# Cleardekho Eyewear Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cleardekho-eyewear-pvt

- Industry: Consumer Products
- Headquarters: Ghaziabad, India
- Website: www.cleardekho.com
- Total disclosed funding: $7.2M
- Latest round: Series A (Apr 19, 2023)
- Investors on record: 13

## About

Cleardekho Eyewear Pvt. Ltd., based in India, specializes in providing a diverse selection of affordable eyewear products, including eyeglasses, sunglasses, and contact lenses, catering to various customer needs.Founded in 2016 in Ghaziabad, India, Cleardekho Eyewear Pvt. Ltd. offers eyewear solutions to meet customers' visual requirements. The company has successfully completed 6 deals, with its most recent funding round being a Series A on April 19, 2023, which raised USD 5.00 mn from investors including Cornerstone OnDemand, Inc., and Dholakia Ventures. Shivi Singh, the founder and CEO, has been pivotal in steering the company's vision.ClearDekho offers a comprehensive range of eyewear products, primarily focusing on eyeglasses, sunglasses, contact lenses, and frames. The company's core offerings cater to various customer segments, including men, women, and children, with specific collections for unisex styles and computer glasses. ClearDekho aims to address the visual needs of its clientele by providing affordable eyewear options, which are not only fashionable but also functional. The products are made available through both online platforms and physical retail stores, serving geographical markets that include major urban centers across India. The target customer base encompasses individuals seeking corrective eyewear, fashion-conscious consumers looking for stylish sunglasses, and parents purchasing eyewear for their children, thereby broadening the end-user demographic.ClearDekho operates on a direct-to-consumer sales model, generating revenue through the sale of its eyewear products. In 2023, the company's revenue amounted to USD 986,828.70, with an EBITDA of -USD 824,134.60. Transactions typically occur via online purchases or in-store sales, with customers selecting products based on their individual needs and preferences. The company features flagship offerings such as its ?1 eyewear frames, appealing to budget-conscious consumers while maintaining quality and style. ClearDekho's pricing structure is designed to be competitive within the eyewear industry, reflecting the value proposition of affordability combined with style. By focusing on direct sales and maintaining a robust online presence, ClearDekho effectively engages with its customer base and enhances its revenue streams.Cleardekho Eyewear Pvt. Ltd. plans to introduce new eyewear products in the coming year, enhancing its current offerings. The recent funding raised in April 2023 will support these initiatives, allowing the company to invest in product development and market expansion. Specific geographic regions targeted for expansion include tier-2 and tier-3 cities across India, aiming to reach a broader consumer base by the end of 2024.

## Funding rounds

- Series A, Apr 19, 2023 — Orbit Ventures
- Series A, Oct 18, 2022, $5M — Cornerstone OnDemand, Inc., Venture Catalysts, NB Ventures, Dholakia Ventures, SphitiCap, Estrela Ventures
- Seed, Nov 12, 2019, $1.6M — SOSV, Venture Catalysts, MOX, NB Ventures
- Seed, Aug 6, 2018, $0.3M — SOSV, Touchstone Ventures, MOX, Gemba Capital
- Seed, Jun 4, 2018, $0.3M — Venture Catalysts, Windrose Capital, Samyakth Capital

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed, Series A
- Windrose Capital (https://capitalatlas.ai/funds/windrose-capital) — Seed
- Samyakth Capital (https://capitalatlas.ai/funds/samyakth-capital) — Seed
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Touchstone Ventures — Seed
- MOX — Seed
- Gemba Capital (https://capitalatlas.ai/funds/gemba-capital) — Seed
- NB Ventures (https://capitalatlas.ai/funds/nb-ventures) — Seed, Series A
- Cornerstone OnDemand, Inc. — Series A
- Dholakia Ventures (https://capitalatlas.ai/funds/dholakia-ventures) — Series A
- SphitiCap (https://capitalatlas.ai/funds/sphiticap) — Series A
- Estrela Ventures (https://capitalatlas.ai/funds/estrela-ventures) — Series A
- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Series A