Oculus

What Oculus does

Oculus Private Limited is a Singapore-headquartered manufacturer and supplier of contact lenses and contact lens care products, operating with 251-500 employees and a stated 25+ years of industry experience. The company runs three branded product lines — FreshKon (premium colored and clear disposable lenses, including cosmetic variants), Ocuviq (vision correction lenses), and Flexcon (flexible lens options) — alongside a contact lens care product range covering cleaning, disinfecting, and storage solutions. Its core technology centers on contact lens manufacturing with design capabilities in cosmetic and prescription lenses, supported by dedicated research facilities, consumer studies, and clinical trial programs.

Oculus sells B2B to optical retailers and eye-care practitioners through direct sales, subsidiary distribution, and an international distributor network. It maintains direct offices across eight Asia-Pacific markets — Singapore, Malaysia, Indonesia, Hong Kong, South Korea, Taiwan, Japan, and China — and reaches more than 50 countries globally through partner distributors. Pricing is not publicly disclosed and follows a recurring, volume-based replenishment model typical of contact lens supply.

In September 2024, Oculus divested 100% of three distribution subsidiaries (OMY, OVC, and PTO) — which handled the FreshKon business in Singapore, Malaysia, and Indonesia — to Japan's Menicon Co., Ltd., a global contact lens major. The transaction converted Oculus from owner-operator of those markets into a strategic manufacturing supply partner to Menicon, while the company continues to operate its remaining businesses and direct markets.

Name

Oculus

Legal name

Oculus Private Limited

Website

https://oculuslens.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

Oculus Private Limited is a Singapore-based contact lens manufacturer supplying optical retailers and eye-care practitioners across 8 Asia-Pacific markets and 50+ countries via the FreshKon, Ocuviq, and Flexcon brands and care product lines.

Ownership category

akta.pro rank

Product category

Contact Lens Manufacturing

NAICS

Ophthalmic Goods Manufacturing (339115), Ophthalmic Goods Merchant Wholesalers (42346)

SIC

Ophthalmic Goods (3851)

akta.pro primary industry

Contact Lenses & Care Systems (Soft/RGP/Scleral Lenses; Cleaning/Disinfection Solutions) (HLAHAJAE)

Keywords

• Contact lens manufacturing
• Vision correction products
• Cosmetic contact lenses
• Contact lens care
• Optical distribution

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Contact Lens Sales: Manufactures and supplies high quality contact lenses and contact lens care products to optical retailers and eye-care practitioners

Go-to-market motion1 record

Distribution channels3 records

Core offering

Oculus manufactures and supplies high quality contact lenses and contact lens care products to optical retailers and eye-care practitioners. The company operates three principal contact lens brands (FreshKon, Ocuviq, and Flexcon) covering prescription vision correction and cosmetic lenses, along with companion lens care solutions. With over 25 years of manufacturing experience, products are sold globally in more than 50 countries.

Product overview

Oculus Private Limited is a contact lens manufacturing and distribution company headquartered in Singapore with over 25 years of experience. The company operates a portfolio of contact lens brands including FreshKon (premium colored and clear lenses), Ocuviq, and Flexcon, along with contact lens care products. The products are sold globally in more than 50 countries with direct presence across Asia-Pacific markets including Singapore, Malaysia, Indonesia, Japan, China, Hong Kong, Korea, and Taiwan. In September 2024, Menicon Co., Ltd. acquired 100% of Oculus's three subsidiaries distributing FreshKon products in Singapore, Malaysia, and Indonesia, with Oculus continuing to supply products in these markets.

Differentiator

Problem solved

Functional benefit

Brands

• FreshKon: Contact lens brand offering colored and cosmetic contact lenses
• Ocuviq
• Flexcon

Products and services

• FreshKon Premium contact lens brand offering colored and clear disposable contact lenses for vision correction and cosmetic enhancement, sold to optical retailers and eye-care practitioners.
• Ocuviq Contact lens brand providing vision correction solutions through various lens types, sold to optical retailers and eye-care practitioners.
• Flexcon Contact lens brand offering flexible lens options for vision correction, sold to optical retailers and eye-care practitioners.
• Contact Lens Care Products Solutions and accessories for contact lens maintenance and hygiene, including cleaning, disinfecting, and storage products, sold to optical retailers and eye-care practitioners.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Menicon Co., LtdmajorStrategic or Co-development Partner · 30 September 2024On September 30, 2024, Menicon Co., Ltd acquired 100% of Oculus's three subsidiaries (OMY, OVC & PTO), which distributed FreshKon business in Singapore, Malaysia, and Indonesia. Oculus will continue to supply Menicon with products in these markets. This represents a significant strategic partnership where Menicon gained distribution control while Oculus maintains supply relationships.

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Bausch + Lomb: Major global contact lens and lens care manufacturer (Biotrue, Renu); comparable to Oculus across prescription lenses and care solutions segments.
• CooperVision: Leading global contact lens manufacturer (Biofinity, MyDay) with strong presence in Asia-Pacific; competes with Oculus in disposable and specialty lens categories.
• Alcon: Global eye care major with significant contact lens and lens care products business (DAILIES, OPTI-FREE); competes in same product categories and channels as Oculus.
• Johnson & Johnson Vision (Acuvue): Global market leader in contact lenses via the Acuvue brand; competes with Oculus in daily disposable and cosmetic lens categories across APAC and globally.

Emerging players

• Hydron Contact Lenses: Contact lens brand with focus on cosmetic and colored lenses, comparable to Oculus's FreshKon product line, particularly in Asia and emerging markets.
• Polylite (Plastic Plus): Singapore-based contact lens manufacturer and OEM with regional presence; comparable as a smaller Asia-focused manufacturer competing in similar channels.
• Visioneering Technologies: Eye care product company with specialty lens offerings; overlapping addressable market with Oculus in optical retailers and ECP channels.

Regional players

• SEED Co., Ltd. Japanese contact lens manufacturer with Asia-Pacific focus; most directly comparable Asian competitor to Oculus's branded disposable lens business.

Others

• Carl Zeiss Meditec (Contact Lens Care): While primarily known for optics and medical devices, Zeiss has adjacency through precision optics manufacturing; relevant as a comparable precision-manufacturing peer in eye care.

Direct peers

• Menicon Co., Ltd. Major Japanese contact lens manufacturer; acquired Oculus's SEA distribution subsidiaries in Sept 2024, becoming both strategic partner and direct comparable in branded contact lens manufacturing and supply.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/home?status=Reading%20-%20http://oculuslens.com
• Facebookfacebook.com/sharer.php?u=http://oculuslens.com
• LinkedInlinkedin.com/company/oculus-pte-ltd

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 Oculus