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§ Private Profile · C-30 First floor, RangoliTower, Sector 13, Vasundhara Ghaziabad, Uttar Pradesh 201012, IN
India's budget eyewear brand and optical retail chain offering affordable eyeglasses, sunglasses, and contact lenses for low-income populations.
Founded in 2016 by Shivi Singh and Saurabh Dayal with an initial investment of 18 lakh Rupees, ClearDekho is a budget eyewear brand and optical retail chain based in Ghaziabad that provides affordable eyeglasses, sunglasses, and contact lenses. The company operates a hybrid online and offline shopping model alongside an asset-light franchise network to standardize the unorganized Indian optical market. Specifically targeting low-income mass-market consumers, the enterprise offers high-quality eyewear products priced as low as 500 Rupees. After opening its first franchise location in April 2017, the business expanded to 25 retail stores within a year and projected a future footprint of over 1,000 outlets across India and abroad. ClearDekho has secured 6.3 million dollars in total institutional funding, including a 4 million dollar investment round led by the family office of OYO founder Ritesh Agarwal.
Cleardekho has raised $9.3M across 3 funding rounds.
Cleardekho has raised $9.3M in total across 3 funding rounds.
ClearDekho is an Indian eyewear company offering eyeglasses, sunglasses, contact lenses, prescription eyewear, and reading glasses for all ages, targeting India's mass market with affordable, accessible optical solutions.[1][2][3] It serves customers in underserved Tier 2-5 cities (where 70% of India's population lives) through an omnichannel model combining online sales and over 100 franchise stores across 50+ cities, solving the problem of an unorganized eyewear market lacking standardized, low-cost services.[1][3] Now part of the Jaipuria Group under Jaipuria Brandz, it has raised $9M in funding (including a $4-5M round led by Aroa Ventures) and reports $5.5M revenue with 165 employees, showing strong growth via asset-light FOFO (Franchise Owned Franchise Operated) expansion from North India into West and South.[1][3][5]
ClearDekho was founded in 2016-2017 by Shivi Singh (CEO) and Saurabh Dayal, starting in Vasundhara, Uttar Pradesh, as an affordable optical retail chain addressing gaps in low- and middle-income eyewear access.[2][3][5][6] The idea emerged from India's fragmented optical market, particularly in smaller cities, leading to an initial focus on eyeglasses and lenses with both online and offline channels.[1][6] Early traction came via tech-enabled hyperlocal solutions and franchise growth; a pivotal moment was acquisition by the Jaipuria Group, providing resources for national scaling, eye check-up camps, and funding rounds totaling $6.3-9M to fuel store expansion and marketing.[1][3][5]
ClearDekho stands out in India's competitive eyewear space (vs. Lenskart, LensPick) through these key strengths:
ClearDekho rides the omnichannel retail trend in India's $4B+ eyewear market, digitizing unorganized optical retail (70% in Tier 2-5 cities) amid rising internet penetration and demand for affordable vision care.[1][4] Timing aligns with post-pandemic e-commerce growth and franchise models' resurgence, favoring asset-light players over capital-intensive rivals like Lenskart.[3][4] Market forces include urbanization, increasing myopia rates, and government eye health pushes, positioning ClearDekho to capture share via Jaipuria's network; it influences the ecosystem by standardizing services, inspiring hyperlocal tech adoption, and bridging urban-rural divides.[1][4]
ClearDekho's store expansion, funding-fueled marketing, and South/West India push signal accelerated growth toward national dominance in mass-market eyewear.[1][3] Trends like AI-driven virtual try-ons, deeper rural penetration, and premium affordable segments will shape it, potentially challenging incumbents if execution matches ambition. Its Jaipuria backing could evolve influence from regional disruptor to ecosystem shaper, redefining accessible optics as it scales to India's unorganized base—turning a fragmented need into a branded staple.[1][5]
Cleardekho has raised $9.3M in total across 3 funding rounds.
Cleardekho's investors include Venture Catalysts | India's First Integrated Incubator, Pallav Kumar Singh, ADB Ventures, Cornerstone Venture Partners, Dholakia Ventures, Estrela Ventures, NB Ventures, Gaurav Gulati, General Catalyst, GSV Acceleration, Gaurav Munjal, Kunal Shah.
Cleardekho has raised $9.3M across 3 funding rounds. Most recently, it raised $5.0M Series A in October 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2022 | $5M Series A | Venture Catalysts, Pallav Kumar Singh | ADB Ventures, Cornerstone Venture Partners, Dholakia Ventures, Estrela Ventures, NB Ventures | Announced |
| Oct 1, 2021 | $4M Seed | Gaurav Gulati | General Catalyst, GSV Acceleration, Gaurav Munjal, Kunal Shah, Roman Saini, Anand Chandrasekaran, Anuj Sheth, Kitty Agarwal, Magnus Kjøller, Mandar Joshi, Nandi Mehta, Gemba Capital, Magnus KJoller Holdings, NB Ventures, SOSV, Venture Catalysts | Announced |
| Jun 1, 2018 | $300K Seed | Venture Catalysts | Agility Ventures, Anand Naidu, Dhianu DAS, Gagan Gupta, Gaurav VK Singhvi, Krishnan Akhileswaran, Yogesh Chaudhary, Samyakth Capital, Windrose Capital | Announced |