Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Lenskart Raises INR 100 Cr From SBI Mutual Fund In Pre-IPO Round
Corporate Law & GovernanceStart-Up & DPIIT
The eyewear major Lenskart has secured INR 100 crore from SBI Mutual Fund in a pre-IPO funding round, supporting its upcoming listing plans. The investment by a large institutional investor signals strong confidence in the company’s growth trajectory and its ability to scale retail + omnichannel operations. The move also highlights how D2C businesses are increasingly tapping capital markets and institutional pre-IPO funding to bolster balance sheets ahead of public offerings.
