Lenskart raises $220m led by Temasek, Falcon Edge Capital at $2.5b valuation
Photo: David Travis / Unsplash.com
July 19, 2021
Omni-channel eyewear brand, Lenskart said it has raised an additional $220 million in funding led by Temasek and Falcon Edge Capital.
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Lenskart will invest up to $2m in each of the selected startups.
Existing investors TPG Growth and TR Capita will each divest a portion of their holding in Lenskart.
Lenskart has appointed SoftBank’s Sumer Juneja as a non-executive director of the company.
The fund infusion comes three months after Lenskart bagged Rs 392 crore from two entities belonging to Kedaara Capital.
