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Criticism isn’t always a bad thing, Lenskart chief executive Peyush Bansal said, reacting to comments on IPO overvaluation in a fireside chat with ETtech editor Samidha Sharma. “Shark Tank has somewhat trained me for the public world.”
The omnichannel eyewear retailer seems set for a Rs 7,300-crore initial public offering (IPO), which is expected to value Lenskart at nearly Rs 70,000 crore when it gets listed on the exchanges on November 10.
The company’s valuation has resulted in intense public scrutiny and sharp comments on social media.
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