Anupam Mittal’s Shaadi.com is said to consider IPO, after Peyush Bansal’s Lenskart| Business News

People Interactive India Pvt. Ltd., the operator of Shaadi.com, is preparing for an initial public offering, as Founder CEO Anupam Mittal looks to join fellow “Shark” Peyush Bansal (Lenskart Solutions Ltd.) at the Dalal Street. Anupam Mittal, founder and CEO of Shaadi.com and Shark Tank India judge. (HT) The matrimonial website has held IPO discussions […]

Lenskart ties up with Labubu maker Pop Mart to bolster its global ‘House of Brands’ strategy| Business News

Lenskart Solutions Ltd. has tied up with Labubu maker Pop Mart to strengthen its global “House of Brands” strategy that also includes Barcelona’s Meller brand of sunglasses acquired earlier this year. Peyush Bansal, chief executive officer of Lenskart Solutions. (Bloomberg) The ‘Pop Mart X Lenskart’ eyewear collection will launch in Singapore—online and in select stores—in […]

Lenskart share price drops over 10% in tepid listing over valuation concerns| Business News

Lenskart Solutions Ltd. listed at a discount today, underscoring investor concerns over the pricey valuations of India’s largest organised eyewear maker. “We didn’t build Lenskart to reach a valuation. We built it to reach people,” Lenskart CEO Peyush Bansal says ahead of listing. (ANI) The Lenskart share price fell as much as 11.51% from its […]

Lenskart IPO priced for $8-billion valuation as Peyush Bansal nears $1-billion net worth| Business News

Lenskart Solutions Pvt. Ltd. is seeking a valuation of up to $8 billion in an IPO that will potentially make its co-founder Peyush Bansal a billionaire. As of March, Lenskart operated 2,723 stores—across India and in markets such as the Middle East and Southeast Asia. (Company Website) India’s largest organised eyewear retailer will issue shares […]

Lenskart IPO gets ₹90-crore nod of approval from DMart’s Radhakishan Damani| Business News

Radhakishan Damani, billionaire investor and founder of Avenue Supermarts Ltd. (DMart) has invested about ₹90 crore in Lenskart Solutions Pvt. Ltd. ahead of an IPO, PTI reported on Friday citing sources. As of March, Lenskart operated 2,723 stores—across India and in markets such as the Middle East and Southeast Asia. (Company Website) The Lenskart IPO, […]

Peyush Bansal nears billion-dollar net worth with upcoming Lenskart IPO| Business News

Peyush Bansal’s net worth could rise to $1 billion with Lenskart IPO planned for next month, Bloomberg reported on Friday, underscoring wealth creation by new-age startups in the world’s third-largest stock market. Peyush Bansal is one of the sharks on Shark Tank India. (HT) Lenskart Solutions Pvt. Ltd., the biggest eyewear retailer in the world’s […]