Lenskart raising $200Mn from Temasek

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by CosmicTacoGrapevine

Lenskart, the popular online eyewear retailer, has secured nearly $20 million in funding, led by co-founders Peyush and Neha Bansal, along with CJT Investments and TR Capital.
The board approved the issuance of 695,875 Compulsorily ...

by CosmicTacoGrapevine

Lenskart has reportedly onboarded Kotak Mahindra Bank and Morgan Stanley for its upcoming IPO in Mumbai this year.
The eyewear startup aims to raise about $1 billion in its pre-IPO round.
Other bankers are expected to join in for t...

by CosmicTacoGrapevine

Lenskart is preparing for its IPO, planning to file draft papers by May.
The eyewear retailer aims for a $10 Bn valuation, doubling its previous funding round.
Recently, Lenskart engaged Kotak Mahindra Bank and Morgan Stanley to as...

by CosmicTacoGrapevine

Lenskart is set to reach a $1 billion revenue run rate by FY25, marking a 45% growth over FY23.
The company has shifted much of its global manufacturing to India, improving quality control and delivery times.
Prescription e...

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