For the best experience use Mini app app on your smartphone
US firm ups Lenskart valuation to $6.1 bn ahead of planned IPO
short by Shristi Acharya / on 14 Jun 2025,Saturday
US-based investment firm Fidelity raised Lenskart's valuation to $6.1 billion in its latest portfolio update. This represents a 22% markup from the $5 billion valuation at which Fidelity acquired Lenskart shares in a secondary transaction in 2024. Lenskart is reportedly eyeing a public issue of over $1 billion, making it one of the largest IPOs in India's new-age consumer-tech sector.
short by Shristi Acharya / 04:03 pm on 14 Jun
For the best experience use inshorts app on your smartphone