2017
Mumbai (India)
Seed
Enrico Eyewear is a Mumbai-based eyewear brand founded in 2022 by Kavin Khara, aiming to revolutionize the eyewear industry with a focus on style, function and eye health. Positioned at the intersection of fashion and wellness, Enrico offers high-quality, affordable eyeglasses and sunglasses that prioritize eye protection in a digital age. The company leverages in-house craftsmanship and proprietary designs to deliver products that help users stand out while safeguarding their vision.
Computer Glasses: Blue light blocking glasses with multi-coated lenses to reduce digital eye strain, improve sleep and enhance visual comfort.
Sunglasses: Polarized and UV-protected sunglasses designed for style and sun protection.
Upcoming Products: Night-driving glasses and photochromic lenses, expanding the portfolio for specific use cases.
Recall Program: Sustainability initiative allowing customers to return damaged or used products for recycling and receive rewards.
Hero-Product Approach: Curated, limited selection of frames that are widely accepted and designed to simplify the eyewear purchase journey.
Advanced Lens Technology: 9-layered coated lenses with blue light blockers, UV protection, polarization and scratch resistance at competitive prices.
In-House Design: Proprietary frame shapes and color combinations crafted for a distinctive brand identity.
Asset-Light Model: Focus on ready-to-wear, non-prescription eyewear (screen glasses, sunglasses, night-driving glasses), eliminating the need for optometrists or eye testing equipment.
Community Engagement: “FriendsOfEnrico” loyalty program and active social media presence.
Direct-to-Consumer (D2C) Sales: Primary sales via the official website (built on Shopify), allowing for higher margins, brand control and direct customer engagement.
Marketplace Sales: Products available on third-party e-commerce platforms, expanding reach to digital-first consumers.
Retail Distribution: Plans to expand through diverse retail distribution channels, including offline retail partnerships to increase market presence.
Recall Program: Encourages repeat purchases by rewarding customers who return used or damaged products for recycling.
B2C: Urban millennials, Gen Z, professionals and digital natives seeking stylish, functional eyewear for screen use and outdoor protection.
B2B: Potential future partnerships with optical retailers and corporate gifting.
Product Diversification: Launching new categories such as night-driving glasses and photochromics to address evolving consumer needs.
Market Expansion: Utilizing recent funding to grow distribution, increase brand awareness and educate consumers about eye health.
Brand Building: Investing in digital marketing, influencer partnerships and educational campaigns to position Enrico as a leader in functional fashion eyewear.
Sustainability: Scaling the recall program to reinforce environmental responsibility and customer loyalty.
$240 K
1
$240 K, Pre Seed
as of June 26, 2023
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as of N/A
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as of N/A
100X.VC
9
Littlebox India
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
June 26, 2023 | Pre Seed | $240 K | - | - | - | 100X.VC |