TR Capital and Hong Kong-based hedge fund Steadview Capital have undertaken a large secondary deal in Lenskart Solutions, marking the second such transaction in the company in the last five months. Apart from Steadview Capital, the transaction, estimated at $70-75 million, has also seen the entry of late-stage technology-focused investment firm Epiq Capital as the second new investor entering the company’s cap table. — The Economic Times

L&L Partners advised Steadview Capital led by a team of partners Sundeep Dudeja, Vaibhav Kakkar and Apurva Jayant, senior associate Avisha Gupta and associates Debarpan Ghosh and Isha Narain.

2018-05-04

Deal value: Approximately $ 24 million (INR163 crores)

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