IDG Ventures India has returned to back an IFC-led series D round for Lenskart, the eyewear retailer that previously operated as Valyoo Technologies.
India-based eyewear retailer Lenskart Solutions has raised Rs 4bn ($60m) in a series D round featuring IDG Ventures India, the local venture capital affiliate of media company IDG, LiveMint reported today.
The round was led by International Finance Corporation, the private sector investment arm of World Bank Group, with a $25.7m commitment. The deal reportedly valued Lenskart at $240m to $255m, according to the Economic Times.
Private equity firm TPG Growth, asset management firm Adveq Management and private investors Ratan…
