As a vertically integrated company, it designs, manufactures, distributes, and retails prescription and regular eyewear.

In January 2015, the company raised ₹135 crore from TPG Growth, TR Capital and IDG Ventures India.

[18] In May 2016, International Finance Corporation, Adveq Management, TPG Growth and IDG Ventures India invested a total of $60 million in Lenskart.

[19] In September 2016, Wipro's Chairman Azim Premji invested around ₹200 crore in Lenskart through his family office PremjiInvest.

[24] In July 2022, Lenskart was valued at $4.5 billion following a $200 million funding round led by Alpha Wave Global.