Moneycontrol
HomeNewsBusinessStartupSoftBank’s Sumer Juneja exits Lenskart board; INDmoney’s Ashish Kashyap, PaySense’s Sayali Karanjkar join ahead of IPO
Trending Topics

SoftBank’s Sumer Juneja exits Lenskart board; INDmoney’s Ashish Kashyap, PaySense’s Sayali Karanjkar join ahead of IPO

The appointment of two entrepreneurs to the board is aimed at strengthening Lenskart's governance ahead of its public listing

July 28, 2025 / 11:21 IST
Story continues below Advertisement
SoftBank’s Sumer Juneja exits Lenskart board

SoftBank's Sumer Juneja has stepped down from the board of omnichannel eyewear brand IPO-bound Lenskart, making way for two new independent directors — Ashish Kashyap, founder of INDmoney, and Sayali Karanjkar, co-founder of PaySense.

The changes were approved at the company’s annual general meeting on July 26 and signals a broader board-level reshuffle, as the company moves towards a publicly listed entity.

Story continues below Advertisement

Typically, SoftBank steps down from the board of companies preparing to go public, or shortly after listing, like  it did in companies such as Swiggy, Meesho, PB Fintech and Paytm.

The two appointments are part of Lenskart’s efforts to align with public market governance norms and bring in experienced external oversight.