Lenskart Secures Nearly $20 Mn In Funding Led by Founders Peyush And Neha Bansal

Lenskart, an online eyewear retailer, has secured nearly USD 20 million in funding, led by its co-founders Peyush Bansal and Neha Bansal, along with realty developers CJT Investments and TR Capital, according to media reports. This marks the second investment by the co-founders within a year.

According to media reports, the co-founders had previously infused Rs 29.89 crore each in a funding round that ended on February 7, 2024, further demonstrating their confidence in Lenskart's business model and future potential.

The new funding follows a USD 200 million secondary deal where Temasek and Fidelity Management & Research Company (FMR) acquired shares from promoter Orion India Systems, valuing Lenskart at over USD 5 billion, according to media reports. 

This recent funding underscores the continued faith and support from the investment community towards Lenskart.