmakers Opticians Private Limited.
The legal entities of Specsmakers currently have 6 directors, including Sonal Pratik Shah, Devansh Rajendra Majithia, Pratik Hasmukh Shah and others.