SoftBank investment
Lenskart's Peyush Bansal: From LinkedIn Connections to Billion-Dollar IPO Success
Oct 17, 2025 12:36 pm CST
Peyush Bansal, the founder of Lenskart Solutions Ltd. and Shark Tank India judge, is approaching billionaire status as his eyewear company prepares for a $9 billion IPO in Mumbai. Founded over 15 years ago with LinkedIn connections, Lenskart has achieved profitability through innovative robotic production and digital customer experiences. With expansion across Southeast Asia and development of smart eyewear technology, Bansal's patient approach to business growth has attracted major investors like SoftBank amid India's evolving startup landscape.
OpenAI Reaches Record $500 Billion Valuation in Employee Share Sale
Oct 02, 2025 07:51 pm CST
ChatGPT developer OpenAI has achieved a record-breaking $500 billion valuation through a private share sale involving employees. With $4.3 billion in revenue for the first half of 2025, the AI company has attracted major investors including SoftBank, despite requiring massive future infrastructure investments. This valuation surpasses Elon Musk's SpaceX, making OpenAI the world's most valuable startup amidst continued investment in the generative AI sector.