
NEW DELHI -- After months of speculation, Indian eyewear retailer Lenskart Solutions has raised about 16.45 billion rupees ($231 million) in a series G funding round led by Japanese behemoth SoftBank Group.
Lenskart passed a board resolution on Dec. 12 approving the allotment of 22,976,465 compulsorily convertible cumulative preference shares to SVF II (Cayman Islands) Lightbulb, a Cayman Islands-based entity that appears to be an investment vehicle of SoftBank Vision Fund, according to business signals platform Paper.vc.