Lenskart gears up for IPO, aims to raise up to $1 bn from investors

Quick Summary:

Lenskart's revenue from operations rose by 43 per cent to Rs 5,427.

Recently, it was reported that Lenskart's valuation could rise by 20 per cent to $6 billion if discussions for a $200–300 million secondary share sale go through.

Over the past two years, Lenskart has attracted nearly $1 billion in capital, making it one of the largest growth-stage financings globally.

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Category: BusinessFinance

Markets: IndiaJapanSingaporeUnited States

Topics: Eyewear startup Upcoming IPO Upcoming ipo in 2025 Lenskart IPO in 2025 Upcoming Lenskart IPO Lenskart IPO IPO news Initial public offering Startups Lenskart

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 21:06:35 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 25002729

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