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Lenskart is the latest Indian starup to become profitable 📈
short by Vansh Pandita / on Friday, 26 April, 2024
Eyewear retailer Lenskart secured a staggering $600 million funding in 2023 from Abu Dhabi Investment Authority and ChrysCapital due to its exceptional financial performance. Revenue surged to Rs 3,788 crore in FY23, with a 2.5X growth, while losses decreased by 37%. Cost control strategies and diversified revenue streams contributed to its improved financial health.
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