Lenskart stake of 1.6% sold for about ₹1,896cr to institutions
Business
Lenskart just saw a 1.6% stake change hands for about ₹1,896 crore in a major block deal.
Big financial players like Societe Generale, Goldman Sachs, and BNP Paribas snapped up the shares, clearly betting on Lenskart's future growth.
Lenskart omnichannel strategy boosts investor interest
Lenskart has been mixing tech with retail smarts (think online shopping plus expanding physical stores), which has boosted its value and caught investors' eyes.
The fresh funds from this deal are expected to fuel even more growth, so industry watchers are keeping Lenskart firmly on their radar.