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SBI Mutual Fund Leads ₹100 Crore Investment in Eyewear Expansion
A ₹100 crore infusion from SBI Mutual Fund into Lenskart underscores stronger institutional participation in private consumer ventures and supports the eyewear brand’s expansion across smaller markets.
The mutual fund major has injected ₹100 crore into eyewear leader Lenskart, valuing the firm near ₹7,700 crore. This capital infusion will help enhance distribution reach, improve manufacturing efficiency, and expand operations across emerging Indian cities. Market strategists noted that such transactions illustrate the growing crossover between public-market institutions and private consumer ventures. Analysts expect the move to strengthen confidence in India’s retail growth story while giving investors diversified exposure to scalable lifestyle and omnichannel retail businesses.