India’s leading eyewear brand, Lenskart, is reportedly preparing for one of the country’s biggest IPOs with a target valuation of ₹70,000 crore. The company, which has already expanded across multiple global markets, aims to go public in 2025.
According to sources close to the deal, Lenskart is in discussions with investment banks and advisors to finalise its IPO structure. The proposed listing will mark a major milestone for the Indian startup ecosystem, reflecting investor confidence in the consumer retail and lifestyle space.
Founded in 2010 by Peyush Bansal, Lenskart has grown from an online eyewear platform into a global omnichannel brand with a presence in India, the Middle East, and Southeast Asia. It currently serves over 20 million customers annually and operates more than 2,500 stores worldwide.
Industry experts believe the company’s strong brand loyalty, advanced supply chain, and AI-driven personalisation have positioned it for long-term success in both domestic and international markets.
If successful, Lenskart’s IPO could rank among India’s largest consumer tech listings, joining the likes of Zomato, Nykaa, and Mamaearth.
Summary Table
| Particulars | Details |
|---|---|
| Company Name | Lenskart |
| Founder | Peyush Bansal |
| Founded Year | 2010 |
| Planned IPO Valuation | ₹70,000 crore |
| Expected IPO Year | 2025 |
| Industry | Eyewear & Retail |
| Current Presence | India, the Middle East, and Southeast Asia |
| No. of Stores | 2,500+ |
| Annual Customers | 20 million+ |
| Objective | Global expansion & market dominance |
