Neso Brands funding, investors and company details

Neso Brands is an emerging Retail startup from [●], working in the space of It focuses on omnichannel and D2C eyewear. Founded by Peyush Bansal, Bjorn Bergstrom, Alankrita Datta.

Company: NESO BRANDS PTE. LTD.
Sector: Retail
Location: [●]
Founders: Peyush Bansal, Bjorn Bergstrom, Alankrita Datta
Total funding raised: ₹775.7 Cr

Company overview

Neso Brands is a venture in the eyewear industry founded in 2022 as a Lenskart subsidiary, based in Singapore with 11-50 employees. It operates as a privately held company in the venture capital and private equity space, focusing on consumer goods and ecommerce.The company invests in and scales direct-to-consumer eyewear brands by pooling resources in analytics, technology, supply chain, and distribution to create network effects. As part of the Lenskart Group, it aims to enhance global customer experiences through partnerships with entrepreneurs, targeting markets like India, France, and Japan.Its portfolio includes Owndays (Japanese retailer), Le Petit Lunetier (Paris-based omnichannel brand, acquired in deals like a $4M stake), Tango Eye, and GeoIQ. Neso has raised over $100M in seed funding and competes with firms like Mosaic Wellness.

Funding rounds

Latest round (Seed): $ 100.00 Mn (₹775.70 Cr.), 2022-05-17. Investors: KKR, Alpha Wave Global, Temasek, SoftBank