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Grapevine: Temasek may top up Lenskart bet; Macquarie drops Vibrant Energy sale plan

General

25 April, 2024

Grapevine: Temasek may top up Lenskart bet; Macquarie drops Vibrant Energy sale plan

Singapore's Temasek and US-based Fidelity are nearing a $200-million investment in Lenskart through a secondary share sale, valuing the eyewear company at about $5 billion, a ......

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Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

General

04 April, 2024

Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

are engaged in early discussions for fresh funding, indicating a resurgence in big-ticket deals exceeding $100 million, a media report said.   Lenskart ......

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Flashback 2023: Private investments and M&As take a hit as investors show caution

General

29 December, 2023

Flashback 2023: Private investments and M&As take a hit as investors show caution

India’s private investment scenario was more or less grim through 2023 as investors shifted stances, tweaked criteria and took more ......

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Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

TMT

27 December, 2023

Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......

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Grapevine: NIIF, Macquarie may back EV charging firm; A91 Partners plans new bet

General

31 October, 2023

Grapevine: NIIF, Macquarie may back EV charging firm; A91 Partners plans new bet

The National Investment and Infrastructure Fund (NIIF), India's quasi-sovereign fund, and Australian asset manager Macquarie Group are in early talks to pick up a minority ......

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Lenskart backer TR Capital opens second office in India

Finance

06 October, 2023

Lenskart backer TR Capital opens second office in India

Secondaries-focused private equity firm TR Capital has opened its second office in India, as it expands its operations in the ......

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Abu Dhabi Investment Authority ups India exposure with new portfolio firms

Finance

04 September, 2023

Abu Dhabi Investment Authority ups India exposure with new portfolio firms

Abu Dhabi Investment Authority (ADIA), one of the largest sovereign wealth funds in the world with assets under management of ......

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Lenskart looking to double overseas revenue, gearing up for acquisitions: CEO

Consumer

29 August, 2023

Lenskart looking to double overseas revenue, gearing up for acquisitions: CEO

Omnichannel eyewear unicorn Lenskart intends to double its international revenue and make several acquisitions after ending the fiscal year through ......

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After scaling BookMyShow and Lenskart in the Gulf, what's Sudhir Syal up to now?

People

16 August, 2023

After scaling BookMyShow and Lenskart in the Gulf, what's Sudhir Syal up to now?

Sudhir Syal has promoted Irish band Westlife’s concert in Dubai and sold premium eyewear to the Arabs. He will soon ......

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Exclusive: ChrysCap eyes second consumer sector investment in less than a week

Consumer

21 June, 2023

Exclusive: ChrysCap eyes second consumer sector investment in less than a week

Less than a week after homegrown private equity firm ChrysCapital invested $100 million in direct-to-consumer (D2C) eyewear unicorn Lenskart in ......