By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Lenskart Eyes $6B Valuation in Latest Investment Round
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
Marketplace

Lenskart Eyes $6B Valuation in Latest Investment Round

Nicole Kristine Jovero
Last updated: November 21, 2024 1:11 am
Nicole Kristine Jovero
Share
1 Min Read
SHARE
  • Lenskart negotiates $6B valuation through SoftBank-led investment talks
  • Company dominates Asian eyewear market through 2,000 retail locations
  • Strategic acquisitions fuel international expansion strategy

Contents
Money in SightGlobal VisionClear Future

Money in Sight

Japanese investment giant SoftBank leads discussions to inject fresh capital into Lenskart through secondary share sales.

The eyewear retailer’s valuation could jump 20% to $6 billion, marking substantial growth from its previous $4.5 billion valuation in 2022.

Global Vision

The company continues its expansion across Asia Pacific markets, leveraging its omnichannel presence through 2,000 retail stores. Their tech-driven approach revolutionizes eyewear retail by blending physical stores, digital platforms.

Clear Future

Lenskart’s impressive trajectory includes strategic acquisitions, notably Japanese eyewear maker Owndays, purchased for $400 million. The fresh capital positions them to accelerate international growth plans through 2024.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article The Real Reason Nvidia is Destroying Intel
Next Article Indonesia Poised for $88B Tokenization Market by 2030

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Gaming

Leaked GTA 6 Youtube Trailer Smashes Records

February 12, 2024
Gaming

Tencent’s Q2 Profits Soar on Gaming and Ad Resurgence

August 27, 2024
e-Commerce

Evermos Weighs US or Jakarta IPO for Social Commerce Boom

June 7, 2024
LogisticsStartups

Karzo Shifts Gears with Pre-Series A Funding, Eyes Regional Expansion

April 18, 2024
AIFAANG

Instagram Founders Shut Down AI News App Artifact After 1 Year

February 17, 2024
AI

Can AI bots disrupt Southeast Asia’s booming live streaming industry?

February 17, 2024
MediaSocial Media

YouTube Reigns Supreme in Kids’ Hearts (and Parents’ Wallets)

July 9, 2024
StartupsVC

Sri Lanka’s Startup Scene Ready to Bloom

June 17, 2024
AgTeche-Commerce

Indonesian Startup Little Joy Addresses Child Malnutrition

February 12, 2024
Startups

Greg Isenberg’s Takeaways From Reading Pinterest’s 2024 Trend Report

February 12, 2024
Fintech

South and Southeast Asia Lead the Future of Fintech Lending Growth

October 2, 2024
Proptech

Gen Z’s Latest Side Gig: Airbnb Arbitrage Millionaires

October 10, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?