Persistence Capital Skips Lenskart IPO Amid ₹70,000 Crore Valuation Debate and Investor Scepticism
In a move that has stirred debate across India’s capital markets, alternative investment fund Persistence Capital publicly announced its decision to skip participation in the high-profile initial public offering (IPO) of eyewear retailer Lenskart. The fund’s candid disclosure, made via a post on X (formerly Twitter), has added fuel to the ongoing conversation around inflated…