Eyewear designed& labs is a technology company.
Eyewear designed& labs has raised $2.0M across 1 funding round.
Eyewear designed& labs has raised $2.0M in total across 1 funding round.
# Eyewear Design & Labs: High-Level Overview
Eyewear Design & Labs is an eyewear startup, not primarily a technology company, though it leverages technology in its operations. The company builds affordable, quality eyewear by designing frames in-house and selling directly to consumers, bypassing traditional distribution channels that inflate prices.[1] Founded in December 2017, the company targets the $6 billion eyewear market in India[5] and serves consumers frustrated by the high cost of designer glasses.
The core problem Eyewear Design & Labs solves is straightforward: glasses are prohibitively expensive due to industry consolidation. The founders discovered that a single company dominates India's eyewear market, artificially maintaining high prices.[1] By removing middlemen, designing in-house, and engaging customers directly, the company delivers prescription eyewear at significantly lower price points while maintaining quality standards.
The company emerged from a personal frustration. One of the founders broke his glasses while trekking and was shocked by the replacement cost and limited options for affordable, quality frames.[1] This sparked the realization that the eyewear industry's pricing structure was fundamentally broken. The team—led by founder Mehul—built their own optical lab and assembled a group of passionate designers and optical professionals to take control of the entire value chain.[1]
Since its December 2017 founding, Eyewear Design & Labs has expanded beyond basic prescription eyewear. The company launched OKNO, a performance eyewear brand engineered for athletes and outdoor enthusiasts, with specialized collections for bikers, sports activities, and night driving.[3] This product diversification signals ambitions to capture multiple segments within the broader eyewear category.
Eyewear Design & Labs operates within a duopoly-dominated global market where a handful of conglomerates control pricing. The company's direct-to-consumer model and in-house manufacturing represent a disruption strategy gaining traction across consumer goods—similar to how brands like Warby Parker challenged eyewear pricing in the U.S. By focusing on India's $6 billion eyewear market, the company targets a region where consolidation is particularly acute and price sensitivity is high.[5]
The timing is favorable: Indian consumers increasingly embrace e-commerce, and direct-to-consumer brands have proven viable in categories traditionally dominated by retail distribution. The expansion into performance eyewear (OKNO) also taps into the growing global athleisure and outdoor sports trend, positioning the company beyond basic vision correction.
Eyewear Design & Labs has secured $2.2 million in Series Seed funding as of June 2025,[4] validating investor confidence in its model. The company's stated ambition is to expand its product spectrum—adding digital protection glasses, sunglasses, and specialized lenses—while establishing itself as a quality and trust standard in eyewear.[1]
The company's trajectory depends on execution across three fronts: scaling manufacturing capacity, building brand recognition beyond India, and defending against larger competitors entering the direct-to-consumer space. The OKNO brand's early traction with performance athletes suggests the company can differentiate beyond price alone, which is critical for long-term defensibility. If successful, Eyewear Design & Labs could become a template for how vertical integration and direct distribution reshape consumer goods categories in emerging markets.
Eyewear designed& labs has raised $2.0M in total across 1 funding round.
Eyewear designed& labs's investors include AngelList, Better Capital, Draper Associates, LGF, Lightspeed India Partners, Pareto Holdings, V3 Ventures, Gaurav Munjal, Girish Mathrubootham.
Eyewear designed& labs has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in June 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2025 | $2.0M Seed | AngelList, Better Capital, Draper Associates, LGF, Lightspeed India Partners, Pareto Holdings, V3 Ventures, Gaurav Munjal, Girish Mathrubootham |