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LOCAL MANUFACTURING EYEWEAR
Rupee prone to fall past record low, rate outlook key for bond yieldsThe Indian rupee is nearing its record low, with the central bank's intervention crucial to prevent a further slide. Bond traders also anti...- Lenskart sharpens focus on IPO at $10 billion valuationOmnichannel eyewear retailer Lenskart has started the process of its initial public offering (IPO) and is looking to file its draft papers ...
- Lenskart signs MoU to set up new manufacturing plant in Telangana; will invest Rs 1,500 croreLenskart founder and chief executive Peyush Bansal had said in an interview earlier that the company would invest $200 million in its new m...
- ET Startup Awards 2024: Lenskart to invest $200 million in new manufacturing unit, scale up exports : CEO Peyush BansalOmnichannel eyewear brand Lenskart, which bagged the top honours at ET Startup Awards (ETSA) 2024, is witnessing stellar online growth back...
- KKR joins global cos betting billions of dollars in fastest-growing IndiaKKR & Co. is optimistic about investment opportunities in India's consumer sector and expanding its private credit portfolio. Despite high ...
- Google honours iconic cat-eye glasses creator Altina Schinasi on her 116th birth anniversary with colourful doodleGoogle Doodle celebrated Altina Schinasi's 116th birthday anniversary by drawing an artistic rendition of her face encased in the 'cat-eye'...
- PE fund ChrysCapital invests $100 million in eyewear retailer LenskartIn March, Abu Dhabi Investment Authority (ADIA), the Gulf Sovereign wealth fund (SWF), had invested $500 million in the company.
- Exclusive | PE fund ChrysCapital eyes $100-million funding in LenskartIf finalised, this would be among the largest investments in a new-age entity by ChrysCapital, which has backed internet firms such as Drea...
- Lenskart plans 300 more stores, sets up 'Vision Fund' to back startupsConsumer demand shifts online but omni-channel play remains crucial as markets open up
- boAt eyes make-in-India push with $100 million from Warburg PincusboAt founders Aman Gupta and Sameer Mehta told that the company is looking to tap into the proposed profit-linked-incentive (PLI) scheme of...
- Around 83% stores open as of end June: TitanThe company said almost all manufacturing operations have commenced operations.
- Prices of imported phones, LED panels, beauty care products may rise on custom duty hikeHigher customs rates to make imported phones, LED panels, beauty care products and other items costlier. Setback for firms already facing p...
- ‘We turned glasses into eyewear, from a fix for a medical problem to a fashion accessory’Lenskart has 400 offline stores and allows users to do virtual eyewear trials, has a manufacturing facility, and has funding from IDG Ventu...
- We work to ensure consumer satisfaction by connecting directly: Lenskart.com CEO Peyush BansalIn order to scale up business, Lenskart selected people from different tier 2 and tier 3 cities to promote free check-ups.
- Women's apparel brand eShakti gets funding from IvyCap, IDG VenturesOnline women's apparel brand eShakti.com has received funding from venture capital firm IvyCap Ventures, as it prepares to scale up operati...
- How Narendra Modi government can boost technology manufacturing to provide jobs to millionsThe BJP believes it's not lack of talent or ability that’s holding India back, but it’s the approach to manufacturing that leaves a lot to ...
- Titan may buy spectacles frames from Vietnam“In the coming 12 months, the company is exploring various options from exploring low cost countries like Vietnam,” said S Ravi Kant, CEO.
- Planet Retail arm Lavie to foray in ladies footwear, jewelleryLeather bags and accessories brand Lavie, a part of Planet Retail, is planning to enter new segments like ladies footwear, watches and jewe...
- Titan to enter Indonesia, plans 25 new stores in India next yrTIL said it will enter Indonesia by July as part of overseas expansion plans, besides enhancing domestic retail presence by setting up abou...
- No Ambani-Armani Show?The much-hyped, joint-venture between global fashion and luxury guru, Giorgio Armani and Reliance Retail is believed to have been called of...
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