ADIA invests $500m in India's Lenskart
Abu Dhabi Investment Authority (ADIA) has agreed to invest USD 500m in Indian eyewear retailer Lenskart. It would bring pre-IPO funding in the past 12 months to around USD 750m.
The investment will entail a mix of primary and secondary shares, resulting in ADIA becoming one of the largest shareholders. “Lenskart has rapidly established itself as one of the largest and most...
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