Hong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart So ...More

Hong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This follows a recent Rs 2,873 crore block deal where SoftBank affiliate SVF II Lightbulb (Cayman) reduced its holding. ...Less

Lenskart Solutions share price dipped 2% on Thursday as SoftBank affiliate SVF II Lightbulb (Cayman) sold ...More

Lenskart Solutions share price dipped 2% on Thursday as SoftBank affiliate SVF II Lightbulb (Cayman) sold a significant stake. Global and domestic institutional investors, including funds managed by Goldman Sachs and Fidelity, acquired these shares. This transaction, valued at approximately Rs 2,873 crore, saw strong participation. ...Less

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 ...More

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s stake has now fallen to 9.88%. ...Less

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through ...More

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction drew strong institutional interest, while analysts remain positive on Lenskart's growth prospects, technology-led model and expanding international footprint. ...Less

Indian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significan ...More

Indian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced its stake in Lenskart. Sebi issued an interim order against Rajesh Exports. Tata Motors revised its Avinya EV strategy. Suzlon Energy is diversifying into battery storage. RIL's subsidiary signed MoUs with the Haryana Government. ...Less

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech ...More

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5. ...Less

Elara Capital initiated coverage on Lenskart with a Buy rating and a target price of Rs 615, implying a 2 ...More

Elara Capital initiated coverage on Lenskart with a Buy rating and a target price of Rs 615, implying a 22% upside. The brokerage called the eyewear company a structural compounder with a strong competitive moat and a differentiated full-stack business model. Analysts believe Lenskart is well placed to replicate the growth journey of Titan’s jewellery business and emerge as a category leader in eyewear. ...Less

Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Mornin ...More

Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch. ...Less

Lenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with re ...More

Lenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with revenue from operations rising nearly 46% YoY to Rs 2,516 crore. The upbeat earnings prompted bullish brokerage views and target price upgrades, pushing the stock to a near one-month high of Rs 517 on the NSE. The rally added more than Rs 5,235 crore to the company’s market capitalisation, taking its valuation close to Rs 90,000 crore. ...Less

Lenskart reported a significant 46% jump in revenue from operations to Rs 2,515 crore in the January-Marc ...More

Lenskart reported a significant 46% jump in revenue from operations to Rs 2,515 crore in the January-March quarter, driven by volume expansion and new customer acquisitions. Despite a slight dip in net profit due to a one-time gain in the previous year, the company's operating margin expanded to 21.3%. ...Less

Lenskart Solutions saw its net profit decrease by 9% year-on-year in the fourth quarter. However, revenue ...More

Lenskart Solutions saw its net profit decrease by 9% year-on-year in the fourth quarter. However, revenue from operations surged by 46%. The company conducted significantly more eye tests, expanding its market reach. International business also showed robust growth. Lenskart is focusing on premiumization and improving capital efficiency, funding its expansion internally. ...Less

Motilal Oswal has revealed its top non-Nifty stock picks. The brokerage anticipates robust earnings growt ...More

Motilal Oswal has revealed its top non-Nifty stock picks. The brokerage anticipates robust earnings growth for these companies. Key names include ICICI Prudential AMC, TVS Motor, and Dixon Technologies. Delhivery shows the highest projected earnings expansion. Investors can explore these opportunities for potential gains. ...Less

Lenskart is pivoting to a consumer-AI company, making artificial intelligence central to its FY27 growth ...More

Lenskart is pivoting to a consumer-AI company, making artificial intelligence central to its FY27 growth strategy. The company aims to integrate AI across its value chain, from eye tests and product design to manufacturing and delivery, to enhance customer acquisition and eye-testing capacity. ...Less

Shares of Lenskart climbed by 2% on Thursday, despite a 9% decline in net profit for the fourth quarter. ...More

Shares of Lenskart climbed by 2% on Thursday, despite a 9% decline in net profit for the fourth quarter. The company showcased impressive operational growth, with a significant 46% increase in revenue. Lenskart has intensified its eye testing services and is ambitiously spreading its footprint into new cities, while its international ventures are thriving. ...Less

