Searched for
EYEWEAR UNICORN
The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leadersIndian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Le...
Lenskart IPO set to soar with GMP up 27% ahead of listing. Check key detailsLenskart’s ₹7,278 crore IPO opens on October 31, with strong investor demand reflected in a 27% grey market premium and backed by global in...
Sebi approves eyewear market leader Lenskart's IPO along with 4 othersEyewear unicorn Lenskart receives Sebi approval for its IPO, comprising a Rs 2,150 crore fresh issue and OFS. The listing follows strong FY...
D2C startup funding in India fell 18% in 2024 to $757 million: ReportIndian D2C startups raised $757 million in 2024, down 18% from 2023 and less than half of 2022’s total, reflecting investor caution, market...
ET Awards: A clear vision with options to frame outlook in eye of beholder, meet Lenskart's Peyush Bansal, entrepreneur of the yearLenskart cofounder Peyush Bansal received the Entrepreneur of the Year award. The company's revenue grew by 45% to ₹5,500 crore in FY24. Le...
60% of Indian unicorn founders achieved $1-billion valuation in maiden attempt: reportIn the last two years, companies such as quick commerce platform Zepto, non-banking lender InCred, Ola founder Bhavish Aggarwal’s artificia...
Temasek, Fidelity may invest $200 million in Lenskart at $5 billion valuationThis round would take homegrown eyewear company Lenskart's valuation to over three times that of Warby Parker, a New York-based online reta...
Creaegis closes maiden fund at $426 millionFounded by former Premji Invest managing partner and chief investment officer (CIO) Prakash Parthasarathy, the fund is expected to be large...
2 caveats for startups planning IPOs in 2023A slowing trend was also witnessed in the number of Unicorns minted during the year 2022 which was down to 22 from 44 in the previous year....
Lenskart raises $28 million from Avendus Future Leaders Fund IIThis is part of a $200-$250 million funding round led by Alpha Wave Global that it was set to close at a valuation of $4.5-$5 billion, ET h...
Lenskart leads $2.25 million funding round in location intelligence startup GeoIQThe new capital will enable the location AI firm to expand globally, develop its unique data stack, and build various AI models by leveragi...
Lenskart’s subsidiary Neso Brands raises over $100 millionSingapore-based Neso Brands said it would partner with and invest in consumer eyewear brands globally and grow them by leveraging synergies...
Home renovation startup Livspace closes new funding led by KKR at $1.2 billion valuationLivspace will use the capital to expand overseas, deepen its presence in core markets such as India and to widen its product offerings, a s...
Lenskart on verge of closing $250 million funding round at $5 billion valuationSoftbank owns about 20% of Lenskart, while TPG and IFC were also early investors, along with marquee angel investor Ronnie Screwvala.
ETtech Deals Digest: Swiggy, Lenskart raise funds this weekFood delivery platforms made headlines this week.
KKR leads $300 million Lenskart funding at $2.5 billion valuationTemasek, Falcon Edge to join capital raising; secondary share sale largely to provide bumper part exit to older investors including TPG Gro...
SoftBank lines up over $1 billion in Q1 to fuel startup boomThis is in line with SoftBank’s global approach where it made several big-ticket investments in tech startups last week.
Lenskart projects 20% revenue growth in FY 2020-21However, the revenue projection for 2020-21 are a significant drop for the company, which has historically recorded 40%-50% growth year-on-...
Kedaara eyes Lenskart stake at $1b valuationPremjiInvest, Chiratae Ventures among those looking to partially sell their holdings.
Lenskart set to turn unicorn with likely $350 mn SoftBank fundingEyewear retailer sees huge increase in valuation from $460-470 million earlier.