Investor Alpha Wave Ventures II has initiated a block deal to sell a 1.2% stake in Lenskart, valued at approximately $137 million (₹1,313 crore).
This move follows a series of exits by major investors, including SoftBank, which recently pared a 2.6% stake in the eyewear unicorn for ₹2,888 crore.
The secondary market activity reflects a broader trend of early-stage investors liquidating positions as Indian startups prepare for potential public listings.