Alpha Wave Ventures Sells Lenskart Stake For ₹1,857

Inc42 · startup

Alpha Wave Ventures has sold its stake in Lenskart, amounting to ₹1,857 crore. The investment firm offloaded 2.94 crore shares through block deals. This move signifies a continued dilution of shareholding by early backers in the eyewear retailer. Such transactions are common as early investors seek to realize returns on their investments and diversify their portfolios.