Brands
John Jacobs aims to clock Rs 500 cr rev by March 2021
MUMBAI: Eyewear brand by Lenskart, John Jacobs is aspiring to drive Rs 500 crore in revenue in the coming two years as it will strengthen its retail presence and expand the product portfolio by adding six more stores in next two months. The brand already has eight stores spread across Delhi, Pune, and Bengaluru. It is also aiming to set up about 50 stores by March 2021.
John Jacobs business head Manan Duggal shared that the brand is witnessing strong growth. “We expect to close this fiscal with a top line of Rs 180 crore. By March 2021, we expect our revenues to touch Rs 500 crore.
He added that about 40 per cent of the sales are driven by online channels, with the rest coming from offline stores.
Last year, Lenskart had said it will invest $4 million in John Jacobs to fuel the brand’s expansion plans.
“We are aggressively growing our presence both in online and offline. The brand is already retailing through Lenskart outlets (over 450 in more than 100 cities). The aim is to take the number of our own stores from 8 now to 50, by March 2021, covering all major metro cities,” he said, adding that the store expansion will entail investment of about Rs 10-15 crore.
John Jacobs is also in discussions with fashion retail chains for distribution of its products.
“In terms of online reach, we are already there on Lenskart and Amazon.in and will soon be available on Flipkart as well,” Duggal said, adding that the brand is aggressively expanding its product portfolio as well.
John Jacobs recently introduced a new eye-wear delivery model where the brand delivers eyeglasses, fitted with powered lenses, in a 20-minute time-frame.
The service, currently available in select stores in Bengaluru, will be expanded to Delhi and Pune as well, Duggal said. He added that with the new service, the brand expects to see 30-40 per cent upside in orders.
Brands
Boeing appoints Barun as head of FP&A for global engineering function
Seasoned finance leader to steer budgets and strategy across global centres
BENGALURU: Boeing’s finance cockpit has a new pilot, and he is no stranger to turbulence or transformation. Boeing has appointed Barun as head of FP&A for global engineering, placing him at the centre of financial strategy for its worldwide engineering and technology operations.
Based in Bengaluru, Barun steps into a role that is as expansive as it is critical. He will serve as the primary finance lead for Boeing’s Engineering and Technology Centers globally, working closely with executive leadership to shape financial decisions, manage complex budgets, and design scalable finance processes that support the company’s growing engineering footprint.
In a note announcing his move Barun said, “I’m excited to share that I’ve joined Boeing Global Engineering. This opportunity is incredibly meaningful to me not just from a professional standpoint, but also for what Boeing represents globally.” He added that he looks forward to contributing to an organisation that continues to shape the future of aerospace and innovation.
Barun’s mandate spans strategic financial leadership, operational oversight, and stakeholder engagement. From directing large-scale budgets and schedules to influencing long-term organisational goals, the role blends financial discipline with business foresight. He will also lead cross-functional teams and partner with finance colleagues worldwide to support engineering programmes across geographies, including India.
The appointment caps a long stint at Juniper Networks, where Barun spent over a decade, most recently as finance senior manager. There, he led FP&A for global product business units and G&A functions, driving budgeting, forecasting, and long-range planning. He also played a key role in enterprise-wide transformation, including spearheading an Oracle to SAP ERP migration and building advanced analytics capabilities using tools such as Tableau and SAP Analytics Cloud.
His earlier career includes finance leadership roles at Sony India Software Centre, Cognizant Technology Solutions, and Mphasis, where he focused on financial planning, governance frameworks, and operational efficiency across global delivery centres.
A chartered accountant from the Institute of Chartered Accountants of India, Barun brings nearly two decades of experience across financial planning, digital transformation, and analytics-led decision making.
His appointment comes at a time when global engineering operations are becoming increasingly complex and distributed, requiring sharper financial oversight and agile planning. With Barun at the helm of FP&A for engineering, Boeing appears to be tightening its financial playbook as it looks to scale innovation with discipline.
