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 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 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 […]
The grey market premium for shares of Lenskart Solutions Ltd. has crashed to zero ahead of listing today, even as Peyush Bansal said he didn’t build the company to reach a valuation. “We didn’t build Lenskart to reach a valuation. We built it to reach people,” Lenskart CEO Peyush Bansal says ahead of listing. (ANI) […]
Lenskart Solutions Ltd. is set to launch its IPO today amid an online debate over its valuation that’s reflecting in its grey market premium (GMP). Also in focus is co-founder Peyush Bansal, and his net worth following the IPO. Lenskart CEO Peyush Bansal. A Lenskart IPO valuation would peg the value of his stake in […]
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 […]
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’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 […]
Lenskart is India’s largest organised eyewear company, operating in a market projected to grow at a double-digit pace over the next five years. Source link
