Lenskart Shares Rise on South Korean Startup Investment Update
2 hours agoBusiness
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Lenskart Shares Rise on South Korean Startup Investment Update

Lenskart Solutions' share price saw a gain of nearly 4% on Friday following an announcement of its Singapore subsidiary's investment in iiNeer Corp., a South Korean startup. Lenskart Singapore will acquire a 29.24% stake in iiNeer for approximately KRW 3 billion (around 18.6 crore), which focuses on technology for eye-testing and lens-cutting equipment. The company's stock traded higher, indicating investor interest despite a slight retreat from its peak.

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