Friday, March 24, 2023
Outlook.com
Outlook India
Outlook Business
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Valuation

The investment is expected to help Lenskart expand its reach and market share, both in India and abroad

The recent blow-ups in many start-ups are a result of the founders' vanity and their failure to understand the basic obligation of public shareholding

Existing investors are expected to partially exit through a secondary share sale, and the investment is taking place at a valuation of $4 billion. Lenskart aims to continue expanding with 400 new stores and expects to turn profitable in the financial year...

With more than $10 billion in valuation, fintech giant PhonePe has entered the decacorn club and joined Swiggy, Flipkart, Paytm and Byju's