EyeMyEye, a Full-stack eyewear platform has elevated Rs. 20.8 crore – nearly 2.5 million in a new tranche as a share of its Pre-series A funding Round.

The board at EyeMyEye has passed a special resolution to issue 14,44,847 pre-Series A CCPS at an issue price of Rs 143.96 each to raise Rs 20.8 crore, its regulatory filing sourced from RoC shows.

According to the company’s regulatory filing sourced from RoC, the administrative board of EyeMyEye has distributed a special resolution to issue 14,44,847 pre-Series A CCPS on an issue price of Rs. 143.96 each to raise Rs. 20.8 crore.

Ashish Ramesh Kacholia & RBA Finance were injected the funds in Rs. 10 crore each while Sachin Shah contributed with Rs. 20.8 crore. Next to these fresh acquiring, Ashish Kancholia & RBA Finance will clench 6.22 percent each of the company.

The eyewear platform EyeMyEye will utilize this fresh fund to activate the business, achieve the pre-determined milestones that aligns with the envisaged manner registered in the shareholder’s agreement.

As per the startup data & information platform, TheKredible, the eyewear company has been estimated at nearly Rs. 162 crore, which is approximately $20 million.

Established in the year 2021 by Ganesh Iyer, EyeMyEye presents a range of personalized wye-glasses, sunglasses & many other eye-wear focused products for users via its digital & physical channels.

Previously, EyeMyEye has secured around Rs. 90 crore funding to date comprising a $5 million in a round led by LC Nueva AIF in August 2022.

The eye-wear startup competes with major players in the market such as Lenskart, Cool Winks, ClearDekho, Lens2Home & others.