Temasek and Fidelity value Lenskart at $5 billion in $200 million stake purchase

Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear startup Lenskart, financial advisor Avendus said in a statement Monday. The transaction valued Lenskart, which leads the Indian market and is increasingly expanding overseas, at $5 billion, the startup’s founder and chief executive Peyush Bansal told TechCrunch in a text message. Temasek is […] © 2024 TechCrunch. All rights reserved. For personal use only.

Jun 3, 2024 - 13:10

Temasek and Fidelity value Lenskart at $5 billion in $200 million stake purchase

Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear startup Lenskart, financial advisor Avendus said in a statement Monday. The transaction valued Lenskart, which leads the Indian market and is increasingly expanding overseas, at $5 billion, the startup’s founder and chief executive Peyush Bansal told TechCrunch in a text message. Temasek is […]