ClearDekho Success Story: Today, many new businesses and startups have opened in our country India, due to which other people also get encouragement to start their own business. The number of startups in India is increasing daily because today we get to read many success stories of businesses on the Internet.
So today we have brought you another amazing business success story, in which the founders of this business have built a company worth crores by selling glasses. Here we are talking about ClearDekho business which was started in the year 2016 and today this business has become worth crores.
ClearDekho startup is an Eye Wear company which sells eyeglasses and different types of glasses to people. In today’s article you are going to read ClearDekho Success Story and you will know how the founders of this business have built a company worth crores by selling glasses.
How ClearDekho Success Story started?
ClearDekho company was started in 2016 by two boys, whose names are Shivi Singh and Saurabh Dayal, both of these boys were very good friends since childhood and due to this, both of them planned to do business together. Let us tell you about Shivi Singh that he was already doing a very good job but he saw that there is a big problem of Eye Wear in small villages and small towns.
Due to which people there are not able to find the right and good quality glasses for their eyes and for this reason he decided to start ClearDekho business, so that he can deliver good quality glasses to small villages and cities.
If we tell you about Saurabh Singh, he has also worked in companies like Wipro, HCL and Paytm and when his friend Shivi told him about this EyeWear business idea, both of them started working on ClearDekho business together and in this way ClearDekho business started.
Sells glasses both online and offline
ClearDekho founders Saurabh and Shivi both had very good experience in their respective fields and they applied their same experience in ClearDekho business, due to which they started getting a very good response from the beginning. At present ClearDekho reaches people with its glasses through both online and offline mediums.
Initially, they started selling glasses online and after that in 2018 their first store was opened in India and till now more than 100 of their stores have been opened in India.
On the other hand, if we talk about the price of ClearDekho glasses, then their glasses are easily available between ₹ 200 to ₹ 600 and this is the reason that people of small towns and villages can also buy their glasses very easily.
Today it has become a company worth crores
Started in the year 2016, ClearDekho company has become a company worth crores today, last year in FY2022, ClearDekho company had made a revenue of Rs 7.50 crores. The goal of this company is to deliver good quality eyewear to the people of small towns and villages.
On the other hand, if we talk about the funding of ClearDekho company, so far this company has raised funding of 13 million dollars from Startup investors, due to which the valuation of this company has also reached crores.
ClearDekho Success Story Overview
| Company Name | ClearDekho |
| Year Founded | 2017 |
| Founder | Shivi Singh |
| Problem | Addressed Lack of affordable eyewear access in smaller towns & low-income communities leading to vision impairment |
| Market Focus | Tier III & IV cities in North India, expanding nationwide |
| Business Model | Franchise-owned company-operated (FOCO) model |
| Pricing Range | INR 200 to INR 600 for eyeglasses and sunglasses |
| Geographic Presence | UP, Delhi NCR, Punjab, Haryana, MP, Rajasthan, expanding to Bihar, Chhattisgarh, West Bengal, Assam |
| Financial Performance (FY24) Operating Revenue: | INR 7.5 Cr, Loss: INR 6.4 Cr |
| Growth Strategy | Focus on quality, affordability, and expanding user base |
| Future Prospects | Projected growth in the Indian eyewear market, especially for affordable yet stylish eyewear |
ClearDekho founder Shivi Singh told in his interview that within the next 2 years, he is going to make some more changes in his business, so that his company can deliver good quality Eyewear to the people of small towns on a large scale.
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