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GLOBAL EYEWEAR MARKET
Reliance AGM 2026: Isha Ambani lays out Rs 1 lakh crore FMCG ambition amid Jio IPOReliance Industries used its 2026 AGM to outline ambitious growth plans across retail, consumer goods and digital businesses, while also ta...
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...
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.
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...
Lenskart shares in focus after Viridian completes stake transfer from Copthall MauritiusHong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This foll...
Bottom-up stock picking key for outsized returns in current market: Sunny AgrawalGeopolitical tensions keep markets on edge. Market expert Sunny Agrawal highlights mid and small-cap companies offer better wealth creation...
Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. 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.
Stocks in news: Rajesh Exports, Lenskart, Suzlon Energy, Aurobindo Pharma, Tata MotorsIndian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced i...
These large- and mid-cap stocks can give more than 20% return in 1 year, according to analystsHas 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. ...
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...
Stocks in news: ITC, Nykaa, Lenskart, Ola Electric, IndusInd BankMarkets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downsid...
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...
SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
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...
Lenskart IPO: 10 things Jefferies said about Rs 2,200 crore offerLenskart is preparing a Rs 2,200 crore IPO, backed by strong financials, robust revenue growth, market leadership in India and Asia, and an...
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 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.
Lenskart puts aside Rs 71 crore to build its contact lens unitLenskart will spend on product innovation, backend integration and enabling trials, while positioning it as a fashion category.