Lenskart shares recover from a weak IPO debut to close at ₹404.55, just above the ₹402 offer price, valuing the Indian eyewear retailer at about ₹702 billion ($8 billion). Its ₹72.8 billion ($821 million) offering draws bids for about 28 times the available shares. For fiscal 2025, Lenskart reports revenue growth of 23% and a net profit that includes a one-time accounting gain tied to its Owndays acquisition.
Nov 2025 · TechCrunchNews article
ADIA invests $500 million in Lenskart
Lenskart agrees to raise $500 million from the Abu Dhabi Investment Authority (ADIA) in an extension of its previous round. The investment includes secondary share purchases and preserves the eyewear retailer’s $4.5 billion valuation. Lenskart operates in India, Southeast Asia and the Middle East, selling online and through more than 2,000 stores, and plans to manufacture 20 million pairs of glasses next year.