The eyewear e-commerce platform could potentially be valued at $1.3bn in a prospective deal that would give SoftBank Vision Fund a 27% stake.
Telecommunications group SoftBank’s Vision Fund has entered talks to invest $350m in India-based online eyewear retailer Lenskart, the Economic Times reported yesterday, citing two people with knowledge of the matter.
Founded as multichannel e-commerce company Valyoo Technologies, Lenskart sells eyewear, predominantly through an online platform, though it has opened a range of brick-and-mortar stores in India.
The company has begun moving into international markets beginning with Singapore where it plans to open upwards of 50 stores in the next three…
