<p>The Abu Dhabi Investment Authority (ADIA) is reportedly in talks with eyewear brand Lenskart to invest $350-$400 million at a valuation of $4.5 billion<em>.</em></p>.<p>The investment, once it goes through, could give ADIA 10 per cent stake in Lenskart, according to a <a href="https://economictimes.indiatimes.com/tech/startups/adia-looks-to-invest-400-million-in-lenskart-at-4-5-billion-valuation/articleshow/96155090.cms" target="_blank">report</a> in <em>The Economic Times, </em>citing people aware of the matter<em>.</em></p>.<p>The investment will likely be through a secondary sale of shares with a small primary round consisting of growth equity at a $4.5 billion valuation, the report said.</p>.<p>Details on investors and who would dilute their stake and by how much, are yet to materialise and an official announcement is expected in a couple of weeks, the report said.</p>.<p>Started in 2010, Lenskart has an operational manufacturing unit in Haryana. It also operates in the United States, Singapore and the United Arab Emirates.</p>.<p>KKR & Co Inc -backed Lenskart had earlier this year acquired a majority stake in Japanese eyewear brand Owndays.<br /><br /><em>(With agency inputs)</em></p>
<p>The Abu Dhabi Investment Authority (ADIA) is reportedly in talks with eyewear brand Lenskart to invest $350-$400 million at a valuation of $4.5 billion<em>.</em></p>.<p>The investment, once it goes through, could give ADIA 10 per cent stake in Lenskart, according to a <a href="https://economictimes.indiatimes.com/tech/startups/adia-looks-to-invest-400-million-in-lenskart-at-4-5-billion-valuation/articleshow/96155090.cms" target="_blank">report</a> in <em>The Economic Times, </em>citing people aware of the matter<em>.</em></p>.<p>The investment will likely be through a secondary sale of shares with a small primary round consisting of growth equity at a $4.5 billion valuation, the report said.</p>.<p>Details on investors and who would dilute their stake and by how much, are yet to materialise and an official announcement is expected in a couple of weeks, the report said.</p>.<p>Started in 2010, Lenskart has an operational manufacturing unit in Haryana. It also operates in the United States, Singapore and the United Arab Emirates.</p>.<p>KKR & Co Inc -backed Lenskart had earlier this year acquired a majority stake in Japanese eyewear brand Owndays.<br /><br /><em>(With agency inputs)</em></p>