Incorporated in 2008, Lenskart is a technology-driven eyewear company involved in designing, manufacturing, branding, and retailing prescription glasses, sunglasses, contact lenses, and accessories. Operating on a direct-to-consumer (D2C) model, it reaches customers through its online platform and a growing network of offline stores. As per the Redseer Report, Lenskart sold the highest volume of prescription eyeglasses in India during FY 2025 and launched 105 new collections, including brand collaborations. As of March 31, 2025, the company operated 2,723 stores—2,067 in India (1,757 owned and 310 franchised) and 656 overseas—and provided remote eye testing at 168 locations across India, Japan, and Thailand. Its centralized manufacturing units are in Bhiwadi and Gurugram, with regional facilities in Singapore and the UAE, enabling next-day delivery in 40 Indian cities and 3-day delivery in 69 cities for single-vision eyewear. The proposed IPO aims to fund new CoCo stores (₹272.62 crore), lease and rent payments (₹591.44 crore), technology and cloud upgrades (₹213.38 crore), brand marketing (₹320.06 crore), and potential acquisitions and general corporate purposes.