India’s startups have had a rough couple of years as they’ve navigated the funding winter, but that doesn’t seem to have dampened their international ambitions.
Lenskart has said it plans to open stores in Thailand and Philippines. This will be a part of a broader Southeast Asia expansion, through which the company plans to open 300-400 stores in the region in the next two years. Lenskart already runs 70 stores in Singapore.
“We’re looking at opening 300-400 stores in southeast Asia in the next two years,” Lenskart CEO Peeyush Bansal said at an event. “Initially, we go slow, but we like to go deep. We’ve been in Singapore for the last three years, and are going to Thailand this year, and after a year in Thailand, we’ll go to the Philippines,” he added.
“There’s a lot to do in Asia now,” he said. “In Singapore, we now have 70 stores. One in three…
