Private Equity Liquidity Events
Temasek sells 2% stake in eyewear retailer Lenskart for Rs.1,940-Cr
Source Entrackr (opens in a new tab)Mint (opens in a new tab)
Singapore-based Temasek-backed MacRitchie Investments has sold a 2.05% stake (3.56 crore shares) in omnichannel eyewear retailer Lenskart Solutions for INR 1,940 crore through open market transactions, which reduced its direct stake in the company from 4.26% to 2.21%.Post-transaction, Temasek will hold a 4.75% stake in the company through MacRitchie Investments and its affiliated entities, Jongsong Investments and V-Sciences Investments.Founded in 2010 by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi, Lenskart manufactures eyewear through in-house facilities and operates retail stores in India and international markets besides selling online.
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Temasek first invested in Lenskart in May 2021. The company went public in Oct 2025, as part of which, Temasek had made a partial exit. It subsequently sold shares in Jul 2025 and Oct 2025.For FY26, Lenskart had reported about INR 8,814 Cr in Operating Income and about INR 501 Cr in PAT.