TR Capital | Pixr8 News

Online eyewear firm Lenskart has earmarked about USD 2-3 million to invest in companies that are either working on product or technologies that can help to provide affordable eye care solutions. As a part of the strategy, firm backed by Ratan Tata, Lenskart has invested about Rs. 3.3 crores in US-based ThinOptics. The intent of investing in early-stage startups is to collaborate in the development of innovative products. Peyush Bansal, Lenskart founder and chief executive said, We will invest USD 2-3 million. The companies where we are looking to invest could be either tech or product based working on eyecare solutions, be it an innovative eye examination machine or some kind of a lens technology. Lenskart had earlier picked up a minority stake for over USD 1million in 6over6, an I...

B9 Beverages, the company producing Bira 91 beers, a low-calorie beer recently raised non-convertible debentures to Anicut Capital, an asset management platform based in Chennai. The company, backed by American Venture Capital company Sequoia Capital, allotted 100 debentures worth Rs 10 crore to Anicut Capital in Mid-April. In March, the company also raised around Rs 5 crore from the Chennai based asset management company. Bira 91 is a startup that aims bringing craft beer, “handmade one barrel at a time”, to the Indian public and the United States. The New Delhi-based startup founded in February 2015 aims bringing an alternative quality beer to the international beverages imported in India. Bira 91 arrived in the Indian market in full force and went from selling 150,000 cases of ...

Tag: TR Capital

Lenskart Looking to Invest $3 Million in Eye-Tech Startups

Beer Startup Bira 91 Raises Funding