ChrysCapital invests $100 million in India’s Lenskart

ChrysCapital invests $100 million in India’s Lenskart

a year ago
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https://techcrunch.com/2023/06/14/chryscapital-invests-100-million-in-lenskart/

ChrysCapital has invested $100 million in Lenskart, the two said Thursday, pushing the Asian eyewear startup’s raise to $850 million in the past year.

The Indian venture firm is buying shares worth $100 million into the Bengaluru-headquartered startup through both primary and secondary transactions, the two said. The new investment follows Abu Dhabi Investment Authority announcing plans to invest $500 million in Lenskart. That investment, like the capital infusion from ChrysCapital, is an extension to last year’s round that valued the Indian startup at about $4.5 billion valuation.