Retail

Lenskart puts ₹53 crore into overseas units Owndays and Singapore

Filing shows stake rise in Japan affiliate to nearly 98 percent; global eyewear control tightens after strong India numbers.

Meera Iyer, Retail correspondent·16 September 2026·4 min read

Neat rows of spectacle frames on wall displays and a refraction desk in a clean optical store

Lenskart is investing ₹53 crore in overseas subsidiaries, acquiring a 1 percent stake in Japanese affiliate Owndays for about ₹50 crore to take indirect holding to nearly 97.67 percent, plus ₹3 crore into Lenskart Singapore, according to mid-September regulatory filings. The move consolidates control across Southeast and East Asia. It follows robust recent performance including 46 percent year-on-year revenue growth in a prior quarter to ₹2,516 crore and a store base of 3,459 in India as of 30 June 2026.

Lenskart will deploy ₹53 crore to lift its Owndays stake and fund the Singapore unit, pushing Japan holding close to 98 percent. Filings dated around 15 September confirm the rights and acquisition steps.

An optical counter in a mall now sits inside a tighter global supply chain that can move frames and lenses faster between India and Asia. Store managers gain better fill rates on progressive and smart styles that previously waited on imports.

Lenskart invests ₹53 crore to consolidate Owndays and Singapore units.

The capital helps Lenskart versus unorganised local opticians and other organised chains while deepening its AI and smart-glasses bets already visible in the Ajna stake rise to 9 percent. Suppliers of lenses and coatings see steadier overseas orders.

Next markers are the festive eye-test volumes and any further overseas filing before the next earnings print.

Filed under Retail·Meera Iyer

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