Lenskart’s USD 821 Million IPO Price Sparks Concern Over Indian Startup Valuations
In late October 2025, Indian eyewear-giant Lenskart Solutions (hereafter “Lenskart”) opened its much-anticipated initial public offering (IPO), targeting a total raise of about ₹7,278 crore (roughly US $821 million) at a post-issue valuation near ₹70,000 crore (≈US $7.9 billion). While this caps a remarkable growth trajectory for the company, it also raises fresh questions about…