Lenskart Founder Peyush Bansal Poised to Increase Stake Ahead of Mega IPO

Lenskart Founder Peyush Bansal Poised to Increase Stake Ahead of Mega IPO

Lenskart's founder, Peyush Bansal, plans to increase his stake pre-IPO, a trend among Indian tech founders. This move, ahead of a potential $8-10 billion IPO, aims to solidify ownership after past dilution and follows Lenskart's strong FY24 performance, showcasing improved profitability and sales growth.

Fidelity Boosts Lenskart's Valuation to $6.1 Billion, Signaling Strong Pre-IPO Momentum

Fidelity Boosts Lenskart's Valuation to $6.1 Billion, Signaling Strong Pre-IPO Momentum

Fidelity has boosted Lenskart's valuation to a staggering $6.1 billion, a 21% jump! This significant mark-up signals strong investor confidence as the eyewear giant eyes a potential $1 billion IPO at a $10 billion valuation. Lenskart's financial performance is soaring, paving the way for a landmark public debut.