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LENSKART GLOBAL EXPANSION
Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...- 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.
- Ambani-backed robot startup seeks $100 million to lead in IndiaReliance-backed robotics startup Addverb Technologies is looking to raise over $100 million to fund expansion into humanoid robots, AI and ...
- 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...
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- 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.
- 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...
- Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
- Lenskart revenue can grow 6x in next decade, valuations look optically high: EmkayEmkay Global initiated coverage on Lenskart with a target price of Rs 525, citing strong long-term growth potential despite optically rich ...
- 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 wasn't built to chase valuations, but...': Peyush Bansal pens an emotional note ahead of listingLenskart's co-founder, Peyush Bansal, penned a heartfelt note to shareholders ahead of the company's Rs 7,278 crore IPO, valued at nearly R...
- 'Ghor Paap': Ace investor Shankar Sharma jumps into Lenskart IPO debateLenskart's IPO is sparking debate. Veteran investor Shankar Sharma calls its valuation a 'steal' compared to other tech listings. Critics q...
- 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...
- ETtech explainer: Decoding Lenskart’s draft prospectus for Rs 8,000 crore IPOLenskart’s IPO will be the biggest among new-age companies — others include Groww, Meesho and PhysicsWallah — going public this year. Howev...
- 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 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 acquires Japan’s Owndays in $400 million dealTogether, both brands now have an annual revenue run rate of $650 million for FY23.
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