Eyewear brand Lenskart is in discussions to raise between $350 million and $400 million from the sovereign wealth fund Abu Dhabi Investment Authority (ADIA) at a post-money valuation of $4.5 billion.
With this investment, ADIA will most likely own 10% of Lenskart. According to sources, the transaction will take the form of a secondary sale of stakes with a primary round involving growth equity. The news comes nearly a month after Inc42 reported that Lenskart had received $39.6 million in funding from Chiratae Ventures, DSP India Fund, and Axis Bank’s Axis Growth Avenues AIF-I.
Biotech Funding Alert ByStartupStory | November 11, 2025 BioactivX, a Singapore-based biotech startup specializing in advanced wound care solutions, has successfully raised $1.4 million in seed funding. The round was led by Cocoon Capital, a prominent early-stage venture… Source link
Digital lending startup Finnable has raised Rs 250 crore this August in a funding round led by Z47 (formerly Matrix Partners) and TVS Capital. This is the company’s second tranche, with the first Rs 250 crore being infused by the same investors back in November 2024. Post this round, the total capital raised by the Bengaluru-based lending startup stands at Rs 540 crore. The MEMG family office, led by Ranjan Pai, has also invested in the company. The firm plans to invest the fresh funds in technology, expand its branch network, and build new product… Source link
Greenfi, an AI-powered ESG risk management platform, has raised its first round of $2 million led by Transition VC. The Kerala-based startup’s artificial intelligence (AI)-powered environmental, social, and governance (ESG) compliance tool helps companies automate risk management and provide personalised, role-based recommendations on improving the user’s sustainability performance and addressing flagged risks. For instance, if a bank is investing $100 million in a solar power plant project, instead of having 20 people manually collecting data… Source link
