Why investors are angry over Lenskart IPO?
A five-year compounded annual growth rate of 60%, an uncontested leadership in the domestic market, a fast-growing international business that accounts for 40% of revenue and a 70%-plus gross margin; that should set Lenskart and its founder Peyush Bansal for a breezy entry into public markets. But its INR70,000 crore valuation is now a [...]
