Lenskart’s Bansal set to join list of founders with pre-IPO stake boosts

Omnichannel eyewear retailer Lenskart is likely to issue additional shares to its founder and CEO Peyush Bansal through a structured payout arrangement, which could increase his stake in the public markets-bound company by 1.5-2%, said people briefed on the development.

Bansal and his wife Neha Bansal, also a cofounder, currently hold a combined stake of about 12-13% in the firm.