Neso Brands, a Singapore-based subsidiary of Lenskart, raised over $100 million in a seed round and will partner with and invest in consumer eyewear brands. The company plans to grow those brands by leveraging synergies across the Lenskart Group. Neso announced the appointment of Bjorn Bergstrom as CEO; he previously served as chief growth officer and interim chief product and technology officer at NA-KD. The company did not divulge further details of the transaction. The raise was reported alongside Lenskart’s own financing activity; Lenskart serves over 10 million customers across 235 cities in India and Singapore and reported Rs 905.3 crore revenue in FY21 with a Rs 28.92 crore annual profit.

Total raised

$100M

Funding rounds

1

Latest round

Seed

Latest activity

May 2022