Ratan Tata to exit IPO-bound startup Lenskart: report

Ratan Tata to exit IPO-bound startup Lenskart: report
Ratan Tata to exit IPO-bound startup Lenskart: report

Ratan Tata, who invested eyeglasses in Chashma Lenskart in 2016, is exiting a Delhi-based IPO-bound startup, Entrackr reported. Lenskart's board passed a special resolution to convert preference shareholding upon receipt of a request for liquidation through a secondary sale by Tata, Entreck cited a regulatory filing. Tata is said to be out of Lenskart with a return of 28 times.

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