Try GOLD - Free
Radhakishan Damani invests ₹90 cr in Lenskart ahead of public offer
The New Indian Express Anantapur
|October 25, 2025
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
This story is from the October 25, 2025 edition of The New Indian Express Anantapur.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Anantapur
The New Indian Express Anantapur
Looking Backward, Moving Forward
Yesterday, I did something uncharacteristic. Stepping away from the familiar bustle of London, I wandered into Rotherhithe. In the churchyard of St. Mary’s, I encountered a statue that made me stop in awe.
2 mins
October 26, 2025
The New Indian Express Anantapur
'We All Belong to the Same Roots'
Filmmaker Rishab Shetty speaks to Shama Bhagat about the grand prequel, Kantara Chapter 1, and what it's like to wear many creative hats
3 mins
October 26, 2025
The New Indian Express Anantapur
Link between diabetes & brain health under lens
IT isa known fact that diabetes affects multiple body parts, including the heart, kidneys, eyes, nerves, and feet. But does it influence cognitive decline and neurological diseases, including dementia and Alzheimer’s disease?
2 mins
October 26, 2025
The New Indian Express Anantapur
Pakistan's total public debt 13% higher than last year
PAKISTAN’S total public debt reached USD 286.832 billion as of June 2025, which is almost 13 per cent higher than the previous year, according to the official data.
1 min
October 26, 2025
The New Indian Express Anantapur
Star Trek
India's fascination with the stars continues to inspire curiosity and exploration
1 min
October 26, 2025
The New Indian Express Anantapur
His Second Shot
Nishil Sheth reflects on his inspiring journey from working in independent cinema to making his OTT debut with 13th
2 mins
October 26, 2025
The New Indian Express Anantapur
C’GARH PLANS TO MAKE INTEGRATED CAPITAL REGION LINKING 4 CITIES
THE BJP-ruled Chhattisgarh government will venture into the major development plan next month, creating the State Capital Region (SCR) after Governor Ramen Deka approved a bill passed during the last monsoon session in the Assembly.
1 min
October 26, 2025
The New Indian Express Anantapur
Satish Shah of ‘Jaane Bhi Do Yaaro’ fame dies of kidney ailments at 74
ETERAN actor Satish Shah, known for his comedy performances in films and television, passed away due to kidney-related complications in Mumbai. He was 74.
1 mins
October 26, 2025
The New Indian Express Anantapur
The Forgotten Leader
Jaipal Singh Munda was one of the most prolific figures in Indian political and sports history.
2 mins
October 26, 2025
The New Indian Express Anantapur
Decision to invest in Adani Group companies taken independently: LIC
LIFE Insurance Corporation of India (LIC) on Saturday denied all allegations of infusing money into the Adani Group, as reported by The Washington Post.
1 min
October 26, 2025
Listen
Translate
Change font size

