Lenskart News: Lenskart Latest News and Recent Lenskart …
Omnichannel eyewear brand Lenskart, which bagged the top honours at ET Startup Awards (ETSA) 2024, is witnessing stellar online growth backed by its boost to local manufacturing and resulting speedy delivery.
Temasek, Fidelity buy $200M stake in Lenskart at $5B valuation
Jun 3, 2024 · Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear retailer Lenskart, according to a statement by the startup’s financial adviser, Avendus.
Former OYO finance chief Abhishek Gupta joins Lenskart as CFO
23 hours ago · Abhishek Gupta, the former chief financial officer (CFO) of hospitality startup OYO, has joined eyewear maker Lenskart as its new CFO. “After nine amazing years at OYO, I have recently joined ...
Lenskart to go public in next 3 years, says CEO
Jun 3, 2022 · Softbank-backed Lenskart grew 60 per cent in FY22 and Peyush Bansal expects that company is on track to achieve over 50 per cent growth in FY23. India's top eyewear company Lenskart plans to go...
Exclusive: Lenskart raises nearly $20 Mn led by Peyush and
Jul 18, 2024 · Exclusive, News Eyewear retailer Lenskart has raised nearly $20 million from its co-founders Peyush Bansal, Neha Bansal, Amit Choudhary and Sumeet Kapahi. This is the second investment in Lenskart by its co-founders in the last seven months.
Lenskart's $600 mn funding gives early investors ... - Moneycontrol
Jun 15, 2023 · Eyewear startup Lenskart's $600 million funding across two rounds this year, has given a bunch of the company's existing investors including SoftBank a big exit, in a rare occurrence of a...
Lenskart's revenue surges 152% to Rs 3,788 crore in FY23, net loss ...
Apr 25, 2024 · SoftBank and Temasek-backed Lenskart's revenue surged 152 percent from Rs 1,503 crore in FY22 to Rs 3,788 crore in FY23, while net loss narrowed from Rs 102 crore to Rs 64 crore during the...
Lenskart funding: ADIA signs $500 million cheque for 10% stake …
Mar 16, 2023 · Abu Dhabi Investment Authority (ADIA) and Lenskart, the largest eyewear retailer in Asia, has signed a definitive agreement for a $500 million investment by the Gulf Sovereign wealth fund (SWF).
ADIA invests $500 million in Lenskart - TechCrunch
Mar 15, 2023 · Lenskart has signed a definitive agreement to raise $500 million from the Abu Dhabi Investment Authority, they said Wednesday, at the height of the market slump as the Indian eyewear retailer...
State minister offers land in Bengaluru for Lenskart, netizens …
Apr 10, 2024 · Karnataka's Industries & Infrastructure Minister MB Patil has extended an offer of land to the eyewear retail chain Lenskart in Bengaluru, in response to a post made by its founder Peyush Bansal on the social media platform X. Patil assured Bansal that Karnataka provides an ideal location for Lenskart to establish its manufacturing unit. ETtech.
Indian eyewear retailer Lenskart raises $200 mln from Temasek …
Jun 3, 2024 · Indian eyewear retailer Lenskart has raised $200 million from Singapore state investment firm Temasek and Fidelity Management and Research Company, according to Avendus Capital, the financial...
Lenskart raises $100M from private equity firm ChrysCapital
Jun 15, 2023 · Eyewear brand Lenskart has raised $100 million in funding from private equity firm ChrysCapital, taking its overall capital infusion to $850 million within the past year.
Former OYO CFO Abhishek Gupta joins Lenskart in the same role
22 hours ago · Lenskart, the Indian eyewear giant, has appointed Abhishek Gupta as its new Chief Financial Officer (CFO). Gupta, who previously held the CFO position at hospitality startup OYO for nine years, shared the news via LinkedIn on October 22. "After 9 amazing years at OYO, I have recently joined Lenskart.com as the CFO.
LENSKART and OWNDAYS combine to form Asia’s largest …
Jul 31, 2022 · National, June 30, 2022: India’s leading prescription glasses company LENSKART and Japanese Direct-to-Consumer eyewear brand OWNDAYS today announced a strategic partnership via a merger to build the region’s largest Omni-channel eyewear business.
KKR Invests US$95 million in Lenskart - KKR & Co. Inc.
NEW DELHI & MUMBAI, India –(BUSINESS WIRE)– Lenskart, a leading omni-channel eyewear retailer in India, and KKR, a global investment firm, today announced the signing of definitive agreements under which KKR will invest US$95 million in Lenskart (“the Company”) via a secondary stake acquisition.
Lenskart in $400 Million Deal to Create Asian Eyewear Giant
Jun 30, 2022 · Lenskart is buying a majority stake in Japan’s Owndays Inc. in a deal that will create one of Asia’s biggest online retailers of eyewear. The Indian startup backed by SoftBank Group Corp. has...
Media & PR - The Lenskart Blog
Aug 13, 2022 · Lenskart redefines customer convenience: launches ‘Lenskart@Home’ service in Jaipur, Chandigarh and… The company plans to roll out ‘Lenskart@Home’ service in 50+ cities across India by end of this fiscal year
Lenskart valued at $2.5 billion following $220 million investment …
Jul 18, 2021 · Temasek and Falcon Edge Capital have led a $220 million investment in Indian omni-channel eyewear retailer Lenskart, valuing the Bangalore-based startup at $2.5 billion.
India eyewear start-up Lenskart plans IPO in next 3 years ... - CNBC
Jul 23, 2021 · Lenskart is an Indian start-up that sells eyewear online and via retail outlets. This week, it announced it received $220 million in funds, led by Singapore state investor Temasek and Falcon Edge...
Lenskart eyes SEA expansion, likely to open 400 new stores
Dec 1, 2023 · Omnichannel eyewear retailer Lenskart is planning to open 300-400 stores in Southeast Asia over the next two years. The company currently has 70 stores in Singapore, and plans to expand into Thailand, followed by the Philippines, cofounder and CEO Peyush Bansal told ET in Helsinki on Thursday.
SoftBank-Backed Lenskart Raises $220 Million as India Tech Booms
Jul 19, 2021 · India’s Lenskart, an online retailer for eyewear, raised $220 million from investors including Temasek Holdings Pte and Falcon Edge Capital, in another sign of booming interest in the country’s...
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