Positive impactCompany
Alpha Wave Ventures to sell up to 1.2% stake in Lenskart for ₹1,313 crore
BusinessLine 3d ago·27 Aug 2026, 2:00 pm
Alpha Wave Ventures is planning to sell a stake in Lenskart, potentially worth over ₹1,300 crore. The transaction involves offering up to 1.2% of the company's shares at a floor price of ₹630 each. This represents a slight discount to Lenskart's recent closing price on the NSE, indicating the deal is being structured to attract buyers.
This move is significant for investors as it marks a potential exit for Alpha Wave Ventures, one of the key early backers of the eyewear company. The sale could provide liquidity to the venture capital firm and may also signal a new phase for Lenskart's ownership structure. Market participants will closely watch the final sale price and the buyer to gauge Lenskart's valuation and future growth plans.
Key takeaways
- Category: Company.
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