Source: SGEntrepreneurs website, May 2013
… most of the founders’ expertise and assets are already in the Philippines. He himself has started Galleon.ph, which gives him an understanding of e-commerce in the Philippines. Meanwhile, Four Eyes’ cofounder Jiten Lalwani is in family eyewear business RS Corporation, which has been doing distribution and wholesaling for almost three decades.
The fact that Jiten is in the traditional eyewear industry puts Four Eyes in an interesting context, since the startup could cannibalize longstanding industry players if it succeeds.