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LENSKART OMNICHANNEL
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. ...
Jefferies, other top brokers raise Lenskart targets after Q4 results; here's whyLenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with revenue from operations rising nearl...
Lenskart shares rise 2% after Q4 profit slips; revenue jumps 46% YoYShares of Lenskart climbed by 2% on Thursday, despite a 9% decline in net profit for the fourth quarter. The company showcased impressive o...
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 Q4 Results: Profit falls 9% YoY to Rs 200 crore, but revenue jumps 46%Lenskart Solutions saw its net profit decrease by 9% year-on-year in the fourth quarter. However, revenue from operations surged by 46%. Th...
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...
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 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...
Lenskart IPO: Founder Peyush Bansal buys back company shares at steep discount ahead of going publicBansal, who owns a 10.3% stake in Lenskart, is also selling 20.5 million shares in the initial public offering’s (IPO) offer-for-sale compo...
Lenskart secures shareholder nod to raise Rs 2,150 crore via IPOLenskart's shareholders have approved plans for an IPO aiming to raise Rs 2,150 crore. The company is expected to file its DRHP with Sebi s...
Fidelity marks up IPO-bound Lenskart's valuation to $6.1 billionFidelity has increased Lenskart's valuation to $6.1 billion, a 21% rise from its previous $5 billion valuation. The omnichannel eyewear ret...
Lenskart becomes public limited company in preparation for IPOThe Gurugram-based omnichannel eyewear brand Lenskart closed a $200 million secondary round in June 2024 at a $5 billion valuation. Singapo...
Lenskart Peyush Bansal tells brands to prioritise customer needs over expansion across channelsSince social media and AI have made consumers more evolved and intelligent, companies should invest in product quality and durability and c...
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...
Fidelity marks up Lenskart valuation by 12% to $5.6 billionThis comes months after Fidelity, along with Singapore’s sovereign wealth fund Temasek, had invested $200 million in Lenskart through a sec...
Lenskart revenue jumps to Rs 3,788 crore in FY23; trims losses to Rs 102 croreOn a standalone basis, Lenskart has been profitable, and reported a net profit of Rs 138 crore in FY23, a 25-fold jump from the previous fi...
Lenskart acquires Japan’s Owndays in $400 million dealTogether, both brands now have an annual revenue run rate of $650 million for FY23.
Lenskart plans to hire over 2,000 people across functions by 2022Around 1,500 people will be hired to manage Lenskart stores, while more than 100 engineers will be brought on board for its technology team...
Lenskart to add 2,000 employees by 2022“We have continued to grow exponentially, in international markets as well as in India. This has opened up several job opportunities across...
Lenskart plans 300 more stores, sets up 'Vision Fund' to back startupsConsumer demand shifts online but omni-channel play remains crucial as markets open up