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Lenskart Gets $95 Million From Kkr At Estimated $2.5 Billion Valuation

May 17, 2021•about 4 years ago

Amount Raised

$95 Million

Bengaluru

Description

Bengaluru: Private equity firm KKR & Co. will invest $95 million in omnichannel eyewear retailer Lenskart. Existing investors—TPG Growth and TR Capital—will each divest a part of their stakes in the company as part of the secondary share sale.

Company Information

Company

Lenskart

Location

Bengaluru, Karnataka, India

About

Launched in 2010, Lenskart is now valued at $2.5 billion, according to Bansal, who said the company will use a majority of the funding to expand into Southeast Asia and Middle East.

FundzWatch™ Score

89
Medium Activity

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