Companies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logi ...More

Companies are using AI to personalise discovery, improve marketing efficiency, reduce manual work in logistics, handle customer support, reduce failed deliveries, improve store productivity and speed up internal technology deployment. The use cases differ across companies, but the common thread is that AI is now being applied extensively to operating functions where scale, speed and accuracy matter. ...Less

Markets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select ...More

Markets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downside. Several companies like ITC, Nykaa, and IndusInd Bank are in focus due to Q4 results and news developments, including Lenskart's profit decline and Dr. Reddy's new diabetes drug launch. ...Less

Pronto, a home services startup, is facing criticism for using body-camera footage from workers inside cu ...More

Pronto, a home services startup, is facing criticism for using body-camera footage from workers inside customers’ homes to train AI and robotics systems. The company says customers can opt in for discounts, but critics argue the real business is collecting valuable in-home data for humanoid robots. ...Less

The Indian markets are closed for trading, but the oil price is reacting to overnight noise on the US-Ira ...More

The Indian markets are closed for trading, but the oil price is reacting to overnight noise on the US-Iran war. So, will we see more weakness in the market? But first, why the question mark at all? Because, there is a lot that could change between now and when the markets open on Friday morning. The best thing to do at this juncture is to ignore what happens on a day-to-day basis. In short, change your perspective. ...Less

The March quarter was largely stable for companies, with most firms reporting revenue growth in line with ...More

The March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operating metrics. However, food delivery, quick commerce, ecommerce, beauty, eyewear, furniture and logistics firms are preparing for higher costs in the upcoming quarters even as consumer sentiment remains uneven. ...Less

Indian markets navigated a sideways trend, with analysts urging caution until the 24,000 mark is reclaime ...More

Indian markets navigated a sideways trend, with analysts urging caution until the 24,000 mark is reclaimed. Key stocks like Lenskart, Apollo Hospitals, ZEE, BPCL, and Hindalco are in focus due to Q4 results and news. BEL reported a profit rise, while ZEE saw a net loss. Maruti Suzuki expanded production capacity. ...Less

Motilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-yea ...More

Motilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-year against its 8% estimate. Strong performances from BFSI, metals, OMCs, technology, telecom and automobiles drove the beat, while oil & gas lagged. The brokerage remains selective, favouring domestic growth-oriented sectors and stocks. ...Less

Has a peace deal been agreed on by the US and Iran? Will the fragile ceasefire hold? No one can answer th ...More

Has a peace deal been agreed on by the US and Iran? Will the fragile ceasefire hold? No one can answer these questions with any certainty. But whenever the war ends, the probability is that volatility will continue for a while in most emerging markets, including India. The reason we are saying this is because some sectors were facing headwinds even before the war began. And for others, things are not going to be easy. ...Less

Lenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and ...More

Lenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5. ...Less

US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. ...More

US demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech Top 5. ...Less

Happy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. ...More

Happy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Morning Dispatch. ...Less

Quant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority o ...More

Quant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority of India to its portfolio, the fund’s monthly disclosure showed. The fund also increased exposure to Reliance Industries and maintained holdings in several key stocks, as sector allocations shifted toward healthcare and metals. ...Less

Indian equity benchmarks extended gains for a third consecutive session as strong buying in banking, fina ...More

Indian equity benchmarks extended gains for a third consecutive session as strong buying in banking, financial, energy and auto stocks lifted market sentiment. Analysts signalled bullish technical momentum for Nifty, while broader market breadth, lower volatility and strong participation across sectors supported the rally. ...Less

Nifty ended marginally lower as IT and FMCG weakness offset gains in autos, metals and realty. Analysts f ...More

Nifty ended marginally lower as IT and FMCG weakness offset gains in autos, metals and realty. Analysts flagged resistance near key moving averages and bearish momentum. Markets remain rangebound, with crucial support near 23,400 and resistance around 23,800–23,900 levels. ...Less

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% ...More

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. Despite the stake sale, analysts remain optimistic on Lenskart’s long-term growth, citing strong revenue potential, operational scale and improving profitability outlook. ...Less

Benchmark indices closed marginally higher on Wednesday, led by gains in banking and auto shares, while I ...More

