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

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

05/17/21, 2:08 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgbengaluru
Money raised
$95 million
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 Info

Company
Lenskart
Location
bengaluru, karnataka, india
Additional Info
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.