Nothing and Optiemus Infracom form $100M joint venture in India

Myntra surged to a record ₹548 crore net profit in FY25 (up 18X YoY), driven by 18% revenue growth, a focus on Gen Z shoppers, and a diversified model spanning marketplace services, logistics, and advertising. Read More: https://lnkd.in/dVK9jrnd #StartupGossips #StartupNews #Myntra #StartupIndia #Startup #StartupUpdates #entrepreneurship #Entrepreneur #Founder

👓 A clear vision for #India’s next big IPO! 🚀🇮🇳 👓 Lenskart.com, India’s leading Omnichannel #eyewear brand, has received SEBI approval to launch its much-anticipated Initial Public Offering (IPO) — marking a major milestone in its growth journey from startup to market leader. 📈✨ 🔰The approval comes just two months after its DRHP filing in July 2025. The IPO will feature a fresh equity issue worth ₹2,150 crore and an Offer for Sale (OFS) of up to 13.2 crore shares by existing investors. ✨The OFS will see participation from marquee investors including SoftBank, Temasek, Schroders Capital, Premji Invest, Kedaara Capital, and Alpha Wave Global, with SoftBank set to offload the largest stake. Co-founder & CEO Peyush Bansal will also sell 2.05 crore shares. 💰 Utilization of funds: 👉The proceeds from the fresh issue will go toward opening new CoCo stores, funding technology and brand marketing, supporting business expansion, and other corporate purposes. 📊 Financial growth: 🔹Lenskart reported a 22.6% YoY revenue jump to ₹6,653 crore in FY25 (from ₹5,428 crore in FY24) and turned profitable with a ₹297 crore net profit, a remarkable turnaround from a ₹10 crore loss in FY24. 🔹Backed by over $1.8 billion in total funding, Lenskart’s top investors include SoftBank (15.04%) and Abu Dhabi Investment Authority (12.45%). 💠👓📈🇮🇳 With SEBI’s nod, Lenskart joins the IPO queue alongside boAt, Groww, Pine Labs, and Capillary Technologies, reflecting growing investor appetite for India’s new-age consumer tech and retail brands. 🌟 💻Visit Our Website🌐 for More Details: https://scoopearth.in/👇 🎯To publish startup news, stories, funding updates, and business news, reach us at: 👉info@scoopearth.in 👉support@scoopearth.com #Lenskart #IPO #StartupIndia #IndianStockMarket #PeyushBansal #SoftBank #Temasek #RetailInnovation #Eyewear #ConsumerTech #IndianStartups #MakeInIndia #SEBI #GrowthStory #BusinessNews #Entrepreneurship #Sustainability #IndianStartups #startupUpdates #Startups #Innovation #IndiaEconomy #viralpost #scoopearth #scoopearth.in

The Securities and Exchange Board of India (Sebi) has permitted eyewear retailer Lenskart’s draft red herring prospectus (DRHP) for an initial public offering (IPO), Moneycontrol reported on Friday, citing sources. The IPO aims to raise ₹2,150 crore through fresh issuance of shares, with current investors and company founders subsequently selling up to 132.3 million existing shares. Shareholders set to divest their holdings include Lenskart co-founders Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi, along with investors such as SoftBank’s SVF II Lightbulb (Cayman) Limited, Schroders Capital Private Equity Asia Mauritius Limited, PI Opportunities Fund-II, Macritchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP. Including secondary sales, Lenskart’s total IPO size is expected to be Rs 7,500-8,000 crore ($850-900 million), making it one of the largest public offerings this year after Tata Capital and LG Electronics. Lenskart’s IPO is set to be the largest among new-age Indian firms going public this year. Stockbroking firm Groww, e-commerce platform Meesho, payments company PhonePe, and edtech startup PhysicsWallah are also preparing large listings, but have opted for SEBI’s confidential filing process. Lenskart turned profitable in FY25, posting a net profit of Rs 297 crore compared with a net loss of Rs 10 crore in FY24. Its revenue surged 22% to Rs 6,625 crore from Rs 5,428 crore in the previous year. The Gurugram-based company won Startup of the Year at the ET Startup Awards 2024, and plans to use around Rs 272 crore from the IPO proceeds to build new stores in India. As reported by The Times of India, around Rs 591 crore will be utilised towards leasing, rental, and other expenses of its existing 2,700-plus stores. An undisclosed portion of the funds has also been earmarked for acquisitions. #startuppedia #startupJourney #startupnews #startupstory #startupstory #sebi #lenskart