Benchmark indices closed marginally higher on Wednesday, led by gains in banking and auto shares, while IT and FMCG stocks capped advances. Analysts said Nifty remains range-bound with weak sentiment persisting below key resistance levels, despite easing volatility and selective buying interest across sectors. ...Less

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Invest ...More

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities. ...Less

HSBC Midcap Fund delivered exceptional returns, transforming a Rs 10,000 monthly investment into Rs 2.33 ...More

HSBC Midcap Fund delivered exceptional returns, transforming a Rs 10,000 monthly investment into Rs 2.33 crore over two decades. The fund also showed strong three-year trailing returns, ranking second in its category. Experts highlight the fund manager's strategy of focused stock selection in quality mid-sized companies across growth sectors. This approach has consistently benefited from India's economic expansion. ...Less

Edelweiss Mutual Fund has launched its second Altiva SIF offering, the Altiva Equity Ex-Top 100 Long-Shor ...More

Edelweiss Mutual Fund has launched its second Altiva SIF offering, the Altiva Equity Ex-Top 100 Long-Short Fund. This equity-led strategy aims for long-term capital appreciation by focusing on small and midcap companies, offering a differentiated investment opportunity beyond the top 100 by market capitalization. ...Less

Lenskart share price dropped 3% following a massive Rs 5,315 crore block deal and the expiry of a Rs 51,0 ...More

Lenskart share price dropped 3% following a massive Rs 5,315 crore block deal and the expiry of a Rs 51,000 crore IPO lock-in. Despite a recent social media backlash and policy change regarding religious symbols, the company reported a significant profit surge in Q3 FY26. Investors await Q4 FY26 results. ...Less

Arbitrage mutual funds present an avenue for investors seeking returns over a year or more. These funds c ...More

Arbitrage mutual funds present an avenue for investors seeking returns over a year or more. These funds capitalize on price discrepancies between cash and derivatives markets. They are taxed like equity funds, with a 12.5% long-term capital gains tax after one year. Volatility can enhance arbitrage opportunities, making these funds suitable for those not wanting to predict interest rate movements. ...Less

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominen ...More

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola Electric saw their market value drop. This led to substantial paper losses for SoftBank's Vision Fund. Despite overall gains from other investments, the Indian portfolio's performance highlights recent market challenges. SoftBank has been a major investor in India's startup ecosystem. ...Less

Bitcoin dropped to a two-week low of $76,700 as the crypto market experienced a selloff, leading to nearl ...More

Bitcoin dropped to a two-week low of $76,700 as the crypto market experienced a selloff, leading to nearly $661 million in liquidations. Major cryptocurrencies like Ethereum and altcoins saw declines, with analysts citing Bitcoin's rejection near $82,000 and slowing ETF inflows as key factors. ...Less

Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by ...More

Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowing global IT spending, and muted earnings. This strategic shift reflects investor caution amid a transition phase for the IT sector, with a preference for domestic sectors like financials and defence. ...Less

Bitcoin dipped towards $79,000, influenced by rising US Treasury yields, inflation concerns, and high oil ...More

Bitcoin dipped towards $79,000, influenced by rising US Treasury yields, inflation concerns, and high oil prices, impacting global risk assets. Major altcoins also saw declines, with the global crypto market capitalization falling. Analysts suggest Bitcoin's pullback is macro-driven, with key resistance at $82,000-$82,500. ...Less

Mutual funds exited nine midcap stocks in April. SBI Mutual Fund sold Uno Minda and Dabur India. Kotak Mu ...More

Mutual funds exited nine midcap stocks in April. SBI Mutual Fund sold Uno Minda and Dabur India. Kotak Mutual Fund divested FSN E-Commerce. Nippon India Mutual Fund exited Havells India and Meesho. Quant Mutual Fund sold Dabur India, SBI Cards, and Lenskart Solutions. ICICI Prudential Mutual Fund sold Tube Investments and Tata Communications. ...Less

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to ...More

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch. ...Less

Morgan Stanley's India model portfolio favors consumption, financials, infrastructure, and real estate th ...More

