Eyewear whole ClearDekho on weekday aforesaid it’s raised $4 million (Rs thirty crore) during a pre-Series A funding semiconductor diode by Aroa Ventures that is that the family workplace of OYO founder Ritesh Agarwal.
The spherical additionally saw participation from CK Jaipuria Family workplace (Pepsi Bottlers AP), NB Ventures port, Anuj Sheth (AAJ Ventures, Dubai), Kitty Agarwal (Info Edge), Anand Chandrasekaran, Nandi Vardhan Mehta, MD of Kaaf Investments, Magnus KJoller Holdings, Mandar Joshi of M Strategy world, Venture Catalysts, SOSV MOX, Gemba Capital et al.
ClearDekho aforesaid it’s seen one,300% growth within the last 3 years because of a surge in demand for reasonable eyeglasses. ClearDekho incorporates a presence within the offline market through its FOCO retail stores (franchise-owned company operated) and reborn native optical retail stores.
“The unorganised optical market incorporates a heap of scope of in changing into standardised and hassle-free for the mass customers. we’ve robust conviction within the team and their enlargement plans. ClearDekho are going to be gift in 100+ cities at intervals successive twelve months and can still penetrate Tier 2/3/4 cities across Bharat,” Gaurav Gulati, head and chief investment officer of Aroa Ventures, said.
Founded by Shivi Singh and Saurabh Dayal in 2017, ClearDekho offers each on-line and offline eyewear looking.
“The huge $14 billion eyewear business in Bharat is growing at half-hour CAGR year on year hopped-up through vast demand of 250 million folks waiting to induce reasonable eyeglasses. The post-COVID exponential increase in screen time across age teams has semiconductor diode to the surge in demand for reasonable eyeglasses particularly from new-age customers from smaller cities that area unit driving the revolution. we tend to powerfully believe making price for our customers and as we tend to kicked off to rework this large unorganized sector, successive decade 2020 to 2030 would be process for USA,” corporate executive Singh aforesaid.
