SoftBank makes 7x return on Lenskart, sells ₹2,873 crore stake

SoftBank has made nearly seven times its original investment in Lenskart after selling shares worth ₹2,873 crore through a block deal. Its affiliate, SVF II Lightbulb Cayman, offloaded a 3.25% stake in the eyewear retailer on Wednesday, reducing SoftBank's holding to about 10%. SoftBank was one of Lenskart's largest shareholders before the company went public.