Lenskart Solutions, a leading Indian eyewear retailer, is preparing to unveil its Initial Public Offering (IPO) this week. The company is targeting a valuation of approximately 695 billion rupees, which equates to around $7.91 billion. Details of the IPO…
India’s leading eyewear retailer, Lenskart, has recently submitted an application for an initial public offering (IPO), aiming to issue fresh shares valued at US$247.6 million as outlined in their draft prospectus. Major Shareholders Selling Shares The firm’s…
India-based eyewear retailer Lenskart plans to open stores in Thailand and the Philippines to expand in Southeast Asia. “We’re looking at opening 300 to 400 stores in southeast Asia in the next two years. Initially, we go slow, but we like to go deep,” Peyush…
India’s largest eyewear retailer Lenskart is buying an approximately 75% stake in Japanese eyewear chain Owndays. Lenskart will acquire all the shares held by a joint venture between an investment company affiliated with LVMH Moet Hennessy Louis Vuitton and a…
Neso Brands, a subsidiary of eyewear manufacturer Lenskart, has raised $100 million in a seed funding round, which will enable the firm to create a house of brands catering to the global market. The company did not divulge the details of the investors…
Indian omni-channel eyewear retailer Lenskart has raised an investment of US$275 million from SoftBank Vision Fund. Several of the firm’s existing investors sold their stake in the business during the latest Series-G financing round. The new funding has…