SBI Mutual Fund Invests ₹100 Crore in Lenskart Ahead of IPO

SBI Mutual Fund has invested ₹100 crore in !lenskart Lenskart at ₹402 per share, valuing the eyewear retailer at around $7.7 billion. The pre-IPO investment comes via SBI’s AIFs and follows Radhakishan Damani’s ₹90 crore stake buy. Lenskart’s IPO opens October 30 to raise ₹2,150 crore for expansion and growth.