New Delhi, July 14 -- Singapore's sovereign wealth fund Temasek has sold a 2% stake in Peyush Bansal-led Lenskart Solutions Ltd through an open-market transaction on 10 July, according to a stock exchange notification dated 14 July.

The transaction, worth an estimated Rs.1,940 crore (around $200 million), was executed through its subsidiary MacRitchie Investments Pte. Following the sale, Temasek's holding in the eyewear retailer declined to 4.75% from 6.8%.

On 10 July, Lenskart's stock closed at Rs.543.65 on the National Stock Exchange.

Temasek first invested in Lenskart in July 2021, leading a $220 million funding round alongside Falcon Edge Capital (now Alpha Wave Global). The funding round valued the eyewear retailer at $2.5 billion...