SA国际传媒

Indian eyewear startup has raised $275 million in a new round of financing led by , according to TechCrunch.

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The new round of financing brings the company鈥檚 total funding to $456 million. It last raised $55 million in a private equity round led by in September. This funding round brings the company鈥檚 valuation to more than $1.5 billion, TechCrunch reported, citing a person familiar with the matter.

Lenskart was born out of a need for more vision-correcting options in India. About a quarter of the world鈥檚 blind population lives in India, according to the , and Lenskart wants to make glasses more accessible.

The company has established itself as something of a equivalent for India: a direct-to-consumer eyewear company. It also offers a free 鈥渉ome eye check up鈥� according to its website.

The company started out in e-commerce before expanding to retail locations. It uses a direct-to-consumer model, and robots to manufacture more than 5,000 styles of eyewear. Lenskart also sells sunglasses and contact lenses, according to its website.

This round of funding, its Series G, marks Lenskart鈥檚 largest round to date. The company, which was founded in 2010, counts , , and among its investors.

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