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ChrysCapital’s Kunal Shroff says Lenskart IPO will ‘stack up well’ as investors debate Rs 70,000-crore valuation
Leading homegrown private equity firm ChrysCapital, which is one of the backers of IPO-bound Lenskart, is bullish on the Peyush Bansal-led eyewear retailer’s public market debut scheduled for November 10.
“Look, I will be bullish because I invested in the company and we love the business. I think it will be a good IPO, actually. The business is great. The runway is great. The lead over the rivals is very good, ” Kunal Shroff, Managing Partner, ChrysCapital, told Moneycontrol in an interaction on November 4, post the successful closure of its latest fund, ChrysCapital X, at a record $2.2bn, the biggest ever by an India-focused private equity firm. (Read More)
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