Business

Lenskart in $400 Million Deal to Create Asian Eyewear Giant

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Lenskart should reach profitability when it hits $400 million in sales in the year ending March 2023, Bansal estimated. The two companies project combined sales of $650 million in that period, he said. His startup, which was founded in 2010 and backed by Falcon Edge Capital, KKR & Co., Temasek Holdings Pte and PremjiInvest, grew 65% last year and is projected to surpass that this year, Bansal said on a video call.



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