Vision Care Optical Service

What Vision Care Optical Service does

Vision Care Optical Services (Pvt.) Ltd., founded in 1992 and headquartered in Colombo, is Sri Lanka's largest dedicated provider of optical and hearing care, operating an island-wide branch network of 28 outlets in the Colombo district alone plus locations across the country including Jaffna, Trincomalee, Batticaloa, Anuradhapura, Kandy, Matara, and Galle, supplemented by hospital-embedded branches, an e-commerce store (shop.visioncare.lk), and a mobile eye care unit known as Eyes on Wheels. The company employs 251-500 staff and offers prescription spectacles and sunglasses from luxury designer houses (Cartier, Gucci, Tom Ford, Prada, Burberry, Ray-Ban, Oakley) and value-tier frames, contact lenses (Bausch + Lomb, colored cosmetic lenses), and hearing aids (Oticon, Philips Hearlink), supported by advanced diagnostic equipment including Ocular Coherence Tomography, Fundus Photography, Visual Field Testing, and Biometry. Service lines extend to vision therapy, sports vision, low vision care, prosthetic eyes, and comprehensive hearing solutions, with a wholly-owned optometry training institution, Vision Care Academy, supplying the professional talent pipeline.

Revenue is generated across three streams: one-time product sales of spectacles, sunglasses, contact lenses, and hearing aids (with entry-level spectacles starting at LKR 2,500 and sunglasses from LKR 4,000); professional services including eye examinations, refraction tests, diagnostic assessments, and vision therapy (with home-visit eye examinations priced at LKR 5,000); and e-commerce sales through shop.visioncare.lk with home delivery across Sri Lanka. Distribution combines physical retail, hospital-embedded branches, mobile outreach, online channels, and installment financing partnerships with People's Bank, HNB, Commercial Bank, NDB, Sampath Bank, and Koko BNPL. The customer base is predominantly individual consumers across all age groups, supplemented by institutional partnerships with DFCC Bank, Royal College, the Sri Lanka Tennis Association, the Sri Lanka Schools Hockey Association, and Colombo Fashion Week. The company is privately held with no disclosed funding rounds and appears to be founder/family-owned and organically financed.

Name

Vision Care Optical Service

Legal name

Vision Care Optical Services (Pvt.) Ltd.

Website

https://visioncare.lk

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Optical and Eye Care Services

NAICS

Offices of Optometrists (62132), Optical Goods Retailers (45613)

SIC

Ophthalmic Goods (3851), Services-Health Services (8000)

akta.pro primary industry

Optometry Clinics (Primary Eye Care) (HLAKAKAB)

akta.pro secondary industries

Optical Dispensing & Eyewear Devices (Frames, Lenses, Lens Edging/Finishing Equipment) (HLAHAJAD), Comprehensive Eye Exams & Vision Care (HLAKAKAA), Contact Lenses & Care Systems (Soft/RGP/Scleral Lenses; Cleaning/Disinfection Solutions) (HLAHAJAE), Vision & Ophthalmic Diagnostic Centers (Optometry/OCT/Retinal Imaging) (HLAFAKAI)

Keywords

• Optical retail services
• Eye care examinations
• Hearing aid solutions
• Contact lens fittings
• Vision therapy services

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Product Sales (Spectacles, Sunglasses, Contact Lenses, Hearing Aids & Accessories): Vision Care retails a wide range of optical and hearing products including prescription spectacles, designer sunglasses, contact lenses, hearing aids, and accessories through its physical branches and online store. Revenue is generated on a one-time transaction basis per product sale.
2. Professional Eye Care Services: The company provides eye examinations, refraction tests, diagnostic assessments, and vision therapy services at its branches, generating revenue through consultation and examination fees.
3. Online E-Commerce Store (shop.visioncare.lk): An e-commerce platform selling optical products, hearing aids, and accessories with home delivery across Sri Lanka.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Vision Care Optical Service is Sri Lanka's largest eye and hearing care provider, operating an island-wide branch network offering prescription spectacles, designer sunglasses, contact lenses, hearing aids, and accessories. The company delivers professional eye care services including comprehensive eye examinations, advanced diagnostic tests (OCT, fundus photography, visual fields), vision therapy, sports vision, low vision care, prosthetic eye services, and hearing solutions, complemented by an e-commerce store and a mobile eye care unit.

Product overview

Vision Care Optical Service is Sri Lanka's leading eye and hearing care provider offering a comprehensive portfolio of optical products and services. The core offerings include prescription spectacles and sunglasses from luxury designer brands (Cartier, Gucci, Tom Ford, Prada, Burberry, Ray-Ban, Oakley) and budget-friendly options, contact lenses (daily, monthly, colored), and hearing aids from Oticon and Philips. The service portfolio encompasses eye investigations with advanced diagnostics (OCT, Fundus Photography, IOP, Visual Fields), Vision Therapy, Sports Vision, Low Vision, Prosthetic Eyes, and Hearing Solutions. The company operates a network of 28+ branches across Sri Lanka with a mobile eye care unit (Eyes on Wheels), an online e-commerce store (shop.visioncare.lk), and Vision Care Academy for professional training. The ecosystem is complemented by a loyalty program and installment payment options through partner banks.

