Eyenic Shark Tank India Review

Entrepreneur Name – Piyeush Kalra and Sunil Chabbra

About the Entrepreneur – Piyeush Kalra and Sunil Chabbra are the co-founders of eyenic. 

LinkedIn Profile – https://www.linkedin.com/in/piyuesh-kalra-a20462143/

Brand NameEyenic
Brand Websitehttps://eyenic.in/
Business CategoryEyewear

Innovation – Yes, Eyenic Eyewear Business aims to create a world-class optical brand by providing high-quality eyewear products at affordable and genuine prices, believing that luxury is not solely determined by the price of a product.

Company Valuation₹12.5 Crores
Equity Asked₹75 Lakhs for 6% Equity
Deal ClosedNo
Final Shark Tank DealNo Deal
Target City/CountryWorldwide
Total Addressable MarketINR 966.73 Bn 

About the Product – Eyenic is a brand that produces affordable, high-quality and distinctive eyewear. The company was established in the 2017-18 period and has expanded to over 300 retail stores in five states, with over 125,000 units sold to date.

Their goal is to establish Eyenic as a well-known brand throughout India, putting them in direct competition with Lenskart and John’s & Jacob’s.

Conclusion – 

Piyeush Kalra and Sunil Chabbra asked ₹75 Lakhs for 6% Equity. None of the sharks were interested in the deal. It concluded in No Deal.

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