Lenskart raised $200 million in a secondary transaction led by Temasek and Fidelity, marking its valuation at $5.6 billion and supporting its expansion efforts.
Nov 06, 2024•8 months ago
Amount Raised
$200 Million
Investors
FidelityTemasek
Description
Earlier this year, Lenskart raised $200 million in a secondary transaction. This round was led by Singapore's state-owned investment firm Temasek and Fidelity, marking a significant increase in the company's valuation.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech