SoftBank-backed eyewear retailer Lenskart conducted 16 million eye tests in FY25, up from 6 million in FY23, and aims to scale this number to 100 million annually.

Peyush Bansal, Chairman, Managing Director & CEO of Lenskart , believes India’s eyewear market is still in its early stages of growth, driven by rising vision problems. “Almost seven out of ten adults need glasses, and this number has been growing,” he said.

Lenskart is gearing up for its ₹7,278 crore IPO, priced between ₹382 and ₹402 per share, valuing the company at around ₹69,500 crore.

Abhishek Gupta, CFO of Lenskart added that the Indian eyewear market is growing at about 13% annually, while Lenskart has consistently grown nearly 2x the industry average at 24–25%. “We think we will continue to outperform the market in

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