Morgan Stanley's India model portfolio favors consumption, financials, infrastructure, and real estate themes, betting on companies with strong balance sheets and long-term earnings visibility. The brokerage highlights stocks like Maruti Suzuki, Trent, Bajaj Finance, and Larsen & Toubro, anticipating continued domestic demand, infrastructure spending, and premiumization trends. ...Less

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially m ...More

Honasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first listed new-age company to reward shareholders with a dividend amid improving stock performance and steady business growth expectations. ...Less

Domestic equity benchmarks ended sharply lower on Friday amid rising geopolitical tensions between the US ...More

Domestic equity benchmarks ended sharply lower on Friday amid rising geopolitical tensions between the US and Iran, rupee weakness and heavy profit-booking in financial stocks. Analysts said the Nifty slipping below key technical levels signals weakening momentum, although select indicators still point towards the possibility of a near-term recovery. ...Less

IPO investors are bracing for a significant wave of lock-in expiries between May and August, with shares ...More

IPO investors are bracing for a significant wave of lock-in expiries between May and August, with shares of 83 newly-listed companies valued at $55 billion becoming eligible for trade. This period will see major companies like Lenskart, Groww, and Pine Labs experience their lock-in periods ending, potentially impacting market dynamics. ...Less

Smallcap and midcap stocks surged on Wednesday, outperforming broader market indices with gains of around ...More

Smallcap and midcap stocks surged on Wednesday, outperforming broader market indices with gains of around 1% each. This rally was fueled by strong earnings reports, a fall in oil prices, and renewed market optimism. Key gainers included Coforge, SRF, and Wockhardt, driven by significant profit increases and strategic investments. ...Less

BJP minority morcha leader Nazia Elahi Khan confronted Lenskart staff in Mumbai, applying tilak on employ ...More

BJP minority morcha leader Nazia Elahi Khan confronted Lenskart staff in Mumbai, applying tilak on employees after allegations of restrictions on Hindu religious symbols. The incident follows Lenskart's clarification that all faith symbols are permitted, aiming to resolve a controversy over its internal style guide. ...Less

Lenskart shares fell amid social media backlash over an alleged dress code restricting religious symbols. ...More

Lenskart shares fell amid social media backlash over an alleged dress code restricting religious symbols. The controversy persisted despite clarification from CEO Peyush Bansal, with the policy drawing criticism and boycott calls. ...Less

Eyewear retailer Lenskart has issued a public apology and released a revised “In-Store Style Guide” after ...More

Eyewear retailer Lenskart has issued a public apology and released a revised “In-Store Style Guide” after facing online backlash over a viral alleged grooming policy that was criticized for restricting religious symbols. The company clarified that the earlier document was outdated and does not reflect its current guidelines, emphasizing that employees are free to wear symbols of faith such as bindis, tilaks, sindoor, kalawa, mangalsutra, kada, hijab, and turbans. ...Less

Lenskart has reversed restrictions on religious symbols in its in-store dress code after facing social me ...More

Lenskart has reversed restrictions on religious symbols in its in-store dress code after facing social media criticism. The company will now explicitly permit religious and cultural markers such as bindis, hijabs, and turbans in its revised style guide. ...Less

Namita Thapar has responded to online trolling over her video on the health benefits of namaz. Her commen ...More

Namita Thapar has responded to online trolling over her video on the health benefits of namaz. Her comments come amid wider corporate controversies involving Lenskart and Tata Consultancy Services, highlighting growing debates around workplace rights, religious expression and accountability in corporate India. ...Less

Indian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks li ...More

Indian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Lenskart, Meesho, and PhysicsWallah. This shows growing confidence from domestic investors in these tech-focused businesses. Brokerages are also initiating coverage with positive outlooks. This trend indicates a significant shift in institutional capital towards India's new-age economy. ...Less

Emcure Pharmaceuticals' Namita Thapar shared a health awareness video amid controversy over her namaz rem ...More

Emcure Pharmaceuticals' Namita Thapar shared a health awareness video amid controversy over her namaz remarks. Meanwhile, Lenskart faced backlash for an outdated grooming policy, later issuing an apology and revising its inclusive workplace guidelines. Separately, a TCS employee accused of exploitation failed to secure interim protection from arrest as investigations continue. ...Less

