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LARGEST EYEWEAR FACILITY
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...- 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...
- After solid Q2 show, Lenskart CEO Peyush Bansal says eyewear retailer will prioritise volume growthIn India, the company expects margins to improve further as it benefits from scale and increased backward integration, including with its u...
- Lenskart IPO subscribed over 28 times on final day. Check GMP and listing detailsLenskart's Rs 7,278 crore IPO saw a strong subscription of 28.26 times, with Qualified Institutional Buyers leading the demand. Despite a s...
- Lenskart IPO Day 2: Issue subscribed nearly 2 times so far. Check GMP, brokerage reviews and key highlightsLenskart’s IPO is trading at a 21.14% grey market premium, signalling strong investor demand. The issue, open till November 4, is priced at...
- Lenskart IPO Day 1: Issue subscribed 1.13 times, retail investors bid 1.31x; check GMP trendsLenskart IPO: Lenskart's Rs 7,278 crore IPO opened today, fully subscribed by afternoon with over 10 crore bids. The omnichannel eyewear gi...
- Lenskart IPO opens: Clear opportunity or blurry bet? Check GMP, analyst calls & subscription updatesLenskart, India's top eyewear seller, has opened its Rs 7,278 crore IPO. The issue closes on November 4. Investors see potential listing ga...
- 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’s Telangana unit; CCI on Amazon, FlipkartLenskart’s largest eyewear manufacturing facility will come up in Telangana. This and more in today’s ETtech Top 5.
- Blow for Karnataka: Lenskart drops plans for Bengaluru, signs up with Telangana for Rs 1500 crore investmentTV Mohandas Pai, chairman of Aarin Capital, called the investment "another blow for Karnataka." He urged Minister M. B. Patil to act immedi...
- Lenskart signs MoU to set up new manufacturing plant in Telangana; will invest Rs 1,500 croreLenskart founder and chief executive Peyush Bansal had said in an interview earlier that the company would invest $200 million in its new m...
- ET Startup Awards 2024: Lenskart to invest $200 million in new manufacturing unit, scale up exports : CEO Peyush BansalOmnichannel eyewear brand Lenskart, which bagged the top honours at ET Startup Awards (ETSA) 2024, is witnessing stellar online growth back...
- PE fund ChrysCapital invests $100 million in eyewear retailer LenskartIn March, Abu Dhabi Investment Authority (ADIA), the Gulf Sovereign wealth fund (SWF), had invested $500 million in the company.
- ADIA signs $500 million cheque for 10% stake in Lenskart at $4.2 billion valuationThe fundraise was done at a $4.2 billion valuation and will result in ADIA becoming one of the largest shareholders in Lenskart with a 10% ...
- ADIA $350 million investment in Lenskart likely next weekOmnichannel eye retailer valued at $4.2 billion, larger capital raise will also see Chrys Capital’s $100 million cheque
- ADIA in advanced talks to invest $400 million in LenskartInvestment mostly through secondary sale of shares; small primary sale will see infusion of growth equity.
- 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...
- 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.
- ‘We turned glasses into eyewear, from a fix for a medical problem to a fashion accessory’Lenskart has 400 offline stores and allows users to do virtual eyewear trials, has a manufacturing facility, and has funding from IDG Ventu...
- Lenskart to launch IPO in 3 years, eyes Rs 600 crore business in 2017-18Lenskart expects to register 100 per cent revenue growth at around Rs 600 crore by the end of current fiscal.
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