The top eyewear retailer in India, Lenskart, has raised INR 160 crore from its cofounders and CEO, Peyush Bansal. Strengthening Market Position:Peyush Bansal’s recent round of fundraising for Lenskart highlights the company’s dedication to strengthening its market position in the competitive eyewear industry. Since the beginning of the business, Peyush Bansal has led Lenskart, and he has been a key factor in its expansion and innovation. The company’s success has been largely attributed to its omnichannel strategy, which will also be essential to its future expansion. Peyush Bansal and other cofounders’ INR 160 crore investment in Lenskart is evidence of the company’s strong development potential and well-defined strategy.

Source: Mint July 18, 2024 16:45 UTC