NEW DELHI: SoftBank has invested about $231 million (Rs 1,645 crore) in Lenskart Solutions after months of negotiations with the eyewear solutions company. The Japanese group will back the Faridabad-based company, now valued at $1.5 billion from its second Vision Fund The financing round was first reported by ET in its edition dated May 27.

— The Economic Times

Rajaram Legal advised Lenskart Solutions Private Limited, Chiratae (formerly IDG Ventures) and Ronnie Screwvala’s Unilazer Ventures led by a team of Rajaram Legal advised Lenskart Solutions Private Limited as well as existing investors, Chiratae (formerly IDG Ventures) and Ronnie Screwvala’s Unilazer Ventures, led by managing partner Archana Rajaram, along with senior associate Tanish Gupta and associate Vedanta Chakrabarty.

Shardul Amarchand Managaldas acted for Softbank led by partner Raghubir Menon along with principal associate Deepa Rekha and senior associate Pragya Seth.

White & Case advised Softbank, led by partner Emmie Jones and associate Disha Chandrachud.

2019-12-21

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