In his word, Bansal stated he did not dream of ringing a bell in the future however wished to resolve one easy, human drawback, that thousands and thousands of individuals in India could not see clearly. He recalled how considered one of Lenskart’s first clients, a college trainer, broke into tears after carrying her first pair of glasses in years.
That emotional second, he stated, grew to become the soul of Lenskart, to assist individuals see clearly and reside absolutely.
He went on to write down: “Typically, it takes one individual’s smile to remind you why you started”, he mirrored on the corporate’s obsession with buyer expertise, from the smallest retailer particulars to the pace of service. Excellence has no geography. Whether or not it is Patna or Tokyo, the usual have to be the identical.”
Even at this time, Bansal stated, he personally critiques retailer suggestions weekly. “We didn’t begin with a grand plan, however with a perception that we may wow clients by one thing as easy and highly effective as sight.”
He reminded buyers that Lenskart wasn’t constructed to chase valuations, however to achieve individuals, from Delhi’s coronary heart to the smallest cities within the Northeast. In an oblique reference to the corporate’s income, Bansal stated that the bottomline is oxygen that retains the corporate alive, however a better goal is breath.Reflecting on India’s entrepreneurial transformation, Bansal recalled coming back from Microsoft at a time when constructing world Indian corporations was nonetheless a dream. “I got here again with a dream, that India can construct corporations that stand shoulder to shoulder with the very best on this planet and nonetheless carry India of their DNA.”Evaluating the journey to Flipkart’s sale to Walmart, he known as that period bittersweet — India celebrated, but was nonetheless promoting its goals early. “Lenskart was born out of that dream, that India can construct world establishments, not simply startups.”
“Tomorrow is not about trying again, it is about starting once more,” Bansal stated, including that the IPO bell wouldn’t sound like victory, however like a reminder “to maintain constructing, hold innovating, hold serving, hold dreaming.”
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“We began Lenskart to assist India see higher. Now we construct so the world can see by India, an India that designs with conscience, builds with excellence, and leads with coronary heart.”
Lenskart sought a valuation of round Rs 70,000 crore for its IPO, which analysts termed a bit overpriced. Nonetheless, most brokerages had advisable subscribing to the IPO for the long run, given the robust business tailwind seen sooner or later.
