Renowned Eye Wear Brand in India Raising Funds In Kolkata
About Business
They offer premium eyewear at affordable costs to more than 800 opticians/retailers and multiple eye hospitals in India.
Clientele type
Their B2B clients are opticians/retailers and eye hospitals. They D2C clientele as well through their e-commerce website.
Premises
LEASED
Lease per month (in INR): 50.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 900 sq ft
Asking Price Includes
Equity in the business.
Reason
They are planning to utilise this fund for the scaling of the business. The total investment round is of INR 30Cr and you can join as an investor from INR 1Cr and more
More Details
The manufacturing unit in China was established in 1995. They established their eyewear brand in India in 2018 and have created a network of 800 opticians/retailers and eye hospitals. They have developed a website for their B2B, B2C, and D2C clients.
The founder of the business has more than 27 years of experience in the Indian eyewear market. They also plan to build a small manufacturing unit in India to produce entry-level acetate frames & sunglasses mainly for Eye Hospitals.
Since its establishment in 1995, their brand has consistently embodied a harmonious blend of global design principles, seamlessly merging fashion, functionality, and comfort at an accessible price point. The eyewear collection reflects this ethos with a distinctive international flair, refined sophistication, and an unwavering commitment to excellence.
The brand's diverse product lines cater to a wide range of tastes and preferences. They offer meticulously handcrafted eyewear in acetates, metals, titanium, and TR-90, appealing to the discerning younger audience. Simultaneously, they take pride in utilizing precious materials like gold, gemstones, crystals, wood, and ceramic, which they expertly fashion into timeless designs for their luxury-oriented customers.
The brand is inclusive, designed to cater to men, women, and children who aspire to elevate their style to a more avant-garde and sophisticated level. With a dedicated manufacturing facility, an in-house design team, and an efficient distribution network, they have positioned themselves as one of the most budget-friendly international eyewear brands globally.
About the founder:
The promoter established a proprietorship into eyewear whole sale in 1995. By 2000, they started importing eyewear from China and, in 2003, they successfully launched their own brand, that focused on stylish packaging and affordable market price.
In 2010, they shifted to Guangzhou, China, focusing on contract manufacturing and global business expansion. Their Indian operations were temporarily halted in 2012 due to unforeseen circumstances.
In 2015, they founded a manufacturing unit in China for OEM/ODM eyewear production. In 2018, they resumed Indian operations under serving over 800 B2B customers by 2019. In 2021, they launched an online B2B platform, furthering the reach of his eyewear products.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid Team