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Lenskart FY23: Lenskart revenue jumps to Rs 3,788 crore in FY23; trims losses to Rs 102 crore, ET Retail

Lenskart FY23: On a standalone basis, Lenskart has been profitable, and reported a net profit of Rs 138 crore in FY23, a 25-fold jump from the previous fiscal. Standalone operating revenue stood at Rs 2,375 crore.

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Blinkit has a '10-minute solution' for North India's heat wave |

TECH NEWS : Blinkit offers quick delivery of Symphony air coolers in select cities. Founder Albinder Dhindsa announced deliveries. Blinkit also sells ceiling fans

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Lenskart FY23: Lenskart revenue jumps to Rs 3,788 crore in FY23; trims losses to Rs 102 crore

On a standalone basis, Lenskart has been profitable, and reported a net profit of Rs 138 crore in FY23, a 25-fold jump from the previous fiscal. Standalone operating revenue stood at Rs 2,375 crore.

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Lenskart: Temasek, Fidelity may invest $200 million in Lenskart at $5 billion valuation

This round would take homegrown eyewear company Lenskart s valuation to over three times that of Warby Parker, a New York-based online retailer for spectacles and contact lens. Warby Parker listed on the NYSE late in 2022 and has a market capitalisation of around $1.55 billion.

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Lenskart's $200-million secondary; Wipro's Delaporte's golden handshake

Happy Thursday! Singapore investor Temasek and US-based fund Fidelity are preparing for a $200-million funding round in Lenskart along with Fidelity.

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