Bansal is in talks to secure a loan of Rs 200 crore and buy shares in the eyewear startup at a valuation of $1 billion, returning to 2019 levels, sources told Moneycontrol.

Lenskart may issue shares to CEO Peyush Bansal, potentially increasing his stake by 1.5-2%. This mirrors a trend among tech firms rewarding founders before IPOs. Bansal's stake will increase at fair ...

Softbank Group Corp.-backed Lenskart Solutions Pvt, ... which would value the company at about $10 ... the company converted itself into a public limited entity as part of its IPO preparations.

Previously, Lenskart was said to eye a valuation of $7-8 Bn through its IPO. Founded in 2010, the startup is among the largest omnichannel eyewear retailers. It also has presence in Singapore, the ...

Lenskart raised $200 million (₹1,663 crore) from Temasek and Fidelity, bringing its total capital raised in 18 months to nearly $1 billion. Avendus Capital advised the funding round.

Omnichannel eyewear giant LensKart has converted into a public entity, as it lines up plans for its initial public offering (IPO).. In an extraordinary meeting called on May 30, Lenskart’s board ...

"Lenskart has done well as a company, and its numbers are good. So, its listing will be a good indicator for private investors on how to value companies, especially in pre-IPO rounds." ...