A screenshot of a Lenskart grooming policy that circulated online sparked the controversy. Bansal said th ...More

A screenshot of a Lenskart grooming policy that circulated online sparked the controversy. Bansal said the document does not reflect Lenskart’s present guidelines and clarified that employees are free to wear symbols such as bindis and tilak. ...Less

Fintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in toda ...More

Fintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5. ...Less

Bengaluru Temperature: Bengaluru is experiencing a summer unlike any before. Temperatures are soaring, pu ...More

Bengaluru Temperature: Bengaluru is experiencing a summer unlike any before. Temperatures are soaring, pushing residents to find innovative cooling solutions. Some are booking hotel rooms just for air conditioning. Household items like crayons are melting indoors, highlighting the extreme heat. This shift marks a significant change for the city once known for its pleasant weather. Northern districts face even harsher conditions. ...Less

Markets ended flat, but action was stock-specific, with Trent, Adani Power, Deccan Gold Mines and IEX amo ...More

Markets ended flat, but action was stock-specific, with Trent, Adani Power, Deccan Gold Mines and IEX among the top movers, while Lenskart and Yes Bank saw pressure amid mixed sector cues. ...Less

Five mutual funds added eight midcap stocks to their portfolios in March, signaling selective accumulatio ...More

Five mutual funds added eight midcap stocks to their portfolios in March, signaling selective accumulation as valuations turned attractive after the recent correction. ...Less

Gautam Duggad of Motilal Oswal Financial Services anticipates a sharp earnings slowdown in the fourth qua ...More

Gautam Duggad of Motilal Oswal Financial Services anticipates a sharp earnings slowdown in the fourth quarter. He strongly recommends PSU banks, defence stocks, and capital market plays for the upcoming fiscal year 2027. Duggad believes midcap companies will continue to outperform large caps due to structural growth differences. His strategy favors discretionary consumption over traditional FMCG. ...Less

Happy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more ...More

Happy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more in today’s ETtech Morning Dispatch. ...Less

New-age companies are prioritizing senior engineers with creativity, curiosity, and ownership as they bec ...More

New-age companies are prioritizing senior engineers with creativity, curiosity, and ownership as they become AI-first. Hiring for engineering roles has surged, with a focus on system thinking and AI collaboration. Companies are shifting technology from a support function to a core business driver, demanding engineers engage with customers and co-own product outcomes. ...Less

Bay Capital is launching a Digital Opportunities Fund to invest in public and private digital businesses ...More

Bay Capital is launching a Digital Opportunities Fund to invest in public and private digital businesses in India. Sandeep Barasia and Tej Kapoor will be joining in as cofounders and partners. The Category II AIF will back high-growth companies, working closely with cofounders and focusing on India’s long-term digital future. ...Less

Tata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik o ...More

Tata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ETtech Top 5. ...Less

JioBlackRock Mutual Fund’s Flexi Cap Fund exited Swiggy and 20 other stocks in March, while adding ICICI ...More

JioBlackRock Mutual Fund’s Flexi Cap Fund exited Swiggy and 20 other stocks in March, while adding ICICI Prudential Asset Management Company and nine more. The fund also increased exposure to key largecaps, reflecting active portfolio reshuffling amid evolving market opportunities and valuation dynamics. ...Less

Global brokerage Morgan Stanley sees a fresh bull run in Indian equities. The firm has an Overweight rati ...More

Global brokerage Morgan Stanley sees a fresh bull run in Indian equities. The firm has an Overweight rating on 10 stocks, including Trent and Adani Power. Morgan Stanley forecasts the Sensex to reach 95,000 by December 2026. This outlook suggests a significant upside for the Indian stock market. ...Less

Motilal Oswal reshuffled its model portfolio, increasing SBI weight while trimming HDFC Bank. It added st ...More

Motilal Oswal reshuffled its model portfolio, increasing SBI weight while trimming HDFC Bank. It added stocks across financials, new-age, defence, and manufacturing, citing strong growth prospects and valuations. The brokerage remains selective on IT and metals while favouring emerging platforms and consumption-driven opportunities. ...Less