Flipkart has received approval from a Singapore court to shift its holding structure back to India, a long-anticipated “reverse flip” aimed at aligning operations with its largest market. The move is expected to simplify compliance, open doors to potential domestic listing opportunities, and strengthen its presence in India’s booming e-commerce sector. Industry experts believe this transition could enhance investor confidence and streamline governance, positioning Flipkart for future growth and closer engagement with Indian regulators and capital markets. #Flipkart #EcommerceIndia #CorporateRestructuring #ReverseFlip #StartupIndia #Entrepreneur #entrepreneurs #entrepreneurlife #entrepreneurship #entrepreneurlifestyles #entrepreneurmindset #mindset #business #businessmindset #sharktankindia #marketing #money #idea

We Deliver in 7 Minutes. Here's How We Broke E-Commerce | Zepto's Director Reveals All They said it was impossible. Zepto did it anyway. 7-minute delivery. No compromise on quality. And they're making money doing it. Ashul Sharma, Director of Operations at Zepto, just exposed the exact playbook they used to disrupt a trillion-dollar industry—and why traditional e-commerce is already dead. 🔥 What You'll Learn: - The real reason Zepto crushes Amazon & Flipkart on speed (it's not what you think) - How they cracked the "impossible triangle" of speed + cost + experience - The controversial tech + human formula that skeptics said would never scale - Why customer obsession isn't a buzzword—it's their secret weapon - The brutal truth about AI in commerce (spoiler: it's not replacing humans) ⚡ Perfect For: - MBA students who want to build the next unicorn - Professionals tired of corporate BS theories - Entrepreneurs ready to disrupt their industry - Anyone who thinks "fast delivery" is just a gimmick The Indian e-commerce market is barely 5% penetrated. The war has just begun. This isn't another boring business lecture. This is a masterclass from someone fighting in the trenches of India's most competitive market—and winning. 📍 Presented by Jaipuria Institute of Management | www.jaipuria.ac.in #Zepto #QCommerce #Startup #BusinessStrategy #Entrepreneurship #MBA #ZeptoDelivery #StartupIndia #EcommerceIndia #Innovation #Leadership #TechStartup #CustomerFirst #LastMile #ScaleUp #Unicorn

Zypp Electric Deploys 500 EVs Under FOCO Franchise Model, Promises Up to 100% ROI for Investors “EV rental startup Zypp Electric has successfully deployed 500 electric scooters worth ₹2.5 crore under its newly launched Franchise Owned Company Operated (FOCO) model, offering a new investment opportunity in India's booming green mobility sector. Launched in July 2025, the model allows individuals, high-net-worth investors, family offices, and institutions to earn assured returns of 59% to 100% over three years.” https://lnkd.in/gEhnKxaa Zypp Electric ENEOS Gogoro IAN Fund Venture Catalysts #Zomato #Zepto #Swiggy #Amazon #Rapido #Blinkit #BBNow #FOCO #EV #Franchise

Pernia’s Pop-Up Shop has filed its Draft Red Herring Prospectus (DRHP) with SEBI, aiming for an IPO worth ₹660 crore. The fashion and lifestyle brand, known for curating designer collections and exclusive shopping experiences, plans to use the proceeds to expand its retail footprint and strengthen online operations. Investors are showing keen interest in the company’s growth trajectory, reflecting confidence in India’s organized fashion market. The IPO marks a significant milestone for luxury retail startups in the country. #entrepreneur #entrepreneurs #entrepreneurlife #entrepreneurship #entrepreneurlifestyles #entrepreneurmindset #mindset #business #businessmindset #sharktankindia #marketing #money #idea #startupIPO #fashionindustry #luxuryretail #PerniasPopUpShop #retailnews #IndiaIPO #designerbrands #businessgrowth #investornews

