Want to build infra for eyewear like Jio's optical fibre: Lenskart CEO - Industry News | The Financial Express

Lenskart's Ambitious Plans

Lenskart, an eyewear major, aims to build extensive infrastructure for eye-testing and distribution, similar to Reliance Jio's optical fibre network across the country, according to founder and CEO Peyush Bansal.

The company plans to utilize funds raised through its initial public offering (IPO) to expand physical stores, enhance technology, marketing, and potential acquisitions, with an overall valuation of around Rs 70,000 crore at a price band of Rs 382-Rs 402 per share.

“Profit is just a byproduct of creating value for customers”

Bansal emphasized that the IPO is not an exit event, but rather an opportunity to broaden ownership and bring long-term partners on board, given the company's strong balance sheet and positive cash flows.

Lenskart aims to

“redefine remote optometry”
and is committed to creating value for its customers.

Author's summary: Lenskart plans to expand infrastructure and services.

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The Financial Express The Financial Express — 2025-10-27

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