StartupsInc421 day ago
Stake Sale At Lenskart, Ethereal Bags $28 Mn & More
6 min read
Abu Dhabi Investment Authority sold 4 crore Lenskart shares at ₹490 apiece, worth ₹1,960 crore, marking the third major stake sale by an institutional backer this week. The sale follows the expiration of Lenskart's six-month post-IPO lock-in period on May 8. Buyers included Kotak Mahindra MF, Goldman Sachs, and Morgan Stanley.
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