Screwvala eyes growth in Lenskart, puts Rs 24 crore more



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Screwvala eyes growth in Lenskart, puts Rs 24 crore more


Date: 9-January-2017

Unilazer Ventures founder Ronnie Screwvala has pumped in an additional Rs 24 crore in online eyewear solutions company Lenskart Solutions.The latest secondary transaction in Lenskart brings Unilazer s cumulative investment in the six-year-old company to about Rs 100 crore, and was closed at a valuation close to Rs 2,000 crore, the same pricing it received when PremjiInvest invested in the company last year. Unilazer, which now owns a 19% stake in Lenskart, purchased the additional stake from the company s cofounders, Peyush Bansal and Amit Chaudhary, who now hold about 20% of the venture.

 
 
 
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