Peyush Bansal’s Lenskart, which began as an online contact lens seller in 2010, is now gearing up for a Rs 8,500 crore IPO. The company has built a vertically integrated eyewear business with over ...

The decision was made at the company's annual general meeting on Saturday, where Lenskart’s shareholders cleared the proposal to raise Rs 2,150 crore (approximately $250 million) through the IPO. The ...

Bansal, who owns a 10.3% stake in Lenskart, is also selling 20.5 million shares in the initial public offering’s (IPO) offer-for-sale component. At the Rs 70,000-75,000 crore (around $8-9 billion) ...

As part of its public offering, several Lenskart investors are making partial exits, with SoftBank alone selling 2.6 crore ...

Peyush Bansal, the founder and CEO of eyewear brand Lenskart, has acquired an additional 2.5 per cent stake in the company for Rs 222 crore through a series of secondary cash transactions earlier this ...

Peyush Bansal is in talks with… According to latest reports, Peyush Bansal is in talks to secure a loan of Rs 200 crore and use the proceeds to increase his stake in the company.

The Peyush Bansal-led startup had issued 9,10,412 Series I CCPS to Epiq Capital for raising this $25 Mn (INR 190 Cr). The investment is likely to happen in three tranches in the coming weeks.

Peyush Bansal, co-founder and chief executive officer of Lenskart, has chosen to be tagged as a Promoter of the eyewear startup, a move not common with new-age company founders.

Lenskart is planning to issue additional shares to its founder and Chief Executive Officer, Peyush Bansal, which could increase his ownership stake in the company by 1.5-2%. The structured payout ...

Peyush Bansal-led LensKart slipped into the red in the financial year ending March 31, 2022. The SoftBank-backed D2C eyewear brand posted a consolidated loss of INR 102.3 Cr in FY22 against a ...

The appointment of two entrepreneurs to the board is aimed at strengthening Lenskart's governance ahead of its public listing ...

Peyush Bansal, the founder and CEO of eyewear brand Lenskart, has acquired an additional 2.5 per cent stake in the company for Rs 222 crore through a series of secondary cash transactions earlier ...