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Lenskart Raises INR 90 Cr from Radhakishan Damani; Eyes November Listing

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SUMMARY

The investment comes about a week after it was reported that the company was close to raising INR 250-300 Cr in its pre-IPO round from Damani and SBI Mutual Fund

Sources told Inc42 that the company is also looking to cut its IPO valuation to $8 Bn from the erstwhile target of $9 Bn

Lenksart’s IPO is likely to comprise a fresh issue of shares worth INR 2,150 Cr and an offer for sale component of up to 13.2 Cr shares

IPO-bound LensKart has raised INR 90 Cr from DMart…

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