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Lenskart Buys Remaining Stake in Quantduo for Rs 3.67 Crore
10 Jun
Summary
- Lenskart Solutions now fully owns Quantduo Technologies after acquiring the remaining stake.
- The total acquisition cost for the final 7.65% shareholding was Rs 3.67 crore.
- Quantduo Technologies specializes in advanced analytics solutions and recorded Rs 10.019 crore turnover in FY25-26.
Lenskart Solutions has finalized its acquisition of Quantduo Technologies, increasing its ownership from 92.35% to 100%. This move was completed through successive purchases of the remaining minority stake.
The company announced the acquisition of an additional 3% stake in Quantduo, following a prior acquisition of 4.65% on March 16, 2026. The aggregate consideration for the final 7.65% shareholding amounted to Rs 3.67 crore.
As a result, Quantduo Technologies is now a wholly-owned subsidiary of Lenskart Solutions. Quantduo operates in the advanced analytics solutions sector and reported a turnover of Rs 10.019 crore during the fiscal year 2025-26.
Lenskart Solutions is a prominent eyewear company known for its design, manufacturing, branding, and retail of prescription glasses, sunglasses, and contact lenses. The company recently reported a consolidated net profit decline of 8.49% to Rs 200.29 crore in Q4 FY26, despite a significant 46.62% surge in revenue from operations to Rs 2,515.71 crore for the quarter ending March 31, 2026.
