Saturday, October 4, 2025

Lenskart gets Sebi nod for Rs 8,000-crore IPO, aims for November listing: sources

Eyewear retailer Lenskart has received Sebi approval for its IPO, targeting a mid-November listing. The company aims to raise Rs 2,150 crore in fresh capital, with the total IPO size expected to be Rs 7,500-8,000 crore. Lenskart turned profitable in fiscal 2025, posting a net profit of Rs 297 crore, and will use proceeds for store expansion and acquisitions.

from Tech-Economic Times https://ift.tt/CI9AdBW

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OpenAI Foundation outlines $1 billion push, expands leadership team

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