Page 6 - Latest Updates on Lenskart IPO

Lenskart eyes tech startups to buy out or acqui-hire and boost core biz

Has already made two acquihires this year in DailyJoy and HighApe; is ramping up its 170-strong tech team with 80 more engineers by this August

KKR invests $95 mn in Lenskart, says will help eyewear firm's growth

TPG Growth and TR Capital will each divest a portion of their holding in Lenskart.

Covid-19 pandemic spurs matured-stage start-ups to advance their IPO plans

Several ecommerce and digital payments companies are looking for public listing over next two years

SoftBank invests $275 million in Lenskart; buys out some early investors

A large part of this investment will go towards building next generation technology and supply chain, said Peyush Bansal, Founder & CEO of Lenskart

Eyewear start-up Lenskart's valuation crosses $1.5 bn with SoftBank deal

Lenskart is raising Rs 1,645 cr in a funding round led by Masayoshi Son-led SoftBank; company has cut losses by 73%, while driving revenue up 57% in FY19

Eyewear start-up Lenskart's valuation crosses $1.5 bn with SoftBank deal

The start-up raised over $275 million from Softbank Vision Fund

Top 10 biz headlines: BPCL stake sale likely, Aug auto sales plunge & more

From the govt planning to offload its Rs 40,000-cr stake in BPCL to four- and two-wheeler sales falling by almost half in Aug from the equivalent month last year, here are today's top business stories

Lenskart sees more scope of growth in non-metros: CEO Peyush Bansal

The average store size in metros and smaller centres is 600 and 300 square feet respectively

Lenskart eyes the popular route

With a celebrity ambassador, the eyewear retailer hopes to change the perception around the category and expand its brand footprint

Premji Invest backs Lenskart, expands retail portfolio

Investment from Premji comes after Lenskart raised Rs 400 crore in funding in May led by International Finance Corporation, the venture capital arm of World Bank

IFC leads Rs 400 crore investment in Lenskart

Founded in 2010, Lenskart claims to be India's largest online retailer of premium quality and stylish eyewear

Lenskart to invest Rs 300 cr to become biggest eyewear player

Company claims it is selling largest number of spectacles and is also a leader in the segment

Lenskart plans to raise $25 million from IFC

The firm will use the proceeds to expand its product distribution , set up manufacturing and assembly facility