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Pvt equity investor KKR invests $95 million in Lenskart

Pvt equity investor KKR invests $95 million in Lenskart
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IANS
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Lenskart acquihires DailyJoy, to hire over 100 in 6 months.. Image Source: IANS News
New Delhi, May 17 : Lenskart, an omni-channel eyewear retailer in India, and KKR, a global investment firm, on Monday announced the signing of definitive agreements under which KKR will invest $95 million in Lenskart via a secondary stake acquisition.
Upon the completion of the transaction, KKR will look to leverage its experience working with leading technology and eyewear companies globally to support Lenskart in expanding its presence in India, scaling its growing operations overseas, and enhancing its digital offerings to augment customers virtual and omni-store experience. ....

New Delhi , Gaurav Trehan , Peyush Bansal , National Vision , Southeast Asia , Walnut Programming , புதியது டெல்ஹி , கௌராவ் திர்ேன் , தேசிய பார்வை , தென்கிழக்கு ஆசியா ,

Global firm KKR invests USD 95 mn in Lenskart

Global firm KKR invests USD 95 mn in Lenskart
According to reports, KKR s investment is part of a larger USD 300-million round. However, the companies did not comment on the report and if other investors have participated in the round.
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By PTI
New Delhi: Lenskart on Monday said global investment firm KKR will invest USD 95 million (about Rs 695.8 crore) in the omni-channel eyewear retailer via a secondary stake acquisition.
As part of the transaction, existing investors - TPG Growth and TR Capital - will each divest a portion of their holding in Lenskart, a statement said. ....

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KKR Invests US$95 million in Lenskart

KKR Invests US$95 million in Lenskart
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Gaurav Trehan , Peyush Bansal , Lenskart Airflex , National Vision , Lenskart The Company , Southeast Asia , Walnut Programming , கௌராவ் திர்ேன் , தேசிய பார்வை , தென்கிழக்கு ஆசியா ,

KKR invests $95 million in eyewear retailer Lenskart

KKR invests $95 million in eyewear retailer Lenskart
© Provided by The Times of India
NEW DELHI: Eyewear retailer Lenskart on Monday said it is raising $95 million from global investment company, KKR through a secondary stake sale.
Existing investors TPG Growth and TR Capital, who first invested in Lenskart in 2014, will each divest a portion of their holding in the company as part of the transaction.
Lenskart, which was launched in 2020, will use the funds to expand its presence in India, scale up its overseas operations and enhance its digital offerings to augment customers’ virtual and omni-store experience.
“More than 600 million people in India and 4.5 billion people globally need vision correction, but only a fraction of them use it due to a lack of access, awareness, and high-quality, affordable solutions,” said Peyush Bansal, CEO at Lenskart. ....

Peyush Bansal , National Vision , Lenskart Solutions , Walnut Programming , தேசிய பார்வை , லென்ஸ் கார்ட் தீர்வுகள் ,

KKR invests USD 95 mn in Lenskart

KKR invests USD 95 mn in Lenskart
KKR invests USD 95 mn in Lenskart
NEW DELHI, May 17: Lenskart on Monday said global investment firm KKR will invest USD 95 million (about Rs 695.8 crore) in the omni-channel eyewear retailer via a secondary stake acquisition.
As part of the transaction, existing investors – TPG Growth and TR Capital – will each divest a portion of their holding in Lenskart, a statement said.
These entities had invested in Lenskart in late 2014.
Upon the completion of the transaction, KKR will look to leverage its experience working with leading technology and eyewear companies globally to support Lenskart in expanding its presence in India, scaling its growing operations overseas, and enhancing its digital offerings to augment customers’ virtual and omni-store experience, the statement said. ....

Gaurav Trehan , Peyush Bansal , Ratan Tata , Softbank Vision Fund , National Vision , World Bank , Walnut Programming , Softbank Vision , Unilazer Ventures , கௌராவ் திர்ேன் , ரட்ன் டாடா , சாப்ட் பேங்க் பார்வை நிதி , தேசிய பார்வை , உலகம் வங்கி , சாப்ட் பேங்க் பார்வை ,