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IPO-bound Lenskart nets $200m from Temasek, Fidelity at $5b valuation https://t.co/77aPrzoFk3
Lenskart raises $200 million in secondary round from Temasek, Fidelity https://t.co/GxEMdkWeE7
Temasek and Fidelity buy $200 million stake in India’s Lenskart: https://t.co/GppCF9WccN by TechCrunch #infosec #cybersecurity #technology #news

Temasek and US-based Fidelity have acquired shares worth $200 million in Indian eyewear startup Lenskart in a massive secondary sale. This transaction values Lenskart at $5 billion. The purchase follows a previous sale where Softbank and other investors sold shares worth $450 million in 2023. The financial advisory firm Avendus confirmed the transaction. Fidelity is a new investor in this round.