India’s eyewear giant Lenskart has achieved a massive milestone — a $10 billion valuation in the unlisted share market, signaling growing investor confidence as it prepares for a much-awaited Initial Public Offering (IPO).
According to data from unlisted market tracking firms, Lenskart’s shares are currently trading at a premium, with strong demand from institutional and retail investors. This valuation makes Lenskart one of India’s most valuable direct-to-consumer (D2C) startups, surpassing several established tech companies.
A Pre-IPO Surge
Lenskart’s rise in valuation follows consistent business growth, fueled by international expansion, strong online sales, and a vast offline presence across India and other countries. The company recently entered markets like Singapore, the Middle East, and Southeast Asia, boosting its global footprint.
The IPO, expected within the next 12–18 months, is likely to be one of India’s biggest consumer brand listings. Investors see it as a potential blockbuster similar to Zomato or Nykaa’s public debut.
Backed by Global Investors
Lenskart is backed by heavyweights like SoftBank, Temasek, Alpha Wave Global, and KKR, who have continued to support the company through multiple funding rounds. Its founder Peyush Bansal, known for his Shark Tank India appearances, continues to focus on innovation, affordability, and omnichannel retail growth.
Expanding Vision
Lenskart operates over 2,500 stores globally and serves millions of customers online. It has also invested in technology such as 3D try-on features, smart lens recommendations, and fast delivery systems.
Industry analysts believe the $10B valuation reflects strong fundamentals, robust customer loyalty, and a profitable business model that sets it apart from typical loss-making startups.
Summary Table
| Key Metric | Details |
|---|---|
| Company | Lenskart |
| Valuation (Unlisted Market) | $10 Billion |
| Event | Pre-IPO valuation surge |
| Founder & CEO | Peyush Bansal |
| Investors | SoftBank, Temasek, KKR, Alpha Wave Global |
| Number of Stores | 2,500+ globally |
| Expansion Regions | India, Singapore, Middle East, Southeast Asia |
| Expected IPO Timeline | 12–18 months |
| Sector | Eyewear / D2C / Retail |
| Headquarters | Gurugram, India |
