Lenskart IPO: How AI is Powering the Future of India’s Eyewear Giant

Lenskart’s upcoming IPO is set to make headlines in India’s startup ecosystem. Learn how Artificial Intelligence(AI) is driving its growth, why investors are excited, and the top 5 things to watch before Lenskart hits the stock market.

1. Introduction: Lenskart’s Journey from Startup to Stock Market

India’s eyewear revolution began with Lenskart, a startup founded by Peyush Bansal in 2010, which transformed how Indians buy glasses. From offering affordable frames online to setting up 2,000+ retail outlets globally, Lenskart now dominates the optical industry with technology at its core.

As Lenskart prepares for its much-anticipated IPO in 2025, investors are eyeing how the company’s Artificial Intelligence (AI)-driven innovation could redefine not just eyewear retail, but the very future of fashion-tech integration.

2. Why Lenskart’s IPO is Creating Buzz

The Indian stock market has recently seen a surge of tech-led IPOs. However, Lenskart’s upcoming IPO stands out for several reasons:

• High Valuation: Backed by investors like SoftBank, Temasek, and KKR, Lenskart is valued at over $5 billion, making it one of India’s top consumer-tech unicorns.
• Global Expansion: Its acquisition of Olio Eyewear (Japan) and Owndays (Singapore) positions it as an emerging global optical brand.
• Profitability Push: The company reported consistent revenue growth, nearing ₹4,000 crore FY2024, with a focus on profitability ahead of listing.
• AI-Led Differentiation: Unlike most retailers, Lenskart integrates AI in design, operations, and customer service, boosting efficiency and personalization.

3. The AI Advantage: How Artificial Intelligence Shapes Lenskart’s Business

AI isn’t just a buzzword for Lenskart — it’s a core engine driving product innovation and user experience. Here’s how AI is changing the eyewear game:

(a) Smart Frame Recommendations

Through facial recognition algorithms, Lenskart’s virtual try-on tools suggest frames that match a customer’s face shape, skin tone, and preferences. This personalized experience reduces return rates and enhances customer satisfaction.

(b) Predictive Demand Forecasting

AI models predict which styles or lens types will trend across regions and seasons. This ensures optimal inventory management and minimizes dead stock.

(c) Lens Precision with AI-driven Measurements

AI assists optometrists in refining prescription accuracy. The 3D face scanning and eye measurement tools used in stores are powered by machine learning, ensuring lenses fit perfectly.

(d) Chatbots & Virtual Assistance

Lenskart’s AI chatbots handle millions of customer queries daily — from order tracking to product advice — improving service speed while reducing human workload.

(e) AI in Manufacturing

AI-driven robotics are used in lens cutting, polishing, and quality control, ensuring precision and faster delivery.

By integrating AI at every stage — from design to doorstep delivery — Lenskart is setting a benchmark in the eyewear retail industry.

4. Why AI is Taking Center Stage in Eyewear Business Globally

Globally, eyewear is no longer just about vision — it’s about technology, personalization, and data. Companies like Warby Parker, Ray-Ban Meta Smart Glasses, and now Lenskart are merging fashion with digital intelligence.

AI helps eyewear brands:

• Analyze millions of face types to design better frames
• Personalize recommendations and improve online conversion rates
• Track customer behavior for data-driven marketing
• Automate production, reducing human error

This convergence of AI + Eyewear makes businesses more scalable and investor-attractive — a major reason AI is at the front stage of Lenskart’s IPO narrative.

5. Five Things to Watch Before Lenskart Hits the Stock Market

1. IPO Valuation & Pricing

Investors are keen to see whether Lenskart maintains its $5–6 billion valuation or aims higher with global expansion backing. The IPO pricing will determine its attractiveness for retail investors.

2. Financial Performance

Revenue growth, profit margins, and debt levels will be closely monitored. FY2025 filings will reveal whether AI-led efficiency is translating into tangible profits.

3. Expansion Strategy

Post-IPO, Lenskart plans to expand aggressively across Middle East, Southeast Asia, and Europe. Analysts will watch how sustainable this global push is amid competition.

4. AI & Tech Investment

Expectations are high for how much of the IPO proceeds will be reinvested into AI, R&D, and smart manufacturing — the key differentiators in its long-term success.

5. Market Sentiment & Competition

With growing competition from Titan Eye+, Coolwinks, and Nykaa Eyewear, investor sentiment around the tech-retail space will influence Lenskart’s debut performance.

6. Peyush Bansal’s Vision: More Than Just Glasses

Lenskart’s charismatic CEO Peyush Bansal, known from Shark Tank India, envisions building a “tech-first eyewear ecosystem.” He believes AI can democratize access to vision care, bringing precision lenses to Tier-2 and Tier-3 cities at affordable rates.

His leadership, combined with an AI-powered backbone, positions Lenskart as a hybrid of retail, healthcare, and technology — a unique blend few global brands have achieved.

7. Investor Takeaway: Is Lenskart IPO Worth Watching?

The Lenskart IPO represents more than a financial opportunity — it’s a testament to India’s tech-led retail evolution. With AI integration across its operations, a strong brand presence, and global ambitions, Lenskart is set to attract both institutional and retail investors.

However, as with any IPO, due diligence is key. Watch for valuation discipline, financial transparency, and post-listing performance before investing.

8. Conclusion: Lenskart’s IPO – A Vision Beyond Vision

As Lenskart gears up for its IPO, its AI-driven strategy is redefining what modern eyewear businesses look like. From smart lenses to predictive personalization, Lenskart is proving that innovation isn’t just about style — it’s about intelligence.

The upcoming IPO could well be the moment when India’s eyewear revolution meets Wall Street confidence — powered by Artificial Intelligence and a vision for the future.