Peyush Bansal
Retail
Lenskart invests US $1 million in US start-up Ditto
Online eyewear firm Lenskart said it has invested US $1 million in Ditto to pick up a minority stake in the US-based start-up.
Lenskart already uses Ditto's 3D try-on services on its website and app.
Further integration will help Lenskart enhance...
Retail
Lenskart's IPO to hit markets in three years
Online eyewear firm Lenskart plans to launch its initial public offering (IPO) in the next three years to create value and provide exit option to existing shareholders.
“As the company grows, we see IPO will create more value for everybody....
Retail
Lenskart to invest Rs 100 crore on expansion; open 400 stores in 2 years
Ratan Tata-backed eyeware retailer Lenskart plans to invest over Rs 100 crore on business expansion, including opening of 400 stores, in the next two years.
According to a PTI report: The company, which has a strong online presence, is eyeing...
Retail
E-tail to brick-and-mortar: Are Indian e-commerce firms reinventing the wheel?
IANS -
In a bid to curb higher marketing costs and cater to diverse customer needs in a highly competitive market, Indian e-commerce players, in a reverse trend, are now expanding their platforms to brick-and-mortar outlets.
"The crux of the online business...
Retail
Lenskart unveils app that doesn't need Internet
IANS -
In a first for the Indian e-commerce industry, leading eyewear company Lenskart has launched a unique 'Lenskart Lite' app for Android users which requires no Internet connection to shop from its website.
The app is based on SMS technology.
In the...
Retail
Lenskart to setup 20 stores per month in tier I, II cities, launches Lenskart Lite
Leading online eyewear firm Lenskart is eyeing major expansion in tier I and II cities across the country and setting up 20 brick-and-mortar stores per month to strengthen itself in such markets.
Lenskart, which gets a significant portion of its revenues from offline...
Retail
Lenskart.com opens a new store at Vizag
Lenskart.com, India’s largest online retailer of fashionable and stylish eyeglasses, sunglasses and contact lenses escalates its retail business with its latest store in Visakhapatnam, also known as Vizag. It has expanded its footprints in the southern region with this...
Common
E Tailers going the brick & Mortar way
From a market size of $2.5 billion in 2009 to $15 billion in 2014 e-commerce has traveled a long way in last five years.The world now is termed as the ‘global village’ and has gone about bringing both business...
Common
Hybrid Model: A Fad or Market Reality
Retailing in India is not just about offline (brick-and-mortar) model or online (e-commerce). There is a huge gap between these two models that online retailers are trying to bridge by going hybrid – a fusion of online and offline...
Retail
Lenskart.com Opens Franchise Store in Chandigarh
Online eyewear retailer Lenskart.com has opened a franchise store in Chandigarh at Vishwas Hospital. It already has four franchised outlets in Delhi. The brick-and-mortar store will enable customers to access products using the ‘click and mortar’ model by Lenskart.com....
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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