Stake saleCommerce & Consumer Brands
SoftBank sells 1.56% of Lenskart
By Abha Lohia · Editor ·
Lenskart: revenue and funding and every story →
GurugramFounded 2010
- Lenskart is a Gurugram-based eyewear retailer with online and store sales, now listed on the stock exchanges
- SoftBank's fund arm sold 2.72 crore shares at about ₹697 each on Friday, worth ₹1,896 crore, cutting its holding from 7.27% to 5.71%
- Goldman Sachs bought the most, about ₹640 crore, alongside mutual funds, an insurer and foreign institutions
What happened
- SoftBank sold 2.72 crore shares in ten tranches.
- Average price was ₹697.15, total ₹1,896.24 crore.
- Its stake fell from 7.27% to 5.71%.
- Buyers included Goldman Sachs, Kotak and UTI mutual funds, HDFC Life and overseas funds.
Why it matters
- Another early investor is trimming after the listing.
- Shares still rose 1% to ₹724.70.
The business
- Lenskart sells eyeglasses, sunglasses and lenses through its app and stores.
The founders
Who put in money
- SoftBank seller
Words to know
- Tranche
- One part of a sale carried out in several steps.
The numbers around it
Commerce & Consumer Brands in November 2026: 7 rounds with a disclosed amount, $119 million in all; the biggest was GIVA ($100M+). Every sector this year →
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