Online eyewear retailer Lenskart has raised more than $275 million from Softbank, including some stake sale from early investors..Rajaram Legal acted for Lenskart and certain existing investors, Chiratae (formerly IDG Ventures) and Ronnie Screwvala's Unilazer Ventures. The team was led by Managing Partner Archana Rajaram, along with Senior Associate Tanish Gupta and Associate Vedanta Chakrabarty. Shardul Amarchand Managaldas advised Softbank and the team was led by Partner Raghubir Menon along with principal associate Deepa Rekha, senior associate Pragya Seth and associate Aishwarya N. White & Case led by Partner Emmie Jones and associate Disha Chandrachud advised Softbank..The existing investors of the Company – (a) International Finance Corporation was advised by AZB & Partners led by Senior Associate Roy George; (b) TPG Growth and other existing investors namely TRC, Steadview and Premji Invest was advised by Veritas Legal led by Partner Kunal Doshi and senior associate, Natasha Sethna; (c) Pratithi Investment Trust was advised by IndusLaw led by Partner Pallavi Kanakagiri and associate Pavani Nath for the secondary transaction..The funds will be used to augment Lenskart's tech capabilities and to strengthen its supply chain infrastructure, reported Mint.
Online eyewear retailer Lenskart has raised more than $275 million from Softbank, including some stake sale from early investors..Rajaram Legal acted for Lenskart and certain existing investors, Chiratae (formerly IDG Ventures) and Ronnie Screwvala's Unilazer Ventures. The team was led by Managing Partner Archana Rajaram, along with Senior Associate Tanish Gupta and Associate Vedanta Chakrabarty. Shardul Amarchand Managaldas advised Softbank and the team was led by Partner Raghubir Menon along with principal associate Deepa Rekha, senior associate Pragya Seth and associate Aishwarya N. White & Case led by Partner Emmie Jones and associate Disha Chandrachud advised Softbank..The existing investors of the Company – (a) International Finance Corporation was advised by AZB & Partners led by Senior Associate Roy George; (b) TPG Growth and other existing investors namely TRC, Steadview and Premji Invest was advised by Veritas Legal led by Partner Kunal Doshi and senior associate, Natasha Sethna; (c) Pratithi Investment Trust was advised by IndusLaw led by Partner Pallavi Kanakagiri and associate Pavani Nath for the secondary transaction..The funds will be used to augment Lenskart's tech capabilities and to strengthen its supply chain infrastructure, reported Mint.
