Lenskart plans to set up ‘mega factory’ near Bengaluru airport; seeks 25 acres of land

Lenskart founder and CEO Peyush Bansal took to social media to announce that the corporate is in search of a big land parcel to arrange its ‘mega manufacturing facility’. Bansal requested sellers trying to promote manufacturing facility land wherever close to the Bengaluru airport to ship him an e mail. 

“Lenskart is in search of 25 acres of land inside 60 kms of Kempegowda Bengaluru Worldwide Airport to construct its subsequent Mega Manufacturing facility,” he introduced.

Karnataka’s Minister for Commerce & Industries, Infrastructure, MB Patil swiftly responded to his name and stated that the federal government would assist Lenskart and that the involved officers would quickly attain out to Bansal. 

In the meantime, the eyewear firm is reportedly more likely to go public quickly. SoftBank Imaginative and prescient Fund managing companion and chief monetary officer Navneet Govil had stated in an interview that Lenskart, a part of the imaginative and prescient fund’s portfolio, is getting ready for its preliminary public providing. 

Bansal had advised Enterprise In the present day TV earlier that the corporate is planning to go public. He had, nevertheless, additionally stated that they had been in no rush for the IPO. 

Based in 2008, Lenskart specialises in eyewear, eyeglasses, sun shades, contact lenses, energy sun shades, eyecare, visioncare and extra. The corporate that has over 1,500 omnichannel shops throughout 175 cities in India, Singapore and Dubai goals to serve 1 billion eyes by 2025 globally.