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Hey I am on Medial • 5m
Lenskart IPO Also Coming Soon! • Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion. • In FY24, Lenskart generated ₹5,427 crores in revenue, a 23% increase from the last financial year, with a loss of 10 crores, which is fine. With a market share of 90%, Lenskart dominates the Indian eyewear sector both offline and online, and has 2,500 stores globally. • In June 2024, Lenskart also raised $200 million from Temasek and Fidelity Investments at a $6 billion valuation. • In 2025, we can expect various startup IPOs like OYO, OfBusiness, Zepto, PW (Physics Wallah), PhonePe and possibly Flipkart as well.
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