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Specsmakers - About the company

Specsmakers is a series A company based in Chennai (India), founded in 2007 by Sonal Pratik Shah. It operates as an Internet first brand of eyeglasses, sunglasses, contact lenses, and related accessories. Specsmakers has raised $25.9M in funding from investors like Eight Roads Ventures, Fulcrum PE and A R Chadha And Co India, with a current valuation of $*****. The company has 80 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Lenskart, Titan Eyeplus and John Jacobs Eyewear.

Company Details

Internet first brand of eyeglasses, sunglasses, contact lenses, and related accessories. It provides a wide range of products reading and computer glasses, clip-ons, contact lenses, and optical accessories. Company emphasizes accessible pricing, style, comfort, and personalized service for the end-user, making it a consumer-focused retailer.
Social
XFacebook
Email ID
*****@specsmakers.in
Phone Number
+91 **********
Registered Address
Bascon Futura SV, First Floor, No. 10/1, Venkatnarayana Road, Thygarayanagar, Chennai, Chennai, Tamil Nadu, India, 600017
Key Metrics
Founded Year
2007
Location
Chennai, India
Stage
Series A
Total Funding
$25.9M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 25, 2025
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
906 as on Aug 31, 2025
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Specsmakers's funding and investors

Specsmakers has raised a total funding of $25.9M over 7 rounds. Its first funding round was on Mar 18, 2013. Specsmakers has 9 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of Specsmakers:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 11, 2025
3259715
Series A
9457776
8066741
2947193
3313808
Jun 24, 2020
8530153
Series A
4376749
1870696
2048919
Jun 07, 2019
7979680
Series A
4268649
3622223
5455926
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Specsmakers' founders and board of directors

Founder? Claim Profile
The founders of Specsmakers is Sonal Pratik Shah.
Here are the details of Specsmakers' key team members:

Specsmakers' Board of Directors

Specsmakers's board has 6 active members. Ashvin Chadha, Krishna Krishnan Ramanathan, Sonal Pratik Shah, Karan Singh Surjit Singh Wilkhoo, Pratik Hasmukh Shah and Devansh Rajendra Majithia are part of team.
Here is the list of Specsmakers' board of directors:
Name
Type
Representing
Status
Duration
kccxcpg
Team
-
Past
8y 6m
pmxjyyc
Team
-
Past
3y 1m
Investor
-
Current
8y 8m
Investor
-
Current
1y 8m
aaeiddq
Investor
faaibdb
Current
4y 8m
eezlbdm
Investor
gfptdsj
Past
2y 6m
bjicahl
Investor
jydimmg
Past
2y 7m

Specsmakers' employee count trend

Specsmakers has 906 employees as of Aug 25. The total employee count is 10.0% more than what it was in Aug 24. Here is Specsmakers's employee count trend over the years:
Employee count trend for Specsmakers
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Specsmakers's Competitors and alternates

Top competitors of Specsmakers include Lenskart, Titan Eyeplus and John Jacobs Eyewear. Here is the list of Top 10 competitors of Specsmakers, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lenskart
Lenskart
2008, Gurugram (India), Public
Online eyewear retailer offering a range of eyeglasses, sunglasses, and contact lenses for sale
$981M
88/100
2nd
Logo for Titan Eyeplus
Titan Eyeplus
2007, Bengaluru (India), Unfunded
Chains providing a wide range of eyewear products including eyeglasses, sunglasses, contact lenses, and computer glasses
-
-
61/100
3rd
Logo for John Jacobs Eyewear
John Jacobs Eyewear
2015, Delhi (India), Unfunded
Online platform offering eyewear for men and women
-
-
56/100
4th
Logo for Specsmakers
Specsmakers
2007, Chennai (India), Series A
Internet first brand of eyeglasses, sunglasses, contact lenses, and related accessories
$25.9M
55/100
5th
Logo for ClearDekho
ClearDekho
2016, Ghaziabad (India), Acquired
Retailer of affordable eyewear including prescription glasses and protective sunglasses
$12.1M
44/100
6th
Logo for Dayal Opticals
Dayal Opticals
1961, Delhi (India), Unfunded
Retailer of luxury eyewear and provider of optometry services
-
-
44/100
7th
Logo for Woggles
Woggles
2023, Udaipur (India), Unfunded
Online brand offering eyewear for men and women
-
-
41/100
8th
Logo for GrandVision
GrandVision
1891, Amstelveen (Netherlands), Acquired
Manufacturer and distributor of ophthalmic lenses, frames, and sunglasses
-
 
39/100
9th
Logo for Ben Franklin
Ben Franklin
2008, Hyderabad (India), Series A
Chain of optical retail stores
$11M
37/100
10th
Logo for Eyewear Labs
Eyewear Labs
2017, Mumbai (India), Unfunded
Designer and retailer of sunglasses and blue light glasses
-
-
36/100
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Specsmakers's Latest cap tables and shareholding

Founders own 10.98%, Funds (largest shareholder) own 43.56%, Enterprises own 41.65% and Angels own 0.00%. The net worth of Specsmakers's founders is INR 40.1Cr as of Sep 25, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
10.98%
40.1Cr
1269439
9875956
4361692
8349486
Fund
43.56%
159Cr
8937794
6204673
8808978
2597680
9463223
1813048
6709823
3883368
3105353
6192590
0
0
0
0
0
0
Enterprise
41.65%
156Cr
6258251
9024851
4346471
3791559
Angel
-
13.9Cr
0
0
0
0
Other People
1.60%
5.86Cr
2
6
7
6
ESOP Pool
2.21%
8.05Cr
43
86
15
87
Total
100.00%
383Cr
7241979
9563596
9984818
3916610
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Specsmakers's Shareholding

Specsmakers's Investments and acquisitions

Specsmakers has made no investments or acquisitions yet.

Reports related to Specsmakers

Here is the latest report on Specsmakers's sector:

News related to Specsmakers

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