Announced
Completed
Financials
Tags
Acquisition
Private
Single Bidder
Specialty Retailers
optical retailer
optical glasses
India
Cross Border
Minority
Friendly
Private Equity
Completed
Synopsis
KKR completed the $95m investment in Lenskart, an omni-channel eyewear retailer in India. Investment firms TPG Growth and TR Capital will divest part of their stakes as part of the deal. "As a technology-driven business, Lenskart is a strong, homegrown disruptor in India’s rapidly expanding eyewear industry. We are truly excited to work with Peyush and Lenskart’s impressive management team to support Lenskart’s growth and innovation in India and internationally, in addition to advancing its mission to provide affordable, accessible eyewear products for everyone," Gaurav Trehan, KKR Partner.
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