Lenskart expands total ESOP pool

NEW DELHI: Lenskart has expanded its employee stock ownership plan (ESOP) pool, two months after the eyewear solutions company closed a mammoth $275 million-plus equity financing round led by SoftBank Vision Fund.

The company, in an extraordinary general meeting on January 17, increased the number of ESOPs by 619,903 to 3,173,037 stock options, according to a filing with the Registrar of Companies.

ESOPs formed 1.8% of its total shareholding as of December 20, 2019, according to data collated by industry tracker Tracxn.