Lenskart Solutions Limited
Ashoka WhiteOak bought 2,95,200 shares of Lenskart Solutions for ₹15.01 Cr at ₹508.55 apiece in a block deal. This was part of a larger transaction where Softbank sold a 3.25% stake in Lenskart Solutions for ₹2,873 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.
India equity vehicle of WhiteOak Capital, the Singapore-headquartered manager founded in 2017 by Prashant Khemka, former CIO of Goldman Sachs Asset Management's India Equity and Global Emerging Markets businesses. WhiteOak group manages USD 10.8 bn (~Rs 96,000 cr) across SMAs and funds. Ashoka India Opportunities Fund ranks as the best-performing India UCITS fund since 2018 inception.