Temasek and Falcon Edge Capital co-led a late-stage round for the SoftBank-backed eyewear retailer valuing it at $2.5bn.
Lenskart, an India-based online eyewear retailer backed by internet and telecommunications group SoftBank, has raised $220m of funding at a $2.5bn valuation, TechCrunch reported today.
Singaporean state-owned investment vehicle Temasek and alternative asset manager Falcon Edge Capital co-led the round and were joined by Bay Capital and Chiratae Ventures.
Founded in 2010, Lenskart operates an e-commerce platform for eyewear products including prescription glasses, contact lenses and sunglasses. It also runs about 750 physical stores located across India and claims to…
