#Mumbai-based private equity firm #Kedaara Capital has invested Rs 392 crore ($55 million) in #eyewear solutions #startup Lenskart, according to RoC filings accessed by YourStory.
With this #capital, Lenskart plans to expand to international markets like #Singapore and others.
As per media reports, the #Delhi-based company is expected to be valued at around Rs 8,200 crore ($1.15 billion) post this funding round.
The filings showed that Lenskart has issued 61.43 lakh Series F compulsorily convertible cumulative preference shares, at a premium of Rs 636.06 per share, to Kedaara’s two entities - Kedaara Capital Fund-II and Mauritius-registered Kedaara Norfolk Holdings Limited.
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