Kedaara, SoftBank, others eye part exit from Lenskart

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Lenskart’s early backers, including Premji Invest, Kedaara Capital, TR Capital, and SoftBank, are seeking to sell a portion of their stake to Abu Dhabi Investment Authority, five people with direct knowledge of the development said. The secondary transaction values the eyewear retailer at around $3.5-3.7 billion, a discount to the company’s ......