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The Economic Times
SoftBank sells Lenskart shares worth Rs 2,888 crore, aggregate returns at 5.7x
SoftBank's sale of Lenskart shares valued at Rs 2,888 crore signifies a strong financial performance, yielding returns of 5.7 times. This exit marks an important milestone for the Indian eyewear industry, showcasing investor confidence in the market's growth potential. As Lenskart continues to expand its footprint, SoftBank's move reflects a successful venture capital strategy in emerging sectors.
MonitorConfidence: HighShort term horizon
Published 24 Aug 2026, 18:30 UTC1 min read
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Summary
TL;DR
- SoftBank sells Lenskart shares for Rs 2,888 crore.
- The sale generates aggregate returns of 5.7 times.
- Lenskart continues to expand in the Indian eyewear market.
- The exit demonstrates strong investor confidence in startups.
- SoftBank's strategy reflects success in emerging industries.
Interesting facts
- Lenskart is a leading player in the Indian eyewear market.
- SoftBank's exit could lead to more investments in the sector.
- The significant returns underline the growth trajectory of Indian startups.