EyeMyEye is a full-stack eyewear platform founded by Ganesh Iyer in 2021 that sells personalized eyeglasses, sunglasses, and other eyewear through online and physical channels. In a fresh tranche of its pre-Series A, the company issued 1,444,847 pre-Series A CCPS at an issue price of Rs 143.96 each, raising Rs 20.8 crore (roughly $2.5M). Investors in this tranche included RBA Finance & Investments and Ashish Ramesh Kacholia (each contributing Rs 10 crore) and Sachin Shah (Rs 80 lakh). The filing states the proceeds will be used to run the company per the shareholder agreement and to meet pre-established milestones. EyeMyEye reported FY23 revenue of Rs 32.45 crore, a 34% year-on-year increase, while losses for the same period were Rs 19.36 crore. The company is valued at about $20 million post-money and has raised roughly Rs 90 crore (~$11M) to date, including a $5M round led by LC Nueva AIF in August 2022.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2024