Lenskart's launches Vision Fund for select startups in eye-care space

To invest $2 million in each enterprise, nurture innovations disrupting eyewear, eye-care and omni-channel retail

Omni-channel D2C eyewear brand Lenskart has announced plans to invest up to $2 million each in startups that are synergistic to the eyewear, eye-care and omni-channel retail sectors. The fund has a corpus of $20 million.

Apart from capital infusion, Lenskart would be providing the enterprises market access via 700-plus retail stores and online channels across India, Singapore, Middle-East and the US, the company said in a press release.

The release said access to Lenskart’s vertically integrated supply chain, technology stack for facilitating omni-channel retail, and tech expertise in building futuristic technologies for eyewear will provide select startups the right ecosystem to