KKR, a global investment firm, said on Monday it would invest $95 million in Lenskart, an online eyewear seller, through a secondary stake acquisition.
TPG Growth and TR Capital, which first invested in Lenskart in late 2014, will each divest a portion of their holding in the company, KKR said about the transaction. KKR said it would use its experience working with leading companies to help Lenskart grow in India and abroad.
“I feel we are still scratching the surface and have a lot of work to do over next 10 years in India and globally,” said Peyush Bansal, chief