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Lenskart launches Japan’s Owndays eyewear in India
India’s eyewear retailer LensKart has introduced Owndays’ Japanese eyewear products to the Indian market.
This follows LensKart’s acquisition of a majority stake in Owndays over two years ago for US$400 million.
Founded in 2010, LensKart seeks to enhance its offerings by incorporating international brands.
The integration of Owndays products is a strategic expansion of its portfolio. Despite this, Owndays will continue operating independently under its own brand.
Recent Lenskart developments
| Timeline |
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19-Nov-2024 👓 Lenskart may see 20% valuation increase to $6b
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05-Nov-2024 👓 Lenskart hits $5b value after Fidelity, Temasek boost
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23-Oct-2024 👓 Lenskart hires ex-Oyo CFO as new financial chief
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03-Jun-2024 👓 IPO-bound Lenskart nets $200m from Temasek, Fidelity at $5b valuation
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01-Dec-2023 👓 Lenskart eyes expansion with 300-400 new stores in SEA
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