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...
26 Apr, 2024, 03.52 PM IST
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...
25 Apr, 2024, 06.01 AM IST
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...
14 Sep, 2023, 06.00 AM IST
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...
12 Sep, 2023, 10.11 PM IST
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...
12 Sep, 2023, 07.47 PM IST
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 ...
11 Sep, 2023, 12.52 PM IST
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.
15 Jun, 2023, 11.27 PM IST
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...
23 Feb, 2023, 07.29 AM IST
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...
10 Nov, 2022, 08.11 PM IST
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 ...
28 Oct, 2022, 06.11 AM IST
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...
04 Jul, 2022, 06.00 AM IST
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...
03 Jul, 2022, 09.30 AM IST
Lenskart acquires Japan’s Owndays in $400 million dealTogether, both brands now have an annual revenue run rate of $650 million for FY23.
30 Jun, 2022, 10.53 PM IST
Lenskart all set to close $250m roundValuation may hit $4.5-5b after financing that will include secondary share sale
30 Jun, 2022, 10.25 PM IST
ETtech Deals Digest: D2C startups steal the showNeso Brands, GreyOrange and Fashinza collectively raised over $300 million.
20 May, 2022, 06.57 PM IST
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...
16 May, 2022, 11.28 PM IST
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.
28 Jan, 2022, 04.59 PM IST