US firm ups Lenskart valuation to $6.1 bn ahead of planned IPO

Shristi Acharya, Published on Jun 14th, 2025

US firm ups Lenskart valuation to $6.1 bn ahead of planned IPO

US-based investment firm Fidelity raised Lenskart's valuation to $6.1 billion in its latest portfolio update. This represents a 22% markup from the $5 billion valuation at which Fidelity acquired Lenskart shares in a secondary transaction in 2024. Lenskart is reportedly eyeing a public issue of over $1 billion, making it one of the largest IPOs in India's new-age consumer-tech sector.

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