Lenskart, Swiggy get valuation boost
After raising $200 million from Temasek and Fidelity, Lenskart’s valuation stands at $5 billion. Meanwhile, Baron Capital bumped up its stake in Swiggy by 25% to $15.1 billion.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
Wow! Momo, Domino’s want to own their destiny, reduce reliance on food delivery apps
With cost pressures mounting, QSR brands are betting on loyalty programs, dine-in menus and their own apps to survive and belatedly improve their stocks’ prospects.
99 Store is Swiggy’s latest bet in a saturated food delivery market
The food and grocery delivery giant is facing intense competition in both its core businesses, but the odds are stacked against Rs 99 meals being the solution.
Rapido’s food delivery bet puts investor Swiggy in a tight spot
The bike taxi company learned the ropes in food delivery while working with Swiggy. Now it wants to compete directly.