Lenskart

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 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.