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Radhakishan Damani invests ₹90 cr in Lenskart ahead of public offer
October 25, 2025
|The New Indian Express Vellore
BILLIONAIRE investor and the founder of Avenue Supermarts (DMart) Radhakishan Damanihas invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round, according to sources aware of the development.
The investment comes ahead of Lenskart's much-awaited IPO which is expected to open for public subscription next week. The eyewear brand is looking to raise 2,150 crore through fresh issuance of equity shares; besides, promoters and investors would offload 13.22 crore equity shares, according to the Draft Red Herring Prospectus (DRHP). As a part of the OFS, promoters Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi; and investors SVF II Lightbulb (Cayman) Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, PI Opportunities Fu
هذه القصة من طبعة October 25, 2025 من The New Indian Express Vellore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Vellore
The New Indian Express Vellore
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2 mins
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13 foreign nationals among 20 held as cops raid Gujarat rave party
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1 mins
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Looking Backward, Moving Forward
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Print media ad rates may go up by 27%, notification after Bihar polls
'Television rating system will also be improved'
2 mins
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1 held for Maha doctor rape, cop on run
Accused sent to police custody till October 28
1 mins
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The New Indian Express Vellore
THE DIPLOMATIC DANCE OF AVOIDANCE
N the glittering corridors of Kuala Lumpur’s convention centres, where Southeast Asia’s leaders will converge to chart a multipolar future, an empty chair will speak volumes. Prime Minister Narendra Modi—the indefatigable globetrotter who has crisscrossed continents to etch India’s imprint on the world—will address the 47th ASEAN Summit and the 22nd ASEAN-India Summit virtually.
4 mins
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The New Indian Express Vellore
Link between diabetes & brain health under lens
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2 mins
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