ET Startup Awards 2025: Criticism isn’t always negative, says Peyush Bansal on Lenskart’s IPO valuation comments

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Criticism isn’t always a bad thing, Lenskart chief executive Peyush Bansal said, reacting to comments on IPO overvaluation in a fireside chat with ETtech editor Samidha Sharma. “Shark Tank has somewhat trained me for the public world.”

The omnichannel eyewear retailer seems set for a Rs 7,300-crore initial public offering (IPO), which is expected to value Lenskart at nearly Rs 70,000 crore when it gets listed on the exchanges on November 10.

The company’s valuation has resulted in intense public scrutiny and sharp comments on social media.

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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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ET Startup Awards 2025: Criticism isn’t always negative, says Peyush Bansal on Lenskart’s IPO valuation comments



Criticism isn’t always a bad thing, Lenskart chief executive Peyush Bansal said, reacting to comments on IPO overvaluation in a fireside chat with ETtech editor Samidha Sharma. “Shark Tank has somewhat trained me for the public world.”

The omnichannel eyewear retailer seems set for a Rs 7,300-crore initial public offering (IPO), which is expected to value Lenskart at nearly Rs 70,000 crore when it gets listed on the exchanges on November 10.

The company’s valuation has resulted in intense public scrutiny and sharp comments on social media.

Also…



Source link

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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