Since it was founded it has received numerous investments. In 2011, IDG Ventures India invested $4 million in the company. In January 2015, the company raised ₹135 crore from venture capitalist companies like TPG Growth, TR Capital and IDG Ventures India.

In 2016, International Finance Corporation, Adveq Management, TPG Growth and IDG Ventures India invested a total of $60 million in Lenskart. The company also saw investments from Ratan Tata and Kris Gopalakrishnan.

In March 2018, Wipro’s Chairman Azim Premji invested ₹4 crore in the group which took the valuation of the company to ₹3,000 crore. The company reached a valuation of $1 billion in December 2019 after SoftBank invested around $275 million.

In March 2023, the Abu Dhabi Investment Authority invested $500 million in Lenskart making it at a valuation of $4.5 billion. In June 2023, the company raised $100 million from ChrysCapital.

Lenskart has raised over $1.6 billion to date and was last valued at $4.5 billion in its last fundraise of $100 million in June last year.

As per recent media reports, Lenskart may raise $200 million more from Temasek and Fidelity through a secondary round that will push its valuation to $5 billion.

The company is looking to acquire land near Bengaluru airport to set up a mega factory to expand it's operations which would further add to it’s valuation.

As far as it’s revenue is concerned, Lenskart’s revenue from operations soared to Rs 3,788 crore with a profit of 260 crores in FY 2022-23 from revenue of Rs 1,502 crore and loss of 100 crores in FY 2021-22.

As per the reports, Lenskart is estimated to have closed FY 2023-24 with a revenue of Rs 5,500 crore.

Lenskart primarily generated revenue from the sale of eyewear and its collections from India formed 59% of its total revenue. The remaining income was derived from international operations in countries such as Singapore, Dubai, the US, and Southeast Asia.

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