SoftBank Adjusts Its India Approach Amid Departures and a Fresh Emphasis on AI
SoftBank's recent activity in India indicates a strategic reset, focusing on AI and enterprise technology.
SoftBank's recent activity in India indicates a strategic reset, focusing on AI and enterprise technology.
Lenskart’s revenue rose 21% in Q2 FY26, nearing Rs 150 crore profit, debuting on Indian stock exchanges.
Lenskart debuted at a discount, opening at Rs 395 on NSE, 1.7% below its IPO price of Rs 402.
Lenskart’s IPO was oversubscribed 28.26 times, with retail portion at 7.53x and GMP at Rs 58 per share.
Lenskart Solutions has raised Rs 3,268.36 crore from 147 anchor investors ahead of its IPO.
SBI Mutual Fund invested Rs 100 crore in Lenskart ahead of its IPO opening on October 31, 2025.
Lenskart’s Rs 7,278 crore IPO promises returns of 4X to 17X for promoters and early investors.
Lenskart filed its RHP on October 25, 2025, planning to raise Rs 2,150 crore through its IPO.
Lenskart has obtained SEBI approval for its IPO, planning to raise Rs 2,150 crore through equity and OFS.
Lenskart invests in Ajna Lens to develop AI-powered Smart Glasses, enhancing consumer experiences.