Lenskart Solutions Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as ‘Valyoo Technologies Private Limited’, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 19, 2008, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana at New Delhi. Our Company changed its name to ‘Lenskart Solutions Private Limited’ as part of a corporate rebranding initiative by our Company, pursuant to a fresh certificate of incorporation dated May 19, 2015, issued by the RoC. Subsequently, our Company was converted to a public limited company and the name of our Company changed to ‘Lenskart Solutions Limited’ pursuant to a resolution passed by our Board on May 21, 2025, and resolution passed by our Shareholders on May 30, 2025 and a fresh certificate of incorporation dated June 16, 2025 was issued by the RoC.

Major Events and Milestones:

2008

- Incorporation of our Company

2010

- Launch of the Lenskart website

- Launch of the virtual try-on feature

2013

- Opened our first physical store in Delhi, through Dealskart, marking our debut as an omnichannel brand

2015

- Launch of online mobile application

2017

- Set up our first manufacturing unit in Gurugram

2018

- Launched the Lenskart Gold membership program

2019

- Opened our first international store in Singapore

- Acquisition of 51% stake in Baofeng Framekart Technology Limited, our Joint Venture incorporated in China

2020

- Launched Lenskart Foundation, reinforcing our mission to serve a billion eyes globally

2021

- Entered the United Arab Emirates market

- Launched Lenskart Academy, an industry focused training initiative to develop skilled professionals for the eyewear and retail sectors

2022

- Acquired a majority stake in Japan headquartered, Japan and SEA focused eyewear business, OWNDAYS through our Subsidiary, Lenskart Solutions Pte. Ltd

2023

- Commenced operations in Kingdom of Saudi Arabia

- Set up an integrated prescription eyeglass manufacturing facility in Bhiwadi (Rajasthan) which is amongst the top two vertically integrated centralised manufacturing facilities for prescription eyeglasses globally, in terms of manufacturing capacity for the Financial Year 2025. (Source: Redseer Report)

2024

- Introduced Owndays frames and lenses in India

- Completion of acquisition of Dealskart

2025

- Groundbreaking ceremony of our Hyderabad Facility