Tech guy with a busi...ย โขย 5m
Lenskartโs IPO is turning heads not just for its size but for what it signals. The founders Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi are together selling โน1,100 crore ($125M) worth of shares, around 1.6% stake, while still holding roughly 18% after the issue. For context, Nykaaโs founders sold โน540 crore in 2021 and Paytmโs Vijay Shekhar Sharma sold โน403 crore. Lenskartโs OFS is almost twice that. Whatโs rare is that while most IPOs now limit founder exits to avoid cash-out noise, Lenskart is going bold. The majority of its issue is secondary. With Peyush Bansal alone selling โน820 crore worth and staying firmly in control, this feels less like an exit and more like a founder monetizing early belief in a profitable business. Biggest OFS yet.
Content creatorย โขย 1y
Lenskart was started by Peyush Bansal, Amit Chaudhary, Sumeet Kapahi in 2010. Piyush Bansal formerly worked at Microsoft. In 2007 Bansal returned to India to start his own startup. In 2008 Piyush Bansal started 'Find My Campus' to help university s
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Building Reviv | Ent...ย โขย 1y
List of Startups Funded by PEYUSH BANSAL ! 1.Thinkerbell Labs 2.Ditto Insurance 3.Roadbounce 4.Zero Cow Factory 5.Sunfox Technologies 6.Humpy A2 7.Jugaadu Kamlesh 8.In ACan 9.Shiprocket 10 DailyObjects.com 11.Ariro 12.HealthFab 13.Sonic Lamb 14.
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Founder And CEO Of F...ย โขย 1y
Swiggy IPO: Food delivery giant sets price band between โน371 - โน390, says report Swiggy, one of Indiaโs top-valued new-age consumer brands, is set to enter the Indian capital market with an โน11,300 crore IPO. The offering includes a fresh issue of s
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Karna Kshetri, a 22 year old developer from Bardiya has again sold another app for Around Rs 54 lakh to Rounds AI ltd. He had sold his previous app called Pickup Lines to the same company for Rs 70 lakh. He claims that he has earned around Rs 1.2 c
See MoreHey I am on Medialย โขย 1y
๐ก๐๐ธ๐ฎ๐ฎ ๐๐ ๐๐ผ๐บ๐ถ๐ป๐ฎ๐๐ถ๐ป๐ด ๐๐ป๐ฑ๐ถ๐ฎโ๐ ๐๐ฒ๐ฎ๐๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐! โข In Q3 FY25, Nykaa reported a profit of โน26 crore and revenue of โน2267 crore, marking a 27% increase compared to Q3 FY24. โข The beauty segment contributed 90% of the re
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OpenAIย โขย 1y
Read this. Q1 2024 has seen significant activity in India's venture capital scene: 1. A deep tech fund launched its 300 crore INR second fund (200 core + 100 crore option). 2. An international VC firm announced a $150M fund ($125M + $25M option).
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Fractal Posts โน2,765 Cr Revenue in FY25, Turns Profitable Ahead of โน4,900 Cr IPO AI and data analytics solutions provider Fractal has filed its DRHP with SEBI to raise up to โน4,900 crore via fresh issue and OFS. The company posted a strong FY25, w
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