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Just days before filing the Draft Red Herring Prospectus (DRHP) for IPO, Lenskart’s co-founder and CEO Peyush Bansal has significantly increased his stake in the company through a series of secondary transactions. As per DRHP disclosures reviewed by Entrackr, Bansal acquired over 4.26 crore shares from existing shareholders for a total cash consideration of Rs 222 crore.
The off-market transactions were executed between July 18 and July 24, 2025, and involved several…
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Just days before filing the Draft Red Herring Prospectus (DRHP) for IPO, Lenskart’s co-founder and CEO Peyush Bansal has significantly increased his stake in the company through a series of secondary transactions. As per DRHP disclosures reviewed by Entrackr, Bansal acquired over 4.26 crore shares from existing shareholders for a total cash consideration of Rs 222 crore.
The off-market transactions were executed between July 18 and July 24, 2025, and involved several…
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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