Did you know that over 300 million units of eyewear were sold in India in 2017 alone? Or that this number is expected to cross 400 million by 2024? In this episode, Samaksh and Anirudh try to find opportunities in this multi billion dollar market which is highly fragmented and dominated by unorganized players, making it ripe for disruption. They start by discussing about Quadrant Eye (https://www.quadranteye.com/), a recent Y Combinator alum building an online eye testing platform and how such a concept could be pivotal for smaller cities and towns in India. They follow this with Hubble Contacts (https://www.hubblecontacts.com/) which is a contact lens subscription service delivering kits of single use contact lenses directly to your doorstep. Next they break down the concept of virtual inventory and how the concept could be very successful for optical stores, providing them with the same inventory and options to sell that are available with large players such as Lenskart, without actually stocking up the inventory physically in their stores. They move on to New Eye Company (https://neweyeco.com/) which is the company behind a patented prescription industrial safety glasses solution that can be used with any standard industrial safety glasses. Following this they break down the numbers for Pair Eyewear (https://paireyewear.com/), which provides customizable prescription glasses primarily for kids, with swappable magnetic covers, aimed at reducing the stigma of prescription eyewear for kids. Finally they end with a discussion about the rising market for blue lens glasses as a solution to tackle screen fatigue and its impact on sleep cycles.
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By Startup SutraDid you know that over 300 million units of eyewear were sold in India in 2017 alone? Or that this number is expected to cross 400 million by 2024? In this episode, Samaksh and Anirudh try to find opportunities in this multi billion dollar market which is highly fragmented and dominated by unorganized players, making it ripe for disruption. They start by discussing about Quadrant Eye (https://www.quadranteye.com/), a recent Y Combinator alum building an online eye testing platform and how such a concept could be pivotal for smaller cities and towns in India. They follow this with Hubble Contacts (https://www.hubblecontacts.com/) which is a contact lens subscription service delivering kits of single use contact lenses directly to your doorstep. Next they break down the concept of virtual inventory and how the concept could be very successful for optical stores, providing them with the same inventory and options to sell that are available with large players such as Lenskart, without actually stocking up the inventory physically in their stores. They move on to New Eye Company (https://neweyeco.com/) which is the company behind a patented prescription industrial safety glasses solution that can be used with any standard industrial safety glasses. Following this they break down the numbers for Pair Eyewear (https://paireyewear.com/), which provides customizable prescription glasses primarily for kids, with swappable magnetic covers, aimed at reducing the stigma of prescription eyewear for kids. Finally they end with a discussion about the rising market for blue lens glasses as a solution to tackle screen fatigue and its impact on sleep cycles.