Lenskart Nears Majority Stake Acquisition in GeoIQ Ahead of IPO

Lenskart is finalizing a deal to acquire a majority stake in GeoIQ, a geospatial data startup it previously backed. Valued at $15–20 million, the move comes ahead of Lenskart’s $1B IPO. GeoIQ, known for its location-based consumer insights, already serves top brands like Zepto, Swiggy, and HUL. Most early investors are expected to exit.

Read more on: Entrackr

Omada Health Pops 21% in Nasdaq Debut, Hits $1B+ Valuation

Omada Health Soars 21% on Nasdaq Debut, Opening at $23 Following $19 IPO Pricing. The virtual chronic care startup raised $150M by selling 7.9M shares, now trading under “OMDA.” With revenue up 57% YoY, Omada joins a small wave of healthtech IPOs, following Hinge Health. Backed by a16z and Fidelity, the company is now valued over $1B.

Read more on: CNBC

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