A wave of IPO lock-in expiries is set to hit Dalal Street, with 81 companies unlocking nearly $70 billion ...More

A wave of IPO lock-in expiries is set to hit Dalal Street, with 81 companies unlocking nearly $70 billion worth of shares over the next three months, though large-scale selling may be limited as promoters are likely to retain holdings. ...Less

TR Capital will deploy $1 billion in India over the next five years, across consumer, financial services, ...More

TR Capital will deploy $1 billion in India over the next five years, across consumer, financial services, and healthcare, while selectively evaluating opportunities at the intersection of software and artificial intelligence (AI), managing partner Frederic Azemard told ET today. ...Less

The primary equity market in FY26 presented a challenging landscape, with most IPOs failing to deliver re ...More

The primary equity market in FY26 presented a challenging landscape, with most IPOs failing to deliver returns post-listing due to heightened volatility and foreign investor exodus. While only a third of the 109 mainboard IPOs posted positive returns, select companies like Ather Energy and Belrise Industries achieved significant gains. ...Less

Indian tech startups raised USD 11.7 billion in FY 2025-26, an 18% drop from the previous year. Despite t ...More

Indian tech startups raised USD 11.7 billion in FY 2025-26, an 18% drop from the previous year. Despite this, early-stage funding saw a 33% surge. India remained the fourth-highest funded country globally. FinTech and Enterprise Applications led sector funding. The year also saw a significant rise in IPOs and unicorn creation. ...Less

IPO-led startup exits rose 30% to nearly $2 billion in 2025, driven by eight larger VC-backed listings. F ...More

IPO-led startup exits rose 30% to nearly $2 billion in 2025, driven by eight larger VC-backed listings. Fewer IPOs delivered higher value, with deals above $100 million dominating. IPO share of exit value increased, though total public market exits dipped amid volatility, even as overall VC-backed exits reached about $7 billion. ...Less

Happy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground ...More

Happy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech Morning Dispatch. ...Less

TCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and ...More

TCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5. ...Less

Lenskart shares: Jefferies initiated coverage on Lenskart Solutions with a Buy rating, citing significant ...More

Lenskart shares: Jefferies initiated coverage on Lenskart Solutions with a Buy rating, citing significant growth potential in India's under-penetrated eyewear market. The brokerage highlighted Lenskart's tech-driven, omni-channel model and strong store economics, projecting a 23% upside with a Rs 500 price target. Despite competition, Lenskart's leadership and scale justify its valuation. ...Less

The grey market premium (GMP) for eyewear retailer Lenskart Solutions has crashed to zero, wiping out all ...More

The grey market premium (GMP) for eyewear retailer Lenskart Solutions has crashed to zero, wiping out all pre-listing excitement ahead of its market debut on Monday. ...Less

Lenskart’s upcoming results are closely watched as investors assess growth momentum, margin improvement a ...More

Lenskart’s upcoming results are closely watched as investors assess growth momentum, margin improvement and the impact of its aggressive expansion. Analysts expect steady revenue gains, rising active shoppers and improving store economics. Despite valuation concerns, the long-term opportunity remains strong, supported by an under-penetrated market and Lenskart’s integrated, cost-efficient operating model. ...Less

Lenskart is preparing a Rs 2,200 crore IPO, backed by strong financials, robust revenue growth, market le ...More

Lenskart is preparing a Rs 2,200 crore IPO, backed by strong financials, robust revenue growth, market leadership in India and Asia, and an omnichannel presence. Jefferies highlights profitability, international expansion, and large market potential driving investor interest. ...Less

Lenskart shares rose on their second trading day after a volatile debut, leaving investors debating wheth ...More

Lenskart shares rose on their second trading day after a volatile debut, leaving investors debating whether to buy, sell, or hold. Despite strong listing recovery and robust revenue growth, brokerages like Ambit Capital have turned cautious, citing steep valuations, thin margins, and delayed free cash flow visibility until FY28. ...Less

Lenskart’s consolidated operating revenue grew 66% to Rs 1,502 crore in the previous fiscal year (FY22). ...More

