Lenskart Raises Funding From Wipro’s Investment Firm Premji Invest
Three months after its Rs 400-crore funding, Lenskart has raised an undisclosed amount from Premji Invest, the investment office of Wipro chief Azim Premji.
The move will help the online eyewear retailer gain from Premji Invests extensive experience across retail brands, Lenskart CEO and Founder Peyush Bansal said.
"It will also help us in our road map go public in the next 4-5 years," he added.
Bansal said Premji has a lot of experience on the retail front investing in companies like FabIndia that Lenskart is looking to tap into.
Previously, the Ratan Tata-backed company has raised about Rs 714 crore from investors like IFC (venture capital arm of the World Bank), TPG Growth, IDG Ventures, Unilazer Ventures and Adveq.
"With this collaboration, the company will be ...