Friday, 24 March, 2023

Lenskart valuation hit $2.5 bn

<p>Lenskart has closed its latest round of funding with $220 mn at a valuation of $2.5bn. The eyewear retailer will use fresh funds to expand into Southeast Asia and the Middle East. The largest investor in Lenskart is SoftBank with a 20% stake. Lenskart is aiming to be the top eyewear retailer in Singapore in the next 12-18 months. The company plans to raise a total of $315 mn of funding before going public.</p> <p>&nbsp;</p> <p>&nbsp;</p>