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Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely sellerEyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through ...
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...
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...
Three suitors place binding bids for Haldiram after Alpha Wave Global looks to bite into $1.5 bn plus stakeAlpha Wave Global has offered over $1 billion for a minority stake in Haldiram Snacks Food, joining competing bids from Blackstone and Bain...
Lenskart sets sights on round at $6 billion valuationLenskart secured $200 million from Fidelity and Temasek at a $5 billion valuation in its previous secondary fundraise. Even during the fund...
Exclusive: Lenskart, Purplle, Healthkart may raise fresh funds as big-ticket startup deals gain momentumBig-ticket investments on horizon for companies that have emerged stronger after Covid. Indian startup sector witnesses a resurgence in big...
ADIA, HarbourVest eye minor stake in CohanceADIA and HarbourVest are in discussions to acquire a minority stake in Cohance Lifesciences, a pharmaceuticals platform owned by Advent Int...
ETtech Deals Digest: Startups raise $5.5 billion in first six months of 2023, down 72% YoYThe funding landscape for startups witnessed a 72% drop compared to the previous year. In H1 2022, $19.5 billion was raised across 1,576 fu...
Secondary sales heat up startup funding winter, and other top tech stories this weekNew capital — in primary funding — is increasingly hard to come by due to a host of reasons, including global macroeconomic conditions and ...
ETtech Deals Digest: Indian startups raise $174 million this week, boosted by investment in LenskartFunding activity in Indian startups declined 83% from the same period last year, when companies had raised $1.05 billion across 60 rounds. ...
Foxconn may set up EV factory in India this year; ChrysCapital invests $100 million in LenskartEnding the week with a bang (and not a whimper) is this big piece of news: iPhone maker Foxconn is in talks with some Indian states to set ...
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.
Lenskart bags $100 million from ChrysCapital; CCI challenges parts of NCLAT order on GoogleAfter having secured $500 million from Abu Dhabi Investment Authority (ADIA), the Gulf Sovereign wealth fund (SWF) in March, eyewear startu...
ETtech Deals Digest: Late-stage rounds in Lenskart, PhonePe take March funding for Indian startups to $1.14 billionCompared to February, startups raised 38% more against $832 million that they picked up across 89 rounds.
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
India will pip China as largest international market for Walmart this year; Disney+ Hotstar to suffer without HBO contentWalmart has been operating in China since 1996 but for the first time India is poised to emerge as the largest international market for the...
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...
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.
New EV certification rules create backlog; top automakers turn to India for engineersThe government’s recent amendment is being implemented in two phases - the first from December 1 and the second from April 1, 2023. The fir...