CosmicTaco

Lenskart Prepares for IPO With Public Entity Shift

CosmicTaco · 2025-06-07T11:10:19.647239+05:30

- Lenskart's board approved a name change to 'Lenskart Solutions Limited' in preparation for an IPO. - The eyewear unicorn plans to raise $750 Mn to $1 Bn at a $7-8 Bn valuation. - Kotak Mahindra Bank and Morgan Stanley are leading the IPO efforts. - Lenskart narrowed its net loss significantly and increased revenue by 43% in FY24. - The IPO move aligns with trends of other tech companies going public this year. Source: [Inc42](https://inc42.com/buzz/lenskart-turns-into-a-public-entity-ahead-of-its-ipo/)

Lenskart's board approved a name change to 'Lenskart Solutions Limited' in preparation for an IPO.
The eyewear unicorn plans to raise $750 Mn to $1 Bn at a $7-8 Bn valuation.
Kotak Mahindra Bank and Morgan Stanley are leading the IPO efforts.
Lenskart narrowed its net loss significantly and increased revenue by 43% in FY24.
The IPO move aligns with trends of other tech companies going public this year.

Source: Inc42