Lenskart’s consolidated operating revenue grew 66% to Rs 1,502 crore in the previous fiscal year (FY22). The SoftBank-backed company, however, reported losses of Rs 102 crore after clocking a profit of Rs 28 crore in the previous financial year. ...Less

Eyewear giant Lenskart is gearing up for its Initial Public Offering with an expected valuation of Rs 70, ...More

Eyewear giant Lenskart is gearing up for its Initial Public Offering with an expected valuation of Rs 70,000 crore. Investors are anticipating substantial gains, with some seeing returns of up to 17 times their initial investment. The company's valuation has seen remarkable growth in recent years. ...Less

Lenskart IPO: Lenskart's Rs 7,278 crore IPO opened today, fully subscribed by afternoon with over 10 cror ...More

Lenskart IPO: Lenskart's Rs 7,278 crore IPO opened today, fully subscribed by afternoon with over 10 crore bids. The omnichannel eyewear giant, with a price band of Rs 382-402, aims to fund expansion and technology. Despite high valuations, analysts see strong long-term growth potential in India's expanding eyewear market. ...Less

Lenskart Solutions shares surged nearly 4% to Rs 427 after Macquarie initiated coverage with an Outperfor ...More

Lenskart Solutions shares surged nearly 4% to Rs 427 after Macquarie initiated coverage with an Outperform rating and a Rs 530 target price, citing robust growth and a strong integrated supply chain. The company also reported a 20% year-on-year rise in consolidated profit after tax to Rs 102.22 crore in its first earnings post-IPO. ...Less

Lenskart Solutions made a subdued market debut, listing at ₹390 on the BSE and ₹395 on the NSE — about 3% ...More

Lenskart Solutions made a subdued market debut, listing at ₹390 on the BSE and ₹395 on the NSE — about 3% below its ₹402 issue price. The weak listing followed a sharp drop in its grey market premium from ₹108 to zero, reflecting caution despite strong investor demand. The ₹7,278 crore IPO was subscribed 28 times, led by QIBs at 45 times. ...Less

Eyewear giant Lenskart has reported a significant turnaround, posting a Rs 62 crore net profit in Q1FY26, ...More

Eyewear giant Lenskart has reported a significant turnaround, posting a Rs 62 crore net profit in Q1FY26, a stark contrast to last year's Rs 11 crore loss. The company's operating revenue also saw a healthy 25% jump. Ahead of its Rs 7,300 crore IPO, Lenskart plans to expand its extensive store network in India and internationally. ...Less

Lenskart IPO: In the grey market, the IPO premium has slipped to about 18% from 27% a few days earlier, b ...More

Lenskart IPO: In the grey market, the IPO premium has slipped to about 18% from 27% a few days earlier, based on the issue price of ₹402 per share. Though listing gains are still anticipated, the drop in premium suggests investor sentiment has cooled slightly before the debut. ...Less

Around 1,500 people will be hired to manage Lenskart stores, while more than 100 engineers will be brough ...More

Around 1,500 people will be hired to manage Lenskart stores, while more than 100 engineers will be brought on board for its technology teams in Bengaluru, Delhi NCR and Hyderabad. ...Less

Lenskart Solutions witnessed a remarkable surge in its net profit, climbing by 6,982% to Rs 131 crore in ...More

Lenskart Solutions witnessed a remarkable surge in its net profit, climbing by 6,982% to Rs 131 crore in the December-ended quarter. This substantial growth was accompanied by a 38% increase in revenue from operations, reaching Rs 2,308 crore during the same period. ...Less

Lenskart reported a 21% year-on-year operating revenue growth to Rs 2,096 crore for the July-September qu ...More

Lenskart reported a 21% year-on-year operating revenue growth to Rs 2,096 crore for the July-September quarter, its first as a public company. Net profit expanded 20% to Rs 103 crore, with Ebitda surging 44% to Rs 414 crore. ...Less

The fundraise was done at a $4.2 billion valuation and will result in ADIA becoming one of the largest sh ...More

The fundraise was done at a $4.2 billion valuation and will result in ADIA becoming one of the largest shareholders in Lenskart with a 10% stake. ...Less

