Ratan Tata Is Exiting Lenskart after 5 Years With 4 Times The Return; Know more

Ratan Naval Tata is an Indian industrialist, philanthropist, and former chairman of Tata Sons. He was also chairman of Tata Group, from 1990 to 2012. To date, he continues to head the Tata group’s charitable trusts.

Ratan Tata, who is also known for his investments in the country’s growing startup ecosystem, is reportedly set to make an exit from one of the companies with a massive profit.

According to reports, Tata will see a 28 times return on his investment of ₹10 lakh in eyewear retailer Lenskart from 2016. However, sources close to Tata have confirmed that the return on his investment would be 4.6 times.

Overall Tata has investments in over 20 Indian startups in his personal capacity including the likes of Ola, Ola Electric, Cure. fit, FirstCry, Urban Company. According to Hurun Rich List, Tata’s net worth is currently ₹6000 crore.

Lenskart has raised $459.6 million across equity and debt round to date.