By FMTeam When it comes to eyeglasses or spectacles, or any other vision correction options, there is no denying that Lenskart has become a super big name already. It just started out in 2010, and just 15 years later, look at this company now. Lenskart grew so much that it now has a net worth or valuation of more than $6.1 billion. So, if you’re interested in knowing what made this company grow this rapidly, then just keep on reading this quick snapshot of Lenskart. Here we go.
| Company | Lenskart |
| Establishment Year | 2010 |
| Country of Origin (Headquarters) | Gurugram, Haryana, India |
| Founder/Owner | Peyush Bansal, Amit Chaudhary, Sumeet Kapahi |
| Industry | Prescription Eyewear & Opticians |
| Net Worth (Valuation) | US$ 6.1 billion (July 2025) |
| Total Revenue (FY24) | ₹ 5,428 crore (US$ 640 million) |
What Lenskart Sells and Why It’s Popular
Well, first of all, as all of you may already know, when it comes to their products, Lenskart offers prescription eyeglasses, sunglasses, and contact lenses. That’s their main thing! With them right now, customers can choose from hundreds of frame styles, colors, and materials, so there are plenty of options available. A bunch of people love Lenskart because they allow you to try five frames at home for free before making a purchase. From a profitability standpoint, they manage to keep prices low by producing many of their own lenses and frames in their factories, which cuts down on expenses. Greatly actually!
Net Worth and What Makes It Grow
Well, to be honest, there is no direct net worth number for such a company, but you can take the recent valuation as the net worth of the company. So in the case of Lenskart, that stood at around US$6.1 billion as of July 2025. This number is based on what investors believe the company is worth when they purchase shares. Lenskart has raised over US$1 billion from big investors like SoftBank, Fidelity, Temasek, and KKR. Talking about the sales, for the year ending March 2024, Lenskart generated about ₹5,428 crore, which is roughly US$640 million in revenue.
That’s just not it though, in early 2025, Lenskart announced plans to go public via an initial public offering or IPO. What that means is that soon, anyone will be able to buy shares of the company on the stock market. Lenskart has also introduced new collections of eco-friendly frames made from recycled materials, which is a clever step in a way.