Indian eyewear retailer Lenskart raises $200 mln from Temasek and Fidelity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2024
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Source: Yahoo Finance
- Lenskart Funding: Indian eyewear retailer Lenskart raised $200 million from Temasek and Fidelity Management.
- Valuation: The deal valued Lenskart at $5 billion, according to TechCrunch.
- Investors: Lenskart's investors include SoftBank, Abu Dhabi Investment Authority, Temasek, and Fidelity.
- Operations: Lenskart operates in India, Southeast Asia, and the Middle East through its website and over 2,500 stores.
- Capital Raised: Lenskart has secured nearly $1 billion in capital over the past 18 months, including the recent $200 million funding.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
