Eyewear retailer Lenskart raises $25-M led by Epiq Capital

Delhi-based unicorn eyewear brand Lenskart has raised another USD 25 million in its ongoing Series I round led by existing investor Epiq Capital which has invested INR 190.05 crore. It has raised the new tranche at a post-money valuation of USD 4.32 Billion. Following the fresh allotment of shares, the stake of promoters in the firm has been diluted to 17.58%. Early this month, the company had raised USD 100 million from Alpha Wave Global. Lenskart has set up over 1,000 franchise stores besides its online presence.