“We have continued to grow exponentially, in international markets as well as in India. This has opened u ...More

“We have continued to grow exponentially, in international markets as well as in India. This has opened up several job opportunities across Lenskart to serve and delight our customers at a huge scale," Peyush Bansal, Founder, and CEO of Lenskart said. ...Less

Lenskart will list on 10 November after its Rs 7,300-crore IPO, open from October 31 to November 4. Value ...More

Lenskart will list on 10 November after its Rs 7,300-crore IPO, open from October 31 to November 4. Valued at about Rs 70,000 crore, the eyewear retailer plans to use funds for expansion, rentals, and acquisitions. It posted Rs 1,169-crore India revenue and Rs 62-crore profit in April–June 2025. Here are the key IPO numbers. ...Less

Lenskart, India's top eyewear seller, has opened its Rs 7,278 crore IPO. The issue closes on November 4. ...More

Lenskart, India's top eyewear seller, has opened its Rs 7,278 crore IPO. The issue closes on November 4. Investors see potential listing gains. Lenskart is a full-fledged omnichannel retailer with a strong presence in India and abroad. The company shows improved financials and plans for expansion. Analysts recommend subscribing for long-term growth. ...Less

Lenskart's shareholders have approved plans for an IPO aiming to raise Rs 2,150 crore. The company is exp ...More

Lenskart's shareholders have approved plans for an IPO aiming to raise Rs 2,150 crore. The company is expected to file its DRHP with Sebi soon, joining other new-age firms seeking public funding. Shareholders also approved a new Esop 2025, and the company reported a 43% increase in operating revenue for FY24, with narrowed losses. ...Less

Eyewear retailer Lenskart has received a “Sell” rating from Ambit Capital ahead of its IPO listing, with ...More

Eyewear retailer Lenskart has received a “Sell” rating from Ambit Capital ahead of its IPO listing, with a target price of Rs 337—16% below the issue price of Rs 402. Ambit cited stretched valuations despite strong growth prospects, cautioning that free cash flows may remain negative until FY28 due to heavy capex plans. ...Less

Lenskart's initial public offering saw full subscription on its first day. Both institutional and retail ...More

Lenskart's initial public offering saw full subscription on its first day. Both institutional and retail investors showed strong interest. The issue was subscribed 1.12 times by Friday's close. Institutional buyers led the demand, subscribing 1.42 times their reserved portion. This investor enthusiasm comes despite concerns about Lenskart's IPO valuation. ...Less

Lenskart shares made a choppy debut, listing below the IPO price but rebounding over 3% intraday as inves ...More

Lenskart shares made a choppy debut, listing below the IPO price but rebounding over 3% intraday as investors balanced steep valuations with strong growth prospects. Analysts flagged rich pricing and thin margins, while some see long-term potential in India’s expanding eyewear market. ...Less

The Gurugram-based omnichannel eyewear brand Lenskart closed a $200 million secondary round in June 2024 ...More

The Gurugram-based omnichannel eyewear brand Lenskart closed a $200 million secondary round in June 2024 at a $5 billion valuation. Singapore's sovereign fund Temasek and US financial services giant Fidelity had participated in the round. The company is expecting a 10 billion valuation for its IPO, double it last funding round. ...Less

Lenskart, India's major eyewear retailer, has filed for an IPO with Sebi, potentially raising Rs 8,000 cr ...More

Lenskart, India's major eyewear retailer, has filed for an IPO with Sebi, potentially raising Rs 8,000 crore. The IPO includes a fresh issue of shares and an offer-for-sale by existing investors like SoftBank. The company intends to use the funds to expand its retail presence, invest in technology, and pursue acquisitions, building on its revenue growth and international expansion. ...Less

Lenskart shares: Lenskart Solutions shares climbed 4.8% after the eyewear major reported a 20% year-on-ye ...More

Lenskart shares: Lenskart Solutions shares climbed 4.8% after the eyewear major reported a 20% year-on-year rise in consolidated profit after tax to Rs 102.22 crore for Q2 FY26. Revenue also saw a 20.8% YoY increase to Rs 2,096.14 crore, reinforcing investor confidence post-IPO. ...Less