Offer for sale: How startup founders have been raking in the moolah from IPOs

Lenskart’s Rs 7,300-crore IPO, valuing the company at Rs 70,000 crore, will see founders earn nearly Rs 1,200 crore via an offer for sale. Many new-age startup founders, like Meesho and Physics Wallah, are selling shares for liquidity, while others, including Swiggy and BlueStone founders, have retained their stakes.