Omni-channel D2C eyewear brand Lenskart has announced that it has raised $220 million in the latest funding round co-led by Temasek Holdings, a Singapore-based sovereign wealth fund and Falcon Edge Capital. With this round, the eyewear brand is now valued at $2.5 billion. Speaking on the announcement, Founder Peyush Bansal said, “Every vertical from apparel to footwear,…
Tag: Omni-channel eyewear
KKR invests US$95 Million in Lenskart
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•Lenskart, an omni-channel eyewear retailer in India, and KKR, a global investment firm, has announced the signing of definitive agreements under which KKR will invest US$95 million in Lenskart via a secondary stake acquisition. Upon the completion of the transaction, KKR will look to leverage its experience working with technology and eyewear companies globally to…