Gurugram-based omnichannel eyewear retailer Lenskart has launched its first store in Bangkok, Thailand, according͏͏ to͏͏ a͏͏ social͏͏ media͏͏ post͏͏ from͏͏ a͏͏ company͏͏ official.
“3rd͏͏ October͏͏ 2024͏͏ marked͏͏ a͏͏ significant͏͏ milestone͏͏ and͏͏ a͏͏ new͏͏ chapter͏͏ for͏͏ Lenskart.com͏͏ as͏͏ we͏͏ expanded͏͏ our͏͏ presence͏͏ in͏͏ South͏͏ East͏͏ Asia,͏͏ following͏͏ our͏͏ ventures͏͏ in͏͏ Singapore͏͏ and͏͏ Indonesia,͏͏ with͏͏ the͏͏ launch͏͏ of͏͏ our͏͏ first͏͏ store͏͏ in͏͏ Bangkok,͏͏ Thailand,”͏͏ said͏͏ Jan Lim,͏͏ Regional͏͏ Chief͏͏ Executive͏͏ Officer͏͏ (CEO)͏͏ for͏͏ South͏͏ East͏͏ and͏͏ North͏͏ Asia͏͏ at͏͏ Lenskart,͏͏ in͏͏ a͏͏ LinkedIn͏͏ post.
“Featuring͏͏ a͏͏ stunning͏͏ new͏͏ design͏͏ by͏͏ Wynk͏͏ Collaborative,͏͏ a͏͏ fully͏͏ localized͏͏ app-led͏͏ omnichannel͏͏ experience,͏͏ and͏͏ some͏͏ of͏͏ the͏͏ most͏͏ exciting͏͏ eyewear͏͏ collections—including͏͏ our͏͏ new͏͏ Made͏͏ in͏͏ Korea͏͏ K-series͏͏ range—this͏͏ launch͏͏ is͏͏ the͏͏ result͏͏ of͏͏ months͏͏ of͏͏ hard͏͏ work͏͏ by͏͏ an͏͏ exceptional͏͏ team!”͏͏ added͏͏ Lim.
Growth͏͏ in͏͏ the͏͏ Middle͏͏ East:
The͏͏ brand’s͏͏ offline͏͏ expansion͏͏ in͏͏ the͏͏ United͏͏ Arab͏͏ Emirates͏͏ and͏͏ the͏͏ Kingdom͏͏ of͏͏ Saudi͏͏ Arabia͏͏ has͏͏ been͏͏ significant.͏͏ The͏͏ company͏͏ opened͏͏ its͏͏ first͏͏ store͏͏ in͏͏ the͏͏ Middle͏͏ East͏͏ in͏͏ 2021͏͏ and͏͏ has͏͏ since͏͏ established͏͏ over͏͏ 15͏͏ additional͏͏ stores͏͏ in͏͏ the͏͏ region.
In͏͏ December͏͏ of͏͏ last͏͏ year,͏͏ it͏͏ launched͏͏ its͏͏ first͏͏ store͏͏ in͏͏ Riyadh,͏͏ followed͏͏ by͏͏ several͏͏ others͏͏ in͏͏ the͏͏ region.
Recent͏͏ Funding͏͏ Boost:
In͏͏ June͏͏ 2024,͏͏ the͏͏ company͏͏ secured͏͏ $200͏͏ million͏͏ in͏͏ secondary͏͏ investment͏͏ from͏͏ Temasek͏͏ and͏͏ Fidelity͏͏ Management͏͏ and͏͏ Research͏͏ Company͏͏ (FMR).
Continue͏͏ Exploring:͏͏ Eyewear͏͏ unicorn͏͏ Lenskart secures͏͏ $200͏͏ Mn͏͏ investment͏͏ from͏͏ Temasek͏͏ and͏͏ Fidelity
Founded͏͏ in͏͏ 2010͏͏ by͏͏ Peyush͏͏ Bansal,͏͏ one͏͏ of͏͏ the͏͏ judges͏͏ from͏͏ the͏͏ Indian͏͏ television͏͏ show͏͏ Shark͏͏ Tank,͏͏ along͏͏ with͏͏ co-founders͏͏ Amit͏͏ Chaudhary͏͏ and͏͏ Sumeet͏͏ Kapahi,͏͏ Lenskart͏͏ operates͏͏ over͏͏ 1,100͏͏ stores͏͏ across͏͏ cities͏͏ such͏͏ as͏͏ Delhi,͏͏ Bengaluru,͏͏ Mumbai,͏͏ Ahmedabad,͏͏ Chennai,͏͏ and͏͏ several͏͏ other͏͏ cities͏͏ throughout͏͏ India,͏͏ according͏͏ to͏͏ the͏͏ company’s͏͏ official͏͏ website.
Lenskart’s͏͏ retail͏͏ stores͏͏ and͏͏ online͏͏ platform͏͏ showcase͏͏ over͏͏ 5,000͏͏ eyewear͏͏ styles.͏͏ It͏͏ is͏͏ one͏͏ of͏͏ the͏͏ first͏͏ companies͏͏ in͏͏ India͏͏ to͏͏ implement͏͏ robotic͏͏ techniques͏͏ in͏͏ the͏͏ eyewear͏͏ sector.
