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EYEWEAR RETAIL EXPANSION
Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- 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...
- Jefferies, other top brokers raise Lenskart targets after Q4 results; here's whyLenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with revenue from operations rising nearl...
- Lenskart Q4 revenue jumps 46% on volume expansionLenskart reported a significant 46% jump in revenue from operations to Rs 2,515 crore in the January-March quarter, driven by volume expans...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- Lenskart to step up AI push in FY27, targets scale-up in eye tests, automationLenskart is pivoting to a consumer-AI company, making artificial intelligence central to its FY27 growth strategy. The company aims to inte...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Titan Q4 profit jumps 35% as jewellery sales power growthTitan reported a 35% rise in Q4 FY26 net profit to Rs 1,179 crore, driven by strong jewellery demand and premium watch sales. Revenue surge...
- Early Lenskart investor Alpha Wave trims stake by 2.5% in open marketAlpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. D...
- 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 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...
- SBI Mutual Fund invests Rs 100 crore in Lenskart in pre IPO-roundSBI Mutual Fund has invested Rs 100 crore in Lenskart. This investment comes before the eyewear retailer's upcoming Initial Public Offering...
- Lenskart sharpens focus on IPO at $10 billion valuationOmnichannel eyewear retailer Lenskart has started the process of its initial public offering (IPO) and is looking to file its draft papers ...
- Titan Eye+ to resume expansion strategy amid growing eyewear marketTitan Eye+, an eyewear retailer, will resume network expansion from July. The company, an arm of Titan, has over 900 stores across 350 citi...
- Titan Eye Plus to open 60 new outlets this fiscalTata Group firm Titan Company plans to open 60 new 'Titan Eye Plus' outlets during the current fiscal as part of an aggressive expansion st...
- Lenskart plans 100 retail stores to take on local playersLenskart, which offers prescription-based and fashion eyewear, currently has seven stores in places like Chandigarh, Pune, Agartala and Goa...
- Titan plans to make Titan Eye+ a Rs 500 cr brand in 3 yearsDiversified retail company Titan Industries would open 20 more outlets of its speciality eyewear chain "Titan Eye+" by the end of this fisc...
- Reliance's Vision Express to set up 500 eyewear stores by 2015Vision Express, the joint venture between Reliance Retail and Dutch optical retailer Pearle Europe, plans to open 500 eyewear outlets acros...
- Titan to have 200 Eye Plus stores by 2010-11Tata group company Titan Industries is embarking on a major expansion of its eyewear retail business with plans to have 200 showrooms acros...
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