Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Aim is to build like Jio in eye testing: Lenskart CEO

Financial Express Mumbai

|

October 28, 2025

EYEWEAR MAJOR LENSKART wants to build heavy infrastructure—on the lines of Reliance Jio laying optic-fibre across the country—for eye-testing and distribution, founder & CEO Peyush Bansal said on Monday.

- NESIL STANEY

Lenskart will “redefine remote optometry”, he said. On creating value for customers, the Lenskart CEO noted that “profit is just a byproduct of that process”. The firm is not “raising more capital than necessary”, given its strong balance sheet and positive cash flows, Bansal added.?

“This (the company’s upcoming IPO) is not an exit event”, he said, adding that “the listing is more about broadening ownership and bringing long-term partners on board”.

MORE STORIES FROM Financial Express Mumbai

Financial Express Mumbai

Highway bidding set for major overhaul

Revised norms ina couple of days

time to read

1 mins

October 29, 2025

Financial Express Mumbai

The goal post has moved

INDIA'S DIGITAL MARKETING story is no longer confined to metro cities.

time to read

2 mins

October 29, 2025

Financial Express Mumbai

PNB Housing eyes revival of construction finance

New managing director & CEO to be appointed soon

time to read

2 mins

October 29, 2025

Financial Express Mumbai

'Developing entire setup for electronics manufacturing'

A day after the Centre approved seven projects worth ₹5,532 crore under the electronics component manufacturing scheme, Electronics and IT Minister Ashwini Vaishnaw tells Rishi Raj that the next step will entail designing and manufacturing equipment and materials used in electronics production.

time to read

4 mins

October 29, 2025

Financial Express Mumbai

BPCL, Oil India to build ₹1-lakh-cr refinery in AP

BHARAT PETROLEUM CORPORATION (BPCL) and Oil India (OIL) signed anon-binding agreement on Tuesday to develop a refinery and a petrochemical complex at an investment of ₹1 lakh crore in Andhra Pradesh.

time to read

1 mins

October 29, 2025

Financial Express Mumbai

Trump lauds Japan's 'great' PM, signs rare earths deal

US PRESIDENT DONALD Trump lavished praise on Japan’s first female leader Sanae Takaichi in Tokyo on Tuesday, welcoming the new prime minister’s pledge to accelerate a military buildup, while also signing deals on trade and rare earths.

time to read

1 min

October 29, 2025

Financial Express Mumbai

China needs consumption target

MORE THAN TECH ASCENDANCY, CHINESE LEADERS SHOULD FOCUS ON RAISING HOUSEHOLD CONSUMPTION

time to read

4 mins

October 29, 2025

Financial Express Mumbai

Industrial output grows 4% in Sept

Manufacturing of consumer durables strong

time to read

1 mins

October 29, 2025

Financial Express Mumbai

Crisp storytelling & clever humour

ONE RECENT ADVERTISEMENT that truly impressed me is Stella Artois' “David & Dave: The Other David.”

time to read

1 min

October 29, 2025

Financial Express Mumbai

Can gold & silver sparkle amid shifting trends?

GOLD AND SILVER have different primary uses. Gold is used as a safe-haven asset, an inflation hedge, jewellery, and a portfolio diversifier due to its low correlation with other assets.

time to read

3 mins

October 29, 2025

Listen

Translate

Share

-
+

Change font size