Lenskart expands total ESOP pool
ESOPs formed 1.8% of its total shareholding as of December 20, 2019, according to data collated by industry tracker Tracxn.
Gloom for Myntra, Pepperfry, others as sales fall by 20%
The downturn is expected to continue as people defer discretionary spending and comp...
SoftBank closes $231 million investment in Lenskart
The deal is also the second bet by SoftBank on a vertical ecommerce business with a sizea...
Lenskart FY19 loss narrows, topline jumps 56%
Total expenses for fiscal year 2019 came in at Rs 514.52 crore, up about 20% compared to the year-ago period when expenses were at Rs 429 crore.
Vertical ecom majors like Pepperfry, Nykaa feel the squeeze post Covid-19 outbreak
Firms say it may take a full year, at the minimum, for things to go back to normal
Kedaara puts $55 mn in Lenskart Solutions
The developments come at a time when Kedaara Capital is also in talks to buy shares in the omnichannel eyewear retailer through a secondary deal.
Coronavirus blow: Firms prepare for slow capital flows, uncertainty
Record capital flows into Indian startups, many of which have been chasing growth at all costs and seen valuations multiply in the past year, are expected to halt in the coming months as coronavirus disrupts economies around the world.
Kedaara eyes Lenskart stake at $1b valuation
PremjiInvest, Chiratae Ventures among those looking to partially sell their holdings.
VCs start new calendar year with $7 billion left to invest
Bain & Company’s study sees more action to add to $10 billion deployed by the industry till now.
SoftBank may lead funding in Lenskart, back Dailyhunt
SoftBank Vision Fund’s deal with Delhi-based Lenskart, where it will also potentially see a co-investor join the round, will value the company at close to $1.5 billion.
I am an accidental startup investor: Ratan Tata
"I had always looked at the startups as a sector that is exciting but somewhat untouchable because somewhere there would have been a conflict of interest with Tata Group," he said.
Startups set to hire 200 CXOs in 12 months
Startups are looking for senior executives to help them scale and expand, having attracted a rush of investors as they remain unscathed by the macroeconomic headwinds.
Corporate chatter: A Mumbai CEO caused a Covid-19 scare by coughing on a flight; Lenskart boss taking masterclasses from Manish Choksi
For Indian IT sector CEOs, travelling in the times of Covid-19 has become fraught with drama.
Queue of startups rushing to register abroad gets longer
Singapore, US, UK and UAE are preferred due to stable regulations, subsidised tax rates and investor interest.
Startups seek change in listing requirement
The startups want a revision in rules that govern the listing of startups on Indian stock exchanges.
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