Archive · 28 Jul 2025
Lenskart Plans $1 Billion IPO
Lenskart, an eyewear company supported by SoftBank and other investors, is preparing to sell shares to the public through an IPO.
They plan to file the paperwork as early as this week, aiming to raise about $1 billion.
The IPO is happening as Indian tech companies increasingly choose to list their shares locally.
Lenskart recently secured $200 million, valuing the company at $5 billion.
Lenskart, backed by SoftBank, plans a $1 billion IPO.
The eyewear retailer is finalizing its valuation.
Global investors such as Abu Dhabi Investment Authority and KKR are also backers.
Lenskart raised $200 million in June 2024, valuing the company at $5 billion.
The IPO is part of a trend of Indian tech startups listing locally.
- Who
- Lenskart, an eyewear retailer backed by SoftBank.
- What
- Lenskart plans to file for a $1 billion IPO.
- When
- As early as this week.
- Where
- India.
- Why
- To raise capital through an IPO.
Investors
Company
Share Sale
Investors
Investors will sell their shares as part of the IPO
Company
Lenskart is preparing to raise capital via IPO
- IPO Size (approx.)
- $1 billion
- Backers
- SoftBank, Abu Dhabi Investment Authority, KKR & Co., TPG Inc.
- Recent Valuation
- $5 billion (June 2024)
- Recent Funding
- $200 million (June 2024)
Sources
Lenskart files to raise ₹2,150 crore ahead of IPO; targets $8 billion valuation
Lenskart receives shareholder nod to raise ₹2,150 crore via IPO: Report
Lenskart Gets Shareholders Nod To Raise INR 2,150 Cr Via IPO
Lenskart IPO: SoftBank-backed company plans to file DRHP for $1 billion IPO this week
