Lenskart founders Payoosh Bansal and Neha Bansal, along with co-founders Amit Chaudhuri and Sumeet Kapahi, invested $19.12 million into the company, after the eyewear retailer raised $200 million in a secondary round.

According to a Registrar of Companies filing, the board of Lenskart passed a special resolution to raise Rs 160 crore, or $19.12 million, by issuing 6.95 lakh shares at an issue price of Rs 2,300 each.

Peeyush Bansal, CEO and Judge, Shark Tank India, has invested Rs 70.7 crore for 3.07 lakh subscription shares. Co-founder Neha Bansal invested Rs 70.39 crore in exchange for 3.06 per cent of the company's shares.

Co-founders Amit Chaudhuri and Sumeet Kapahi paid Rs 9.60 crore for 41,755 shares and Rs 9.35 crore for 40,658 shares, respectively.

A month earlier, the omnichannel eyewear retailer had raised a $200 million secondary investment from Temasek and Fidelity Management and Research Company. With the secondary fundraising, the company said it has paid out $1 billion in capital over the past 18 months, valuing the company at more than $5 billion.

Prior to this, Lenskart had raised $100 million in funding from private equity firm ChrysCapital in 2022.

The Gurugram-based company reported a consolidated operating income of Rs 3,788 crore in FY2023, up from Rs 1,502 crore a year ago. During the same period, the loss was reduced from Rs 102 crore to Rs 64 crore. It logged an EBITDA of Rs 404 crore in FY2023 as compared to Rs 1 crore in the previous fiscal.

Lenskart has more than 2,500 stores, of which 2,000 are in India. The company and founders are at the core of Lenskart's global ambitions, which seeks to expand in Singapore, Dubai, the US and Southeast Asia.