Announced
Completed
Financials
Sources
Tags
Single Bidder
Private
Acquisition
Completed
Friendly
Private Equity
Minority
Cross Border
Specialty Retailers
optical retailer
optical glasses
India
Venture Capital
Synopsis
Temasek, the sovereign wealth fund of Singapore, and Falcon Edge Capital, an investment company in New York City, led a $220m funding round in Lenskart, the omni-channel D2C eyewear brand and a unicorn startup. Additional investors include Bay Capital Investment Partners and Chiratae Ventures. The startup said it will use this funding round to expand its presence in India as well as to scale its operations in Southeast Asia and Middle East. It aims to leverage the expertise and network of Temasek and Falcon Edge in these respective geographies.
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