SoftBank-backed Lenskart raises US$220mil as India tech surges in popularity


Lenskart, an online retailer for eyewear, raised US$220mil (RM927.96mil) from investors including Temasek Holdings Pte

MUMBAI: India’s Lenskart, an online retailer for eyewear, raised US$220mil (RM927.96mil) from investors including Temasek Holdings Pte and Falcon Edge Capital, in another sign of booming interest in the country’s technology startups.

Founded by Peyush Bansal in 2010, the company sells eyeglasses, contact lenses and sunglasses online and through about 750 retail outlets in the country.

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