Lenskart said that it will recruit 2000 new people within the next one year. This recruitment will be done for Bengaluru, NCR and Hyderabad. Last month, the company also raised $220 million in funding.
Last month, the company also raised $220 million in funding.
Glasses brand Lenskart said that it will recruit 2,000 new employees within the next one year. This recruitment will be in the field of Tech and Data Science. The company said that it will be hiring data scientists, business analysts and data engineers in the coming days.
1500 employees will be recruited as Retail Managers who will handle its stores. 100 Engineers will be recruited. 300 employees will be recruited for supply chain and manufacturing. Apart from this, 100 people will be recruited for corporate functions. All the recruitment will be for Bengaluru, NCR and Hyderabad region. In the month of July, Lenskart raised $220 million in funding with the help of several investor companies.
Many foreign companies invested
Investing companies include Temasek and Falcon Edge Capital, among many other companies. Foreign companies investing in Indian companies is another sign of the country’s growing interest in technology startups. In the statement issued by the company regarding this investment, it has also been said that Bay Capital and Chiratae are also included in the companies that fund this. The funding came a month after raising $95 million from global investment fund KKR. After this, the total funding received by the company has increased to 315 million US dollars.
This is the plan of the company for the future
After this funding, Lenskart informed about its future plans and said that the company will grow rapidly in the coming three-four years with this funding. The company aims to expand its footprint in India as well as in Southeast Asia and the Middle East. The company aims to leverage the network of Temasek and Falcon Edge Capital in these respective geographies. The company said that we expect the market opportunity for Lenskart to exceed USD 15 billion by 2025 in the designated regions.
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