Lenskart valued at $4.5 billion after new financing

Omni-channel eyewear brand Lenskart has been valued at $ 4.5 billion– rising by over a third—as it closed a $200 million funding round led by Alpha Wave Global (previously Falcon Edge), according to a person briefed on the matter.

This in an 80% expansion in value for the company, which was last valued at $ 2.5 billion following the close of a $315 million round in July 2021 that was led by Singapore’s Temasek, which has also invested in the latest funding.