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

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 Wed...

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction dre...

Happy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and 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 Mo...

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.

SoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. D...

Snap has amicably ended its partnership with AI startup Perplexity, canceling plans to integrate Perplexity's AI search into Snapchat. The ...

Lenskart has reversed restrictions on religious symbols in its in-store dress code after facing social media criticism. The company will no...

Lenskart's founder shared personal stories at the company's listing ceremony. The eyewear brand began with challenges, including convincing...

Tracxn data shows, that startups, mostly late-stage, raised funds from 16 rounds. In the same period, a year ago – June 1 to 7, 2023 – they...

Funding activity in Indian startups declined 83% from the same period last year, when companies had raised $1.05 billion across 60 rounds. ...

In March, Abu Dhabi Investment Authority (ADIA), the Gulf Sovereign wealth fund (SWF), had invested $500 million in the company.

Softbank owns about 20% of Lenskart, while TPG and IFC were also early investors, along with marquee angel investor Ronnie Screwvala.

KKR & Co.’s Lenskart funding is part of a $250-300 million round that is likely to see participation of Falcon Edge and Singapore’s Temasek.

The investment is the third such by Lenskart in an overseas tech venture over the last nine months.