Categories: Fashion

Lenskart names Abhishek Gupta as new CFO

Published



October 24, 2024

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.

Lenskart retails across India and Southeast Asia – Lenskart- Facebook

“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.

Copyright © 2024 FashionNetwork.com All rights reserved.

News Today

Share
Published by
News Today

Recent Posts

Kareena Kapoor’s Next Untitled Film With Meghna Gulzar Gets Prithviraj Sukumaran On Board

Kareena Kapoor is working with Raazi director Meghna Gulzar for her next film. The project,…

2 weeks ago

Purdue basketball freshman Daniel Jacobsen injured vs Northern Kentucky

2024-11-09 15:00:03 WEST LAFAYETTE -- Daniel Jacobsen's second game in Purdue basketball's starting lineup lasted…

2 weeks ago

Rashida Jones honors dad Quincy Jones with heartfelt tribute: ‘He was love’

2024-11-09 14:50:03 Rashida Jones is remembering her late father, famed music producer Quincy Jones, in…

2 weeks ago

Nosferatu Screening at Apollo Theatre Shows Student Interest in Experimental Cinema – The Oberlin Review

2024-11-09 14:40:03 A silent German expressionist film about vampires accompanied by Radiohead’s music — what…

2 weeks ago

What Are Adaptogens? Find Out How These 3 Herbs May Help You Tackle Stress Head-On

Let's face it - life can be downright stressful! With everything moving at breakneck speed,…

2 weeks ago

The new Mac Mini takes a small step towards upgradeable storage

Apple’s redesigned Mac Mini M4 has ditched the previous M2 machine’s SSD that was soldered…

2 weeks ago