Lenskart losses rise 78% to ₹113 crore in 2016
Eyewear startup Lenskart's losses rose by 78% to ₹113 crore in 2016 from a year ago, according to documents filed with Registrar of Companies. However, Lenskart's revenue jumped 63% to ₹99 crore during the period. Lenskart was one of the most funded startups of 2016 after raising ₹600 crore from Ratan Tata, World Bank arm IFC and others.