Lenskart, an omnichannel eyewear retailer, plans to file draft papers for its IPO by May 2025, targeting a 86,765 crore rupee (US$10 billion) valuation, double its last funding round.

The company has engaged Kotak Mahindra Bank and Morgan Stanley as underwriters for the IPO, expected to take place in Mumbai.

However, Lenskart has not officially confirmed these plans.

Updates are anticipated as more details emerge.

Recent Lenskart developments