Stake sale · Commerce & Consumer Brands
Temasek sells 2.05% stake in Lenskart for ₹1,940 crore
By Startup Enthusiast ·

- Date
- Company
- Lenskart
- What it does
- Omnichannel eyewear retailer
- Kind
- Stake sale
- Amount
- ₹1,940 crore
- Stage
- public
What they do
Lenskart sells prescription eyeglasses, sunglasses, contact lenses and accessories online and in stores
What happened
Temasek sold 3.56 crore shares via MacRitchie Investments at ₹544 each, reducing its combined stake to 4.75%
Why it matters
The company reported 46% year-on-year revenue growth in Q4 FY26, with adjusted profit up 7.5%
The details
- Temasek sold a 2.05% stake in Lenskart through its investment vehicle MacRitchie Investments.
- The stake was valued at ₹1,940 crore ($204 million), based on Lenskart's closing price of ₹544 on 10 July 2026.
- Temasek sold 3.56 crore (35.7 million) equity shares on 10 July.
- MacRitchie's direct holding fell to 2.21% from 4.26%.
- Temasek's combined interest across all entities dropped to 4.75% from 6.8%.
- Lenskart listed on the stock market in November 2025.
- Earlier in May and June 2026, other investors including SoftBank, ADIA and KKR-backed entities also sold large stakes.
The bigger picture
- Temasek first invested in Lenskart in July 2021, leading a $220 million round at a $2.5 billion valuation.
- The company reported adjusted profit of ₹203.6 crore, down 7.5%.
- In May 2026, TR Capital, KKR-backed Birdseye View Holdings, Alpha Wave Ventures and ABG Capital sold 6.46% for ₹53.14 billion.
- In June 2026, a SoftBank entity sold 3.25% for ₹28.73 billion, and ADIA-backed Platinum Jasmine A 2018 Trust sold 2.3% for ₹19.6 billion.
About the business
- Lenskart is an omnichannel eyewear retailer selling prescription eyeglasses, sunglasses, contact lenses and accessories.
- It sells through digital platforms and physical stores in India and overseas.
- The company manufactures eyewear through in-house facilities.
- Its brands are designed to be aspirational for wide customer segments.
- As of end FY26, Lenskart had 3,327 active stores.
- Its market capitalisation was ₹93,639 crore ($9.85 billion) as of 14 July 2026.
The deal
- Type
- stake-sale
Investors
- Temasek (seller) — Singaporean investment company that first invested in Lenskart in July 2021.
Founders
- Peyush Bansal, Founder
- Amit Chaudhary, Founder
- Sumeet Kapahi, Founder
Other articles talking about it
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- Brokerages raise Lenskart target price citing international growth2 June 2026 · Results
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