Lenskart names Abhishek Gupta as new CFO

Hospitality business Oyo’s former group chief financial officer Abhishek Gupta has joined eyewear and eye care business Lenskart as its new CFO. In his new role, Gupta will use his extensive experience to help fuel growth at the business.

“After nine amazing years at Oyo, I have recently joined Lenskart as the CFO,” wrote Abhishek Gupta in a Linkedin post. “Thank you Ritesh [Agarwal] and the entire team of Oyo for the trust and friendship.”
 
Gupta has already stepped into his role at Lenskart, according to his Linkedin page. Oyo had announced that Gupta would step down from his role at the business back in December and elevated its former deputy CFO Rakesh Kumar to CFO, ET Retail reported.
 
At Lenskart, Gupta has replaced Mukti Hariharan as CFO. Hariharan has been named as Coca Cola India and Southwest Asia’s new vice president of finance.
 
Lenskart is in the process of expanding its manufacturing capabilities to meet rising demand. The business announced earlier in the month that it will invest $200 million in its new manufacturing facility in South India. Designed to be ten times the size of its Rajasthan manufacturing unit, the development is designed to enable Lenskart to achieve its next phase of growth after reporting a revenue run rate of $1 billion for the 2025 financial year.