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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.

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.

11/06/24, 5:59 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgbengaluru
Money raised
$200 million
Investors
Fidelity, Temasek
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.

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.

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