𝐋𝐞𝐧𝐬𝐤𝐚𝐫𝐭’𝐬 ₹𝟕,𝟓𝟎𝟎–𝟖,𝟎𝟎𝟎 𝐜𝐫 𝐈𝐏𝐎: 𝐖𝐡𝐲 𝐭𝐡𝐢𝐬 𝐦𝐚𝐭𝐭𝐞𝐫𝐬 𝐛𝐞𝐲𝐨𝐧𝐝 𝐞𝐲𝐞𝐰𝐞𝐚𝐫 India’s startup ecosystem is set to witness one of its biggest milestones with Lenskart’s ₹8,000 crore IPO, cleared by SEBI. This isn’t just about eyewear - it’s about signaling confidence in India’s consumer-tech sector at a time when public markets are demanding stronger governance, profitability, and transparency. The IPO includes around ₹2,150 crore of fresh #capital, with the balance from existing investors selling stakes. Beyond strengthening Lenskart.com’s balance sheet, this move recycles capital back into the ecosystem, giving a boost to other startups looking for #funding. 𝐖𝐡𝐚𝐭 𝐦𝐚𝐤𝐞𝐬 𝐭𝐡𝐢𝐬 𝐦𝐨𝐦𝐞𝐧𝐭 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐦𝐚𝐭𝐮𝐫𝐢𝐭𝐲 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭. With SEBI tightening IPO disclosure norms and RBI ensuring stable macro-financial conditions, investors now trust that startup IPOs are not just about growth stories, but also about sustainable #businessmodels. The success of this issue will create a roadmap for many new-age companies waiting to list. For India’s economy, such large IPOs channel household savings into productive assets, reduce reliance on foreign capital, and deepen domestic capital markets. For startups, it validates the path from private capital to public ownership, encouraging sharper focus on cash flows, governance, and value creation. 𝐂𝐨𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐑𝐞𝐦𝐚𝐫𝐤𝐬: If executed well, Lenskart.com’s IPO can be the bellwether for a disciplined tech-listing cycle - recycling venture capital, rewarding governance, and strengthening India’s reputation as the world’s most vibrant public market for new-age companies. 𝐄𝐦𝐛𝐚𝐫𝐤 𝐨𝐧 𝐘𝐨𝐮𝐫 𝐈𝐏𝐎 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐰𝐢𝐭𝐡 𝐂𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐜𝐞  At Panchal S K & Associates, we specialize in guiding startups and enterprises through every stage of their IPO; ensuring compliance, valuation, documentation, and a successful listing. Ready to take your company public? Connect with us today and turn your IPO aspirations into reality. CA Swati Panchal CA KRUPAL PANCHAL #ipo #capital #investors #indianeconomy #startupecosystem #startups #governance #publicmarket #sebi #investmenthub #investmentstrategies #cashflow #compliances #valuation #documentation #enterprises

Blinkit’s festive test has arrived. Warehouses are running at full capacity, inbound orders are on hold till October 31, and sellers are racing to secure dispatch slots. Just weeks after shifting to an inventory-led model, Blinkit’s push for control and higher margins faces its first real stress test right in the middle of India’s busiest shopping season. With revenue up 155% and gross order value crossing ₹11,800 crore, growth isn’t the issue. Sustainability is. Can Blinkit keep its promise of “10-minute delivery” when its own supply chain is running out of room? 🔗 Read the full explainer by Alka Jain to know more. #LinkInComments Blinkit #Blinkit #QuickCommerce #EcommerceIndia #FestiveSeason #RetailTrends #Logistics #SupplyChain #Startups #BusinessStrategy #OutlookBusiness

Streetwear in India is finding its own identity .. Bengaluru-based Untamed Streetwear, founded in July 2023 by 22-year-old Nandan Renukappa, is making waves. What started as a college experiment is now a growing business — built not on fashion expertise, but on pure entrepreneurial instinct. From food ventures to logistics, Nandan’s hustle shaped the foundation of Untamed. A sign that India’s youth-driven streetwear culture is no longer borrowed — it’s being built here. #Streetwear #IndianStartups #Entrepreneurship #YouthCulture #ApexADSMedia #FashionBusiness #StartupIndia #BrandBuilding #D2C #InnovationInIndia #LinkedInNews #digital