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Lenskart Becomes Public Company Ahead of Anticipated $1 Billion IPO

  • Eyewear giant Lenskart has become a public company in preparation for a potential $1 billion IPO.
  • Lenskart's board approved the name change to Lenskart Solutions Limited, indicating readiness to list on Indian stock exchanges.
  • The company is in talks with investment banks to lead the IPO process, setting sights on a public issue exceeding $1 billion.
  • Founded in 2008, Lenskart operates over 2,000 stores in India, entered the unicorn club in 2019, and recently raised funds at a valuation of $5 billion.

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