Indian eyewear giant Lenskart gears up for blockbuster market debut
India's biggest eyewear retailer Lenskart will list on the country's stock exchanges on Monday, as it targets growing demand for prescription glasses in India and Southeast Asia. It's the latest in a flurry of listings in India this quarter, and its US$821 million IPO was 28 times oversubscribed. It's raised more questions about whether startups in India are overvalued. Rebecca Bundhun filed this report for CNA from Mumbai.
India's biggest eyewear retailer Lenskart will list on the country's stock exchanges on Monday, as it targets growing demand for prescription glasses in India and Southeast Asia. It's the latest in a flurry of listings in India this quarter, and its US$821 million IPO was 28 times oversubscribed. It's raised more questions about whether startups in India are overvalued. Rebecca Bundhun filed this report for CNA from Mumbai.
Popular Shows
