Lenskart raises $100 mn from ChrysCapital, plans global expansion

ChrysCapital, a private equity firm, will invest $100 million in Lenskart, Asia’s largest eyewear brand, through primary and secondary share purchases. The investment brings Lenskart’s total capital infusion to nearly $850 million since 2022.

Lenskart’s $4.2 billion valuation is unchanged from last year’s funding round, according to the sources. The company in March raised $500 million from Abu Dhabi Investment Authority, an extension to the fund it raised last year.

Of the $600 million Lenskart has raised this year, $450 million came from secondary share sales, which gave partial exits to SoftBank Vision Fund, Chiratae Ventures and PremjiInvest, according to media platform The Arc.