ChrysCapital to invest around $100 million in the omnichannel eyewear brand Lenskart

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ChrysCapital, a private equity (PE) firm, is reportedly looking to invest around $100 million in the omnichannel eyewear brand Lenskart.

Discussions about funding are ongoing, and the investment is yet to come. If the deal goes through, it will be one of ChrysCapital’s largest funding deals in a new-age tech startup, joining the likes of Dream11, Xpressbees, and FirstCry in India, among others. Furthermore, if ChrysCapital writes a check, Lenskart’s total ongoing funding round would reach $500 Mn. In addition, early backers such as SoftBank, Kedaara Capital, and TR Capital, among others, would receive partial exits from the ongoing funding round.

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ChrysCapital to invest around $100 million in the omnichannel eyewear brand Lenskart

ChrysCapital, a private equity (PE) firm, is reportedly looking to invest around $100 million in the omnichannel eyewear brand Lenskart.

Discussions about funding are ongoing, and the investment is yet to come. If the deal goes through, it will be one of ChrysCapital’s largest funding deals in a new-age tech startup, joining the likes of Dream11, Xpressbees, and FirstCry in India, among others. Furthermore, if ChrysCapital writes a check, Lenskart’s total ongoing funding round would reach $500 Mn. In addition, early backers such as SoftBank, Kedaara Capital, and TR Capital, among others, would receive partial exits from the ongoing funding round.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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