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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...- ET Startup Awards 2024 | Startup of the Year: You don't need glasses to see what Lenskart did in this spaceThe ten-member jury chose Lenskart, which is currently valued at $ 5 billion, over publicly listed general insurer Go Digit in a keenly con...
- Temasek, Fidelity pick up $200 million stake in Lenskart secondary deal at $5 billion valuationSingapore's Temasek and US financial service major Fidelity invest $200 million in Lenskart through a secondary share sale, valuing the com...
- 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...
- Temasek, Fidelity may invest $200 million in Lenskart at $5 billion valuationThis round would take homegrown eyewear company Lenskart's valuation to over three times that of Warby Parker, a New York-based online reta...
- ET Startup Awards 2023: OfBusiness profits at scale to bag top prizeThe eleven-member jury chose the B2B venture, which is currently valued at about nearly $5 billion, over eyewear retailer Lenskart in a clo...
- Lenskart’s Neso Brands invests $4 million in France’s Le Petit LunetierIn a statement, Neso Brands said it has acquired a ‘significant stake’ in the French brand but did not detail the size of the stake. Source...
- Vertex Ventures closes Fund V at $541 million; Apple to sell made-in-India iPhones on launch dayTemasek-backed Vertex Ventures has raised $541 million to mark the final close of its Fund V, which will also focus on investing in women-l...
- ET Startup Awards 2023: Nominees for Startup of the YearThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the ...
- 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.
- 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...
- Lenskart FY22 revenue jumps 66% to Rs 1,502 crore, but slips into lossesLenskart’s consolidated operating revenue grew 66% to Rs 1,502 crore in the previous fiscal year (FY22). The SoftBank-backed company, howev...
- ET Startup Awards 2022: Nominees for Startup of the YearThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the ...
- 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 raises $28 million from Avendus Future Leaders Fund IIThis is part of a $200-$250 million funding round led by Alpha Wave Global that it was set to close at a valuation of $4.5-$5 billion, ET h...
- Lenskart acquires Japan’s Owndays in $400 million dealTogether, both brands now have an annual revenue run rate of $650 million for FY23.
- Lenskart all set to close $250m roundValuation may hit $4.5-5b after financing that will include secondary share sale
- ETtech Deals Digest: D2C startups steal the showNeso Brands, GreyOrange and Fashinza collectively raised over $300 million.
- Lenskart’s subsidiary Neso Brands raises over $100 millionSingapore-based Neso Brands said it would partner with and invest in consumer eyewear brands globally and grow them by leveraging synergies...
- 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.
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