Lenskart Eyeing $10 Bn Valuation In IPO: Report

Lenskart, the eyewear retailer, is reportedly aiming for a $10 billion valuation in its upcoming initial public offering (IPO), according to a report. The IPO is expected to generate significant interest from investors, given Lenskart's strong market position and growth trajectory. The company has been expanding its omnichannel presence, combining online and offline retail channels. A $10 billion valuation would make Lenskart one of the most valuable eyewear companies globally. The IPO proceeds will likely be used to fuel further expansion, both domestically and internationally. Lenskart's focus on technology and innovation has contributed to its success in the rapidly growing eyewear market.