Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.
In the second edition of Global Chess League, each team will play a total of 10 matches in a double round-robin format, with the winner of each match being decided in a best-of-six board scoring system.
He started a fund with Rs 800 crore and made several investments.
The Indian startup, which was already working as a partner with Twitter, offers services like missed calls for user verification and alerts to its customers.
The eyewear market in India is worth $3 billion.
Start-up entrepreneurs nearly doubled their contribution to philanthropy in 2022 but their numbers shrank. They decreased to only three (from five) in the top 100 of the Edelgive Hurun India Philanthropy List of 2022 which was released on Thursday. Over the year, no new start-up whizz kid joined the list either. The three start-up entrepreneurs who made it to the list contributed collectively Rs 166 crore in FY22, nearly double that of Rs 83 crore in FY21.
"If telecom changed the game for how business was done in India, then we need 20 more of those systemic game-changers to take us to the next level," Ronnie Screwvala tells Pavan Lall.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
Over the past two years, Tata has invested in over 20 start-ups
Besides a great idea, it takes pluck, and some luck, to get going.