eCommerce
Fidelity Increases LensKart Valuation By 21% To $6.1 Bn
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SUMMARY
Fidelity gave a 22% bump to $6.1 Bn from $5 Bn in its monthly portfolio holdings update for the period ended April 30
The AMC investment firm joined the Piyush Bansal-led unicorn’s captable last year when it raised $200 Mn from Temasek and Fidelity Management & Research Company
The D2C eyewear startup attained its unicorn status back in 2019 when it raised $231 Mn from SoftBank
A fund managed by US-based financial services major Fidelity Investments has reportedly marked up the valuation of IPO-bound omnichannel…
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