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Temasek and Fidelity completed a $200m investment in Lenskart.

Synopsis

Temasek, a global investment company, and Fidelity, an American multinational financial services corporation, completed a $200m investment in Lenskart, an Indian eyewear retailer. Lenskart has been able to keep prices low by bringing greater efficiency to the sector, Bansal told TechCrunch in an earlier interview. The startup manufactures its own glasses and contact lenses, and has the exclusive licensing rights for many global eyewear technologies in India.

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