{"id":894453,"date":"2025-01-10T08:16:55","date_gmt":"2025-01-10T02:46:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=894453"},"modified":"2025-01-10T08:49:05","modified_gmt":"2025-01-10T03:19:05","slug":"lenskart-prepares-for-ipo-seeks-to-raise-up-to-1-billion-from-bankers","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/10\/lenskart-prepares-for-ipo-seeks-to-raise-up-to-1-billion-from-bankers\/","title":{"rendered":"Lenskart prepares for IPO, seeks to raise up to $1 billion from bankers"},"content":{"rendered":"<p>Eyewear startup Lenskart has invited bankers to pitch for its upcoming initial public offering (IPO), aiming to raise between $750 million and $1 billion, according to a report by Moneycontrol on Thursday. The company is targeting a valuation of $7-8 billion and plans to list by the end of the financial year 2026.<\/p>\n<p>Earlier news reports suggested a potential IPO timeline of around two years. In November 2024, it was noted that Lenskart\u2019s valuation could increase by 20 per cent to $6 billion if a $200-300 million secondary share sale materialises.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eyewear startup Lenskart has invited bankers to pitch for its upcoming initial public offering (IPO), aiming to raise between $750 million and $1 billion, according to a report by Moneycontrol on Thursday. The company is targeting a valuation of $7-8 billion and plans to list by the end of the financial year 2026. Earlier news reports suggested a potential IPO timeline of around two years. In November 2024, it was noted that Lenskart\u2019s valuation could increase by 20 per cent to $6 billion if a $200-300 million secondary share sale materialises.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-894453","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/894453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=894453"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/894453\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=894453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=894453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=894453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}