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Announced

Completed

Temasek and Falcon Edge Capital led a $220m funding round in Lenskart.

Financials

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Transaction Value£160m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Private

Acquisition

Completed

Friendly

Private Equity

Minority

Cross Border

Specialty Retailers

optical retailer

optical glasses

India

Venture Capital

Synopsis

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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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