Fund News
Eyewear unicorn Lenskart raises $28-M from Avendus
IPO-bound eyewear unicorn Lenskart is raising close to USD 28.2 million (INR 219.9 crore) from Avendus Future Leaders Fund II. Lenskart claims to serve more than 7 million customers annually through its omnichannel shopping experience, which spans online, mobile applications, and more than 750 stores in 175 cities across the country.
From the Venture Intelligence PE-VC Deal Database: Between Oct-2011 and Apr-2022, Lenskart had raised over USD 1 Billion from Alpha Wave Global, Chiratae Ventures, KKR, Bay Capital Investments, Alpha Wave Global, Temasek, SoftBank Corp, Kedaara Capital, TR Capital, Epiq Capital, Steadview Capital, Unilazer Ventures, PremjiInvest, IFC, TPG Growth, Kris Gopalakrishnan, Ratan Tata, TPG Growth and TR Capital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
Want to receive such news items in your inbox? Click Here to sign up for a trial.
