Tag: lenskart
Avendus set for final close of future leaders Fund-III at Rs 1,800 crore
Financial services firm Avendus Group is set to hit the final close of its third Future Leaders Fund (FLF) at around Rs 1,800 crore by…
Tech IPOs find stable ground in India’s deepening markets: B Capital
India’s IPO pricing for venture-backed companies has stabilised in recent times as the market has got deeper, propped up by domestic mutual funds, according to…
Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fund
Ankur Kathuria, senior director at Alpha Wave Global, formerly Falcon Edge, has decided to move on from the US-based investment firm, adding to an expanding…
Young, loss-making startups keep OFS portion lean as investor scrutiny grows
Young, loss-making startups preparing for initial public offerings (IPOs) are increasingly keeping the fresh issue component large to fund their growth plans as investors grow…
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end
Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…
SoftBank books 7x returns as Lenskart emerges top India bet
SoftBank has clocked about 7x returns from a partial stake sale in Lenskart, making the eyewear retailer one of the Japanese investor’s strongest shows in…
Lenskart shares fall 2% on Softbank’s Rs 2,873-crore stake sale; draws Goldman, Fidelity, others
Shares of Lenskart Solutions fell over 2% to their day’s low of Rs 505 on the BSE on Thursday after SoftBank affiliate SVF II Lightbulb…
Listed new-age companies use AI to tune their daily ops engine
Artificial intelligence (AI) is moving into everyday operating functions of India’s listed new-age companies, with latest earnings disclosures from Nykaa, Lenskart, Delhivery and Meesho showing…
Lenskart to step up AI push in FY27, targets scale-up in eye tests, automation
Eyewear retailer Lenskart said artificial intelligence will be central to its FY27 growth strategy, as the company looks to shift from being a consumer-tech company…
The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leaders
In a decisive show of conviction, domestic fund managers sharply increased their holdings across a clutch of newly listed new-age companies in the March quarter,…