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Singapore’s sovereign wealth fund Temasek sells 2.05% stake in Lenskart for Rs 1,940 crore

  • July 14, 2026
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Singapore state investor Temasek has diminished its holding in Indian eyewear retailer Lenskart Options after promoting a 2.05% stake within the firm. MacRitchie Investments bought a cumulative 35.7

Singapore’s sovereign wealth fund Temasek sells 2.05% stake in Lenskart for Rs 1,940 crore


Singapore state investor Temasek has diminished its holding in Indian eyewear retailer Lenskart Options after promoting a 2.05% stake within the firm.

MacRitchie Investments bought a cumulative 35.7 million shares via a collection of open-market transactions, together with roughly 7.27 million shares on 10 July, based on a stock-exchange disclosure dated 14 July.

The sale diminished MacRitchie’s direct holding in Lenskart to 2.21% from 4.26%.

Temasek’s mixed curiosity, together with shares held via Jongsong Investments and V-Sciences Investments, declined to 4.75% from 6.8%.

The submitting didn’t disclose the proceeds from the sale. Primarily based on Lenskart’s closing share value of about Rs 544 on 10 July, the shares have been value an estimated Rs 19.4 billion, or round $200 million.

Temasek first invested in Lenskart in July 2021, when it led a $220 million funding spherical alongside Falcon Edge Capital, now referred to as Alpha Wave International. The deal valued the corporate at $2.5 billion.

The most recent transaction follows a number of giant share gross sales by Lenskart’s early traders for the reason that eyewear retailer was listed on the inventory market in November 2025.

In Could, traders together with TR Capital, KKR-backed Birdseye View Holdings, Alpha Wave Ventures and ABG Capital bought a mixed 6.46% stake for about Rs 53.14 billion.

A SoftBank entity bought 3.25% of Lenskart for Rs 28.73 billion in June. Abu Dhabi Funding Authority-backed Platinum Jasmine A 2018 Belief later bought a stake of about 2.3% for Rs 19.6 billion.

In its outcomes for the quarter ending in March, Lenskart reported pro-forma income of Rs 25.16 billion, a rise of 40.6% from a 12 months earlier.

Adjusted PAT rose by 164.7% to Rs 2.04 billion on the identical foundation. Lenskart stated the comparability excluded a one-off, non-cash fair-value achieve recorded within the earlier monetary 12 months.

The corporate sells eyewear via its digital platforms and a community of bodily retailers in India and abroad. It reported 3,327 energetic shops on the finish of the 2026 monetary 12 months.