SoftBank books 7x returns as Lenskart emerges top India bet

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s stake has now fallen to 9.88%.