Lenskart block deal: SoftBank Vision Fund II offloads ₹2,888 crore stake

SoftBank is trimming its Lenskart holding in a sizeable block deal, with SVF II Lightbulb Cayman selling 4.5 crore shares for ₹2,887.9 crore at ₹641.75 apiece. The transaction comes after Lenskart delivered a strong June quarter, with revenue rising 43.3% to ₹2,714 crore and profit nearly quadrupling to ₹228.4 crore.

Leave a Reply

Your email address will not be published. Required fields are marked *