Lenskart block deal; Meesho's kirana push

Acquisitions

Summary

Lenskart remains in focus after another large block deal drew major institutional buyers, including domestic mutual funds and global investors. The company’s recent quarterly update shows strong revenue growth, even though net profit declined. Meesho is acquiring Kirana Club for Rs 202 crore to deepen its reach into small retailers and broaden its commerce offering beyond consumers. The rest of the piece also covers new funding for SolarSquare and Equal AI, plus updates on SpaceX and Byju's legal issues.

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