 
                  
CCI allows Lenskart stake acquisition by Kedaara Capital Fund III LLP
The Competition Commission of India (CCI) has granted approval for the acquisition of a specific stake in Lenskart Solutions Private Limited by Kedaara Capital Fund III LLP.
Stay updated with the latest news and articles about lenskart.
 
                  
 
                  
The Competition Commission of India (CCI) has granted approval for the acquisition of a specific stake in Lenskart Solutions Private Limited by Kedaara Capital Fund III LLP.
 
                  
Zippee intends to utilise the funding to boost recruiting, add 15 more locations to its same-day delivery service, and improve its technological foundation.
 
                  
As per reports, Lenskart is in advanced stage of completing an investment deal with the Abu Dhabi Investment Authority (ADIA) for $500 million.
 
                  
Six months ago, the company had secured $45 million funding supported by Verlinvest, Blume Ventures, JSW Ventures, and first-time investor Sequoia Capital India.
 
                  
Currently, the company has over 5,000 employees including more than 200 engineers, data scientists and product designers.
 
                  
The fresh capital input has increased the company's valuation to $2.5 billion.
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