Business Overview
- Company provides smart artificial intelligence backed frames & lenses to customers with standardization, affordability and accessibility.
- Asia's first convenient online lens replacement service provider.
- Operates on D2C business model and provides home try-on.
- Company has served more than 1.5 lakh happy customers.
- More than 85% of the revenues are from the in-house labels.
- Order fulfilment in less than 12 hours in metropolitan cities. Has own e-commerce platform as well as sells through Amazon and Myntra.
- Has partnerships with existing opticians & doctors to setup mini kiosks with sample models and 3D AR devices with an extended inventory.
- Operates in India, UAE, Saudi Arabia & shortly in Australia and USA with the localized online shopping experience.
- Valuation is high as company has high growth rate in terms of sales.
Products & Services Overview
Products include eyeglasses, sunglasses, powered glasses and blue-safe computer glasses.
Assets Overview
Lensometers, product photography equipment, DSLR, laptops, desktops, packaging material, spectacle cases, accessories, inventory of eyeglasses, sunglasses and lenses.
Partial Stake Sale
USD
110 thousand
for
10.0%
stake
(Native Currency: INR 10,000,000)
Reason:
Funds will be utilized for business development, digital and non-digital marketing and operational h...
View More
Includes physical assets worth
USD
67 thousand
In talks with 3 Investors