Temasek and US-based Fidelity have acquired shares worth $200 million in Indian eyewear startup Lenskart in a massive secondary sale. This transaction values Lenskart at $5 billion. The purchase follows a previous sale where Softbank and other investors sold shares worth $450 million in 2023. The financial advisory firm Avendus confirmed the transaction. Fidelity is a new investor in this round.
IPO-bound Lenskart nets $200m from Temasek, Fidelity at $5b valuation https://t.co/77aPrzoFk3
Lenskart raises $200 million in secondary round from Temasek, Fidelity https://t.co/GxEMdkWeE7
Temasek and Fidelity buy $200 million stake in India’s Lenskart: https://t.co/GppCF9WccN by TechCrunch #infosec #cybersecurity #technology #news
Temasek and Fidelity value Lenskart at $5 billion in $200 million stake purchase: Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear startup Lenskart, financial advisor Avendus said in a statement Monday. … https://t.co/A9zdCeDlnI #AI #AInews #AItips
Temasek and Fidelity buy $200 million stake in India’s Lenskart https://t.co/umh3u4JOOH
Confirmed: Lenskart closes $200M funding from Temasek and new investor US Fidelity. https://t.co/1Q1zHUfzGx
🚨 Lenskart's massive secondary sale Now, Singapore's Temasek and US-based Fidelity have picked up shares worth $200 million This comes after Softbank and other investors sold shares worth $450 million in 2023 https://t.co/JzRbVNsSEW
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