top of page

EyeMyEye Secures Rs 20.8 Crore in Pre-Series A Round to Fuel Growth in Eyewear Platform

EyeMyEye, a full-stack eyewear platform, has successfully raised Rs 20.8 crore (approximately $2.5 million) in a new tranche as part of its pre-series A round. The company's board passed a special resolution to issue 14,44,847 pre-Series A CCPS at an issue price of Rs 143.96 each, sourced from RoC filings.

RBA Finance & Investments and Ashish Ramesh Kacholia contributed Rs 10 crore each, with Sachin Shah participating with Rs 80 lakh. Post this investment, RBA Finance and Ashish Kancholia will hold 6.22% each of the company. The funds will be utilized to operate the business, achieve pre-defined milestones, and in line with the shareholder’s agreement.

Value of EyeMyEye is at approximately Rs 162 crore or $20 million (post-money). Established in 2021 by Ganesh Iyer, EyeMyEye offers a wide range of customized eyeglasses, sunglasses, and other eyewear-related products through its online and offline channels.

Having raised around Rs 90 crore ($11 million) to date, including a $5 million round led by LC Nueva AIF in August 2022, EyeMyEye continues its growth trajectory. The company recorded a 34% year-on-year growth to Rs 32.45 crore during FY23, with losses remaining steady at Rs 19.36 crore. EyeMyEye competes with established players like Lenskart, ClearDekho, Cool Winks, and Lens2Home, among others.


bottom of page