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Lenskart shares in focus as Goldman Sachs, Morgan Stanley, others purchase stake in Rs 1,960 crore block dealLenskart Solutions saw significant stake activity as marquee investors bought Rs 1,960 crore in a block deal, with Platinum Jasmine A 2018 ...- Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block dealADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted stro...
- ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exitAbu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...
- SoftBank sells Rs 2,873 crore worth of Lenskart shares in block deal to Goldman Sachs and other investorsLenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction dre...
- Lenskart to become eyewear industry's Tanishq? Elara makes big predictionElara Capital initiated coverage on Lenskart with a Buy rating and a target price of Rs 615, implying a 22% upside. The brokerage called th...
- Lenskart launches Spanish brand Meller in IndiaThe omnichannel eyewear company, which went public early this week, had acquired an 80% stake in Meller for Rs 407 crore (about €41.5 milli...
- Inside Lenskart growth before IPO: Promising earnings at first glance or accounting adjustment?Lenskart’s FY25 profit of Rs 297 crore marks a sharp turnaround from a loss a year earlier, but much of the jump stems from a one-time acco...
- ET Awards for Corporate Excellence 2024: Meet the leaders driving innovation and impactCelebrating 25 years of excellence, The Economic Times Awards for Corporate Excellence honours leaders and organizations transforming India...
- Lenskart IPO: Eyewear firm files draft papers with Sebi for Rs 8,000 crore listingLenskart IPO news: Eyewear maker Lenskart has filed its DRHP with Sebi to launch an IPO comprising a fresh issue of shares worth Rs 2,150 c...
- ET Awards: We are driven by the purpose of giving vision to people: Peyush BansalLenskart's CEO, Peyush Bansal, has led the company's growth to over 2,500 stores while maintaining operational efficiency. The 2022 acquisi...
- ET Corporate Awards | Businesses need to be built around a purpose and mission: Lenskart CEO Peyush BansalGurgaon-based Lenskart managed to balance rapid scale with operational performance, growing to more than 2,500 stores in India and Southeas...
- 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...
- Lenskart eyes SEA expansion, likely to open 400 new storesThe company currently has 70 stores in Singapore, and plans to expand into Thailand, followed by the Philippines, cofounder and CEO Peyush ...
- Lenskart focussing on India, Southeast Asia and Middle East: CEO“Almost half of India needs spectacles and their number is growing to almost 70-80%. I do not get into market size etc. All I know is that ...
- Exclusive | PE fund ChrysCapital eyes $100-million funding in LenskartIf finalised, this would be among the largest investments in a new-age entity by ChrysCapital, which has backed internet firms such as Drea...
- Lenskart valued at $4.5 billion after new financingThis in an 80% expansion in value for the company, which was last valued at $ 2.5 billion following the close of a $315 million round in Ju...
- Govt finalising online gaming rules; LazyPay updates terms after RBI orderOfficials told us it would be “a light-touch framework that co-exists with the regulations” states have passed
- Lenskart acquires Japan’s Owndays in $400 million dealTogether, both brands now have an annual revenue run rate of $650 million for FY23.
- RBI guv calls crypto a ‘clear danger’; Lenskart acquires Japan’s Owndays in $400M dealRBI governor Shaktikanta Das said cryptocurrencies present a “clear danger” to financial systems and stability.
- Japanese retailers looking to enter Indian market dominated by European, US brandsA couple of Japanese companies already sell their fashion products in India, a country with a burgeoning and increasingly urbanised and pro...
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