Differentiator

Problem solved

Functional benefit

Brands

• Vision Care Academy: Educational academy for optometry training and professional development in eye care

Products and services

• Spectacles/Eyeglasses Prescription eyeglasses with a range of frames from luxury designer brands (Cartier, Gucci, Tom Ford, Prada, Burberry) to budget-friendly options, featuring Essilor lenses starting from LKR 2,500. Sold to individual consumers for vision correction and fashion.
• Sunglasses Designer sunglasses and fashion eyewear including iconic silhouettes and signature looks from global luxury brands, with prices starting from LKR 4,000. Sold to consumers for sun protection and style.
• Contact Lenses Precision-fit contact lenses including daily disposables, monthly lenses, and colored cosmetic lenses from brands like Bausch + Lomb (SofLens59, PureVision 2, Lacelle), offered to consumers seeking frame-free vision correction.
• Hearing Aids Sleek, discreet hearing solutions including Oticon (Xceed 3 SP, Zeal, OPN 1 IIC) and Philips Hearlink models with related accessories for crisp, natural sound. Targeted at individuals with hearing loss.
• Eye Investigations & Diagnostic Tests Advanced diagnostic services including Refraction, Eye Pressure (IOP), Visual Fields, Color Vision, Biometry, Ocular Coherence Tomography (OCT), Fundus Photography, Glaucoma Assessment, Diabetic Retinopathy Assessment, Dry Eye Assessment, and Orthoptic Assessment. Delivered at branches by qualified optometrists.
• Vision Therapy Targeted visual training designed to improve coordination and focus for patients with visual processing issues, delivered by trained optometrists.
• Sports Vision Specialized assessments and protective eyewear designed to enhance athletic performance and reaction times for sports professionals, school athletes, and enthusiasts.
• Low Vision Services Comprehensive care and magnifying technologies to help patients navigate daily life with vision loss, including rehabilitation support and assistive devices.
• Prosthetic Eyes Custom prosthetic eye services for patients requiring artificial eye replacement, including fitting and ongoing care.
• Mobile Eye Care Unit (Eyes on Wheels) Mobile eye care unit providing on-site eye screenings and examinations, including free eye tests during community events, schools, corporate locations, and remote areas across Sri Lanka.
• Hearing Solutions Comprehensive hearing care services including hearing tests, hearing aid fitting, and a range of hearing technologies and accessories for individuals with hearing impairment.
• Vision Care Online Store E-commerce platform enabling online purchases of spectacles, sunglasses, contact lenses, hearing aids, and accessories with home delivery across Sri Lanka and multiple currency options (LKR and USD).
• Eye Examination Services Comprehensive eye examinations performed by qualified optometrists at all branches, with home visit options available at LKR 5,000, plus PD (pupillary distance) test at LKR 6,500. Includes online appointment booking.
• Accessories Essential accessories including lens cleaning solutions, cases, ultrasonic cleaning machines, and eyewear care products sold alongside eyewear purchases.
• Vision Care Loyalty Program Customer loyalty program offering rewards and benefits for repeat customers purchasing eyewear and hearing products.

Quantifiable outcome

• Discounts of up to 15% on selected Vision Care products for partner bank cardholders

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• DFCC Bank PLCcoreGTM or Marketing Partner · 15 June 2026DFCC Bank partnered with Vision Care to extend eye care and wellbeing benefits to DFCC Garusaru Savings Senior Citizen Debit Cardholders in Sri Lanka. Cardholders enjoy up to 15% discounts on selected Vision Care products including spectacles, sunglasses, and hearing aids, along with complimentary eye screening and eye pressure tests at Vision Care outlets island-wide. The partnership expands DFCC Garusaru's ecosystem of financial and healthcare-related benefits.

Scale indicators3 records

Recent moves9 records

Expansion highlights6 records

Others

• Oakley (EssilorLuxottica): Sports-vision and protective eyewear brand distributed by Vision Care. Functions as a supplier/enabler partner in the sports-vision value chain that Vision Care monetizes through sponsored athletes and tournaments.

Emerging players

• Warby Parker: Pioneer of direct-to-consumer prescription eyewear with home try-on and online ordering. Adjacent retail model demonstrating the omnichannel pressure Vision Care faces from digital-first entrants.
• Clearly: Online-first global contact-lens and eyewear retailer with home delivery. Adjacent omni-channel competitor illustrating the cross-border e-commerce threat to Vision Care's contact-lens business.

Broad incumbents

• Specsavers: Large global optical retailer operating stores with in-house optometrists and dispensing. Highly comparable business model (retail + clinical under one roof) at much greater international scale.
• Vision Express: Multi-country optical retailer combining designer eyewear dispensing with in-store eye examinations and contact-lens services. Overlapping retail/clinical format across multiple geographies.
• Pearle Vision: Optical franchise network under EssilorLuxottica offering designer frames, lenses, and on-site eye exams. Directly comparable franchise/brand-license retail format at larger scale.

Regional players

• JINS Eyewear: Japanese optical chain with strong retail footprint, in-store prescription services, and proprietary frame designs. Comparable retail-clinic model but primarily serving Japan/Asia markets.
• Sankara Nethralaya: Indian chain of eye-care hospitals and specialty clinics providing diagnostics, vision therapy, and prosthetic services. Comparable specialty eye-care clinical expertise but operating in a hospital-delivery model rather than retail.

Direct peers

• Titan Eye+: Indian optical chain operating storefronts with on-site optometrists and fashion-forward branded frames. Comparable retail-clinic hybrid targeting similar middle-class and premium consumer segments as Vision Care.
• Lenskart: India-based omni-channel optical retailer combining branded frames, contact lenses, in-store refraction, and home eye exams. Closest analog to Vision Care's combined retail + clinical + e-commerce model within South Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/visioncare.lk
• LinkedInlinkedin.com/company/vision-care-optical-services-pvt-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vision Care Optical Service