01/07/2022
Mumbai, jun 30: Lenskart, the SoftBank-backed eyewear retailer, is buying a majority stake in Japan's Owndays Inc, the direct-to-consumer eyewear brand. The deal will create one of Asia's biggest online retailers of eyewear.
With this acquisition, Lenskart extends its reach to 13 markets, including India, Singapore, Thailand, Taiwan, Philippines, Indonesia, Malaysia, and Japan. Owndays co-founders, CEO Shuji Tanaka, and chief operating officer, Take Umiyama, will continue to be shareholders an...