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Alpha Wave trims Lenskart stake by 2.46 but analysts stay upbeat on growth prospects
Business
Published on 11 May 2026
A 2.46% sale sparks questions despite bullish forecasts
Alpha Wave Ventures has cut its stake in Lenskart by selling 2.46% in a major open market transaction. While the move signals a shift in the investor’s positioning, analysts argue Lenskart’s long-term outlook remains strong, pointing to revenue growth potential, scale benefits, and an improving path toward profitability.
- Alpha Wave Ventures sold 2.46% of its Lenskart stake
- The sale was executed via a major open market transaction
- Analysts still expect long-term growth for Lenskart
- Optimism is driven by revenue, scale, and improving profitability
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times