StockWatch
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Speciality Retail
Acquisitions9 Jun 2026, 11:11 pm

Lenskart Acquires Remaining 3% in Quantduo, Makes it Wholly-Owned

AI Summary

Lenskart Solutions Limited has acquired an additional 3% stake in Quantduo Technologies Private Limited, increasing its total shareholding to 100%. This acquisition, along with a prior 4.65% stake purchase on March 16, 2026, makes Quantduo a wholly-owned subsidiary of Lenskart. The total consideration for the 7.65% stake acquired since the last disclosure was INR 36.76 million. Quantduo operates in the technology industry and its business aligns with Lenskart's main line of business. The acquisition was completed on June 9, 2026.

Key Highlights

  • Lenskart now holds 100% of Quantduo Technologies Private Limited.
  • Quantduo has officially become a wholly-owned subsidiary of Lenskart.
  • Total consideration for the recent stake increase was INR 36.76 million.
  • The acquisition strengthens Lenskart's ownership and control over Quantduo.