Lenskart Cruzes Into Unicorn List After Raising $231 Mn In Funding - Viral Bake
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Lenskart Cruzes Into Unicorn List After Raising $231 Mn In Funding

Delhi based eyewear startup Lenskart is raising a whopping $231 million (around ₹1,644 crore) from SoftBank Vision Fund II Lightbulb Ltd as part of its Series G round. Post the deal, the value of Lenskart hiked to $1.5 billion, thus helping it sail into the ‘unicorn’ startup club. The Faridabad-based startup also raised around $55 million from Kedaara Capital in September.

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Founded in 2010, the eyewear brand deals in eyeglasses, powered sunglasses, and contact lenses. Lenkart has a strong online and offline presence in the market and plans to take its number of stores in the country to 2,000 stores in the next five years.


Read more at Inc42


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