Lenskart Raises Nearly $20 Million with Major Contributions from Co-Founders Peyush and Neha Bansal

Eyewear retailer Lenskart has secured nearly $20 million in funding from its co-founders Peyush Bansal, Neha Bansal, Amit Choudhary, and Sumeet Kapahi. This marks their second investment in the company within the past seven months.

According to a regulatory filing accessed from the Registrar of Companies (ROC), Lenskart's board approved a special resolution to issue 695,875 CCPS at an issue price of Rs 2,300 each, raising Rs 160 crore (approximately $19.12 million).

Leading the round, Peyush Bansal contributed Rs 70.70 crore, while Neha Bansal invested Rs 70.39 crore. Amit Choudhary and Sumeet Kapahi added Rs 9.60 crore and Rs 9.35 crore, respectively.

This recent investment follows a previous round in December 2023, where Peyush and Neha invested Rs 29.89 crore and Rs 29.77 crore, respectively, alongside contributions from Choudhary and Kapahi.