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Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

Posted on May 11, 2026
By Business News Today
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1 min read

Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. Despite the stake sale, analysts remain optimistic on Lenskarts long-term growth, citing strong revenue potential, operational scale and improving profitability outlook.