Alpha Wave Ventures Likely to Sell Rs 1,313-Crore Stake in Lenskart
27 Aug 2026Updated 19 days ago1 source
Alpha Wave Ventures is reportedly planning to divest a portion of its holdings in Lenskart through a block deal valued at approximately Rs 1,313 crore, according to reports. The proposed transaction represents about 1.2% of the eyewear retailer's existing equity, and the floor price for the transaction has been set.
NIKAN Intelligence
What happened
Alpha Wave Ventures is expected to sell a portion of its stake in Lenskart. The block deal is reportedly valued at Rs 1,313 crore.
Why it matters
The transaction indicates major secondary market activity and portfolio adjustments by prominent venture capital firms in the Indian startup ecosystem.
What we know
- The seller is likely Alpha Wave Ventures.
- The stake represents approximately 1.2% of Lenskart's existing equity.
- The total deal value is estimated at Rs 1,313 crore.
- The floor price for the block deal has been fixed.
What we don't know
- The specific floor price per share.
- The identity of the prospective buyers.
- The exact date when the block deal will be executed.
What's next
The execution of the block deal on the stock exchange and subsequent disclosure of the final transaction details.
Generated by NIKAN's analysis engine from the cited reports only. Nothing here is invented; gaps are shown as unknowns. Always read the original coverage linked below.
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