Kotak Mutual Fund bought 409,483 shares of Lenskart Solutions for ₹25.80 Cr at ₹630.00 apiece in a block deal. This transaction occurred on the same day that Alpha Wave Ventures II reportedly sold a 1.2% stake in Lenskart Solutions for ₹1,313 crore, and days after SoftBank sold a 2.6% stake for ₹2,888 crore.
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.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.