Peyush Bansal
Lenskart Introduces Spanish Eyewear Brand Meller to Indian Market
The addition of Meller builds on the success of Lenskart backed labels such as John Jacobs and the Japanese brand Owndays.
Lenskart's Muted Listing, Early-Investor Gains and Market Caution Over Lofty Valuations
Despite the company boasting a strong market presence, with technology-backed manufacturing and fulfillment facilities in full swing, the muted company listing did not come as a surprise for many market experts, who had earlier expressed concerns over over-valuation and leaving little room for listing gains.
Lenskart Raises INR 3,268 Cr from Anchor Investors Ahead of IPO
The company, backed by Premji Invest, allotted 8.13 crore equity shares at INR 402 per share, which is the upper end of the price band.
Lenskart IPO to Open on October 31
The subscription for anchor investors will open a day earlier, on October 30.
Lenskart Secures INR 90 Cr from DMart Founder Radhakishan Damani Before Public Issue
The investment comes as the eyewear retailer prepares for its maiden public issue, which is expected to open for subscription next week.
Lenskart Bets Big on Smart Glasses with Investment in Ajna Lens
This partnership aims to fuse Lenskart's strength in eyewear design and technology-first approach with Ajna's deep-tech expertise.
From Fintech to Wellness: Top Startup Funding Stories of the Week (Feb 01–07)
Indian startups continue to attract significant funding, with innovative solutions across sectors. Here's a look at the top funding deals of the week:
Rapture Innovation Labs Eyes Global Expansion with Peyush Bansal's Backing
The company's pitch on Shark Tank India earned offers from three Sharks, with Peyush Bansal clinching the deal.
HairOriginals Secures USD 5 Mn in Series A Funding to Expand Global Footprint
The fresh capital will be deployed to expand the startup's on-demand "Try at Home" services to 40 cities, bolster research and development (R&D), and establish 25–30 company-owned experience centers within the next year.
Lenskart to Establish Largest Eyewear Manufacturing Facility in Telangana with INR 1,500 Cr Investment
The project is expected to generate around 2,100 jobs, with discussions underway for an additional R&D center.
Temasek and Fidelity Fuel Lenskart with USD 200 Mn Investment
The Gurugram-based eyewear brand received a USD 100 million investment last year from a private equity group, ChrysCapital.
AI-Based Employee Background Verification Startup TraqCheck Raises Funding from Caret Capital and Peyush Bansal
Through increasing recruiting speed, cost effectiveness, and accuracy, the Delhi-based platform hopes to innovate the background verification market by utilising the raised funds to advance and integrate new AI technologies.