Lenskart on verge of closing $250 mn funding round at $5 bn valuation

Softbank-backed unicorn Lenskart is on the verge of closing a $250 million funding round at $5 billion valuation within five months of raising $315 million at $2.5 billion, according to people close to the deal. The valuation is close to the market capitalisation of recently listed Warby Parker, an American online retailer of prescription glasses and sunglasses.