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.
Cerebras Systems raises $1.1 billion in a Series G round co-led by Fidelity and Atreides Management, valuing the AI hardware company at $8.1 billion. The company plans to use the funding to expand data centers and U.S. manufacturing and advance its technology. Its AI inference cloud, launched in August 2024, is driving growth, while its IPO plans remain delayed amid regulatory review.
Sep 2025 · TechCrunchNews article
Alpha Wave Ventures
Operating Status: Operating
Miami-based financial services company, Alpha Wave Ventures, is an investment firm.