Lenskart Solutions Limited
Edelweiss Mutual Fund bought 7,93,185 shares of Lenskart Solutions Limited for ₹49.97 crore at ₹630.00 apiece in a block deal. Edelweiss Mutual Fund was among several institutional investors who participated in the block deal where SoftBank affiliate SVF II Lightbulb (Cayman) Ltd offloaded a 2.58% stake in Lenskart. This transaction represents roughly 1.7% of the eyewear retailer's equity.
A technology-driven eyewear retailer that designs, manufactures, and sells prescription glasses, sunglasses, contact lenses, and accessories across India. The company combines in-house manufacturing capabilities with a multi-channel retail presence, leveraging digital platforms and physical stores to distribute eyewear products to consumers nationwide. Its vertically integrated business model allows direct control over product quality, cost management, and supply chain efficiency while maintaining brand consistency.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.