{"id":8327,"date":"2025-10-24T17:53:55","date_gmt":"2025-10-24T17:53:55","guid":{"rendered":"https:\/\/entestartup.com\/?p=8327"},"modified":"2025-10-24T17:53:57","modified_gmt":"2025-10-24T17:53:57","slug":"radhakishan-damani-invests-rs-90-crore-in-lenskart-ahead-of-ipo","status":"publish","type":"post","link":"https:\/\/entestartup.com\/en\/radhakishan-damani-invests-rs-90-crore-in-lenskart-ahead-of-ipo\/","title":{"rendered":"Radhakishan Damani invests Rs 90 crore in Lenskart ahead of IPO"},"content":{"rendered":"
Dmart founder and investor Radhakishan Damani has invested Rs 90 crore in Lenskart ahead of its initial public offering, expected to start next week. The eyewear company plans to raise Rs 2,150 crore through fresh shares, while promoters and investors will sell 13.22 crore shares as part of the offer for sale.<\/p>\n\n\n\n
Lenskart will use the IPO funds to open new company-owned stores, pay for leases and rentals, invest in technology and marketing, support future acquisitions and business growth, strengthen its presence and improve customer experience.<\/p>\n\n\n\n
Founded in 2008 by Piyush Bansal, Lenskart started as an online eyewear platform and later expanded into retail stores. It now operates internationally in major Indian cities, Southeast Asia, and the Middle East, offering affordable and stylish eyeglasses, sunglasses, and contact lenses.<\/p>","protected":false},"excerpt":{"rendered":"
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