Lenskart Gold added Rs 50.5 crore in revenue during the quarter and 37 percent of total sales came from the membership programme. There were a total of 8.1 million Gold members as on the end of Q3FY26.
The high-school STEM platform is live in India and the US and is currently free, as the founders test a mastery-first approach to AI-driven learning, Ranjan tells Moneycontrol
Anand Rathi is bullish on Bansal Wire Industries has recommended buy rating on the stock with a target price of Rs 360 in its research report dated January 21, 2026.
Stocks to Watch, 20 January: Stocks like LTIMindtree, Tata Capital, Havells India, Ceat, Oberoi Realty, Bansal Wire Industries, Sai Silks Kalamandir, Aditya Birla Fashion and Retail, Aditya Birla Lifestyle Brands, UPL, and Ola Electric Mobility will be in focus on January 20.
In his argument, Bansal had also stated that since he has lived in Singapore, and not India, he is not liable to pay capital taxes on the income he earned by selling his shares in Flipkart.
Jyoti Bansal, IIT Delhi graduate and former AppDynamics founder, launched AI-based Harness after selling his first company, raising $240 million and valuing him at $2.3 billion, cementing his billionaire status.
Navi is chasing profitability as it is looking to launch an IPO in the next fiscal and the fintech has been moving in that direction over the past six months, Naresh tells Moneycontrol
The eyewear retailer says rising first-time diagnoses, deeper penetration and higher purchase frequency will push India to 389 million annual pairs sold by FY30.
Total expenses for the Gurugram-based firm increased 18 percent to Rs 1,980.3 crore in the quarter ended September, up from Rs 1,671 crore a year ago and Rs 1,836.6 crore a quarter ago.
On the eve of Lenskart’s listing, founder and CEO Bansal, in a letter, reflects on the company’s 15-year journey from a Delhi startup to a global eyewear brand
Backed by Flipkart and Eight Roads, the logistics firm has turned profitable ahead of its Rs 2,000-crore IPO but high client dependence, rising lease costs and gig workforce challenges could test its delivery on the bourses
The move follows RK Damani’s Rs 90-crore pre-IPO investment; Moneycontrol was the first to report on SBI MF’s planned investment earlier this month.
While he has not decided if he will publish a book, and a name for it yet, Bansal said when he begins to work on the idea, he would title it “Vision for Billion”.
Lenskart acquired Owndays in Japan and Stellio in Spain to grow its international presence. The Middle East and regions like Singapore are key to the company’s next phase of growth, says the CEO
Even if it is Rs 5,000 crore, we can give vision to 50 percent of India and that is a sizable impact to create and so our job is not changing because of that, Peyush Bansal, CEO and co-founder, Lenskart, told Moneycontrol in an interview.
In a freewheeling chat with Moneycontrol, Peyush Bansal, CEO and co-founder of the company said it doesn't matter to him what the total addressable market (TAM) is beyond a certain point. "I don't get into this, I don’t track it. I think this is an analyst’s job."
Eyewear retailer posted a strong quarterly performance led by store expansion and international growth
The eyewear retailer’s updated filing details a sharper issue structure, revised utilisation of funds, and confirmed IPO timeline, as it gears up for one of the year’s biggest consumer internet listings.
Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size