Lenskart acquires majority stake in eyewear brand Owndays in $400 million deal – TechCrunch

India’s Lenskart is buying a majority stake in Japan’s Owndays, the two firms said, creating one of Asia’s biggest online retailers of eyewear. The firms did not disclose the financial terms of the deal, but a person familiar with the matter said the merger values 32-year business Owndays at $400 million. The 12-year-old Bengaluru-headquartered startup…