Lenskart IPO valuation faces growing backlash

Lenskart’s IPO has come under fire as multiple influencers, including Nalini Unagar, questioned how its valuation leapt from ₹8,700 crore in July to ₹70,000 crore in just three months. The controversy has sparked a broader debate among investors and analysts, with increasing calls for SEBI and Lenskart to clarify the sudden surge before the IPO launch.
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