Lenskart valuation to hit ₹3,000cr post secondary share sale

Indian eyewear startup Lenskart is estimated to touch a valuation of ₹3,000 crore after a secondary share sale by its investors, reportedly worth ₹400 crore. In the current secondary share sale transaction, existing investors TR Capital and PremjiInvest will purchase the shares from TPG Growth and IDG Ventures India respectively. The deal is expected to close by mid-March.