{"id":970403,"date":"2025-10-30T08:42:52","date_gmt":"2025-10-30T03:12:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=970403"},"modified":"2025-10-30T08:50:54","modified_gmt":"2025-10-30T03:20:54","slug":"sbi-mutual-fund-buys-rs-100-crore-worth-lenskart-stake-at-7-7-billion-valuation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/30\/sbi-mutual-fund-buys-rs-100-crore-worth-lenskart-stake-at-7-7-billion-valuation\/","title":{"rendered":"SBI Mutual Fund buys Rs 100-crore worth Lenskart stake at $7.7 billion valuation"},"content":{"rendered":"<p>SBI Mutual Fund has picked up a stake in IPO-bound eyewear retailer Lenskart for Rs 100 crore, according to a new disclosure by the Gurugram-based company.<\/p>\n<p>SBI Mutual Fund has bought the stake from Lenskart cofounder and promoter Neha Bansal, as per the disclosure. The transaction was done at a price of Rs 402 per share, valuing the company at Rs 67,762 crore (around $7.7 billion).<\/p>\n<p>Bansal had earlier sold Rs 90 crore worth of stock at the same valuation to Dmart promoter Radhakishan Damani.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBI Mutual Fund has picked up a stake in IPO-bound eyewear retailer Lenskart for Rs 100 crore, according to a new disclosure by the Gurugram-based company. SBI Mutual Fund has bought the stake from Lenskart cofounder and promoter Neha Bansal, as per the disclosure. The transaction was done at a price of Rs 402 per share, valuing the company at Rs 67,762 crore (around $7.7 billion). Bansal had earlier sold Rs 90 crore worth of stock at the same valuation to Dmart promoter Radhakishan Damani.<\/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":[59,4,10],"tags":[],"class_list":["post-970403","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/970403","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=970403"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/970403\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=970403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=970403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=970403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}