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New Deal


Announced

Completed

ChrysCapital completed the $100m investment in Lenskart.

Financials

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Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Specialty Retailers

optical retailer

optical glasses

India

Acquisition

Private

Minority

Single Bidder

Domestic

Private Equity

Completed

Friendly

Synopsis

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ChrysCapital, a private equity firm, completed the $100m investment in Lenskart, an eyewear startup. “ChrysCapital is one of the most esteemed Indian equity partners, and it is my privilege to have them by our side. Incidences of myopia are rapidly growing globally, especially in Asia, including India, with big unsolved problems of access, affordability, and awareness. We believe that with the help of technology, customer centricity, and big investments in supply chain and talent, we can eradicate the problem of vision correction,” Peyush Bansal, Lenskart Founder and CEO.

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