Alpha Wave Ventures sells Lenskart shares worth ₹1,705 crore
In short
Alpha Wave Ventures sold 2.64 crore Lenskart shares in a bulk deal on October 12. The reported deal value was ₹1,705 crore.
This matters because it is a large sale by an early backer of Lenskart. The reporting does not say who bought the shares or why the stake was sold.
What the reporting says
Alpha Wave Ventures sold 2.64 crore Lenskart shares in a bulk deal on October 12, according to a publisher-supplied summary. The reported value of the sale was ₹1,705 crore. The available reporting does not state the buyer, pricing details, or why the investor sold the stake, leaving the market impact and timing of any further exits unclear.
Why it matters
Alpha Wave Ventures sold 2.64 crore Lenskart shares in a bulk deal, with the transaction valued at ₹1,705 crore, based on publisher-supplied reporting. The sale involves an early backer of Lenskart, which makes it relevant to the company’s shareholder mix and market sentiment. The available reporting does not identify the buyer, the sale price per share, or any stated reason for the transaction.