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Reading: Lenskart Eyes $6B Valuation in Latest Investment Round
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Lenskart Eyes $6B Valuation in Latest Investment Round

Nicole Kristine Jovero
Last updated: November 21, 2024 1:11 am
Nicole Kristine Jovero
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1 Min Read
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  • 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.

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