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Lenskart: Temasek, Fidelity may invest $200 million in Lenskart at $5 billion valuation

This round would take homegrown eyewear company Lenskarts valuation to over three times that of Warby Parker, a New York-based online retailer for spectacles and contact lens. Warby Parker listed on the NYSE late in 2022 and has a market capitalisation of around $1.55 billion.
Abu Dhabi Abuz Aby United Arab Emirates France General Le Petit Lunetier Peyush Bansal

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private equity fund: Kedaara Capital closes largest India PE fund at $1.74 billion

Kedaara Capital has closed its $1.73 billion fund, Kedaara IV, the largest fund raised by an India private equity fund in 12 years. The fund, which will be its fourth in 12 years, was raised in just four months beginning last December and would even surpass Chrys Caps $1.3 billion Fund IX raised in 2023. Around 85% of Kedaaras new fund was raised from existing backers, including the three of the largest Canadian pension funds – CPPIB, CDPQ, and Ontario Teachers Pension Plan (OTPP).
Saudi Arabia United States Manish Kejriwal Vishal Megamart Sunish Sharma Nishant Sharma

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