Lenskart Co-founder Peyush Bansal is planning to secure a loan of ₹200 crore and buy shares in the startup at a valuation of $1 billion (₹8,500 crore), a report stated. The value is a tenth of its $10 billion (₹85,000 crore) targeted IPO valuation. If Bansal's plan is successful, then the company’s valuation will return to 2019 levels.