Announced
Completed
Financials
Sources
Tags
Specialty Retailers
optical retailer
optical glasses
India
Acquisition
Private
Minority
Single Bidder
Domestic
Private Equity
Completed
Friendly
Synopsis
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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