Lenskart acquires majority stake in Japanese eyewear brand Owndays

By on Comments Off on Lenskart acquires majority stake in Japanese eyewear brand Owndays

Lenskart, an Indian prescription eyewear retail chain, has reportedly acquired a majority stake in Owndays, a Japanese direct-to-customer (D2C) eyewear brand, for $400m.

The deal is expected to create one of the top online eyewear retailers in Asia. It will help Lenskart grow its footprint in Asia to 13 markets.

Lenskart is backed by investors such as SoftBank, KKR, TPG, and others.

See also  Sikhs for Justice threatens to paralyze Indian consulates in Canada
Lenskart acquires majority stake in Japanese eyewear brand Owndays
Lenskart acquires majority stake in Japanese eyewear brand Owndays. Photo courtesy of limorcohen from Pixabay.

  , , , , ,

Lenskart acquires majority stake in Japanese eyewear brand Owndays added by on
View all posts by pallavi123 →

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

See also  Nordstrom Rack expands presence in California with new Tarzana location