India, April 25 -- Singapore state investment firm Temasek and US-based Fidelity are in final discussions to infuse around $200 Mn into Lenskart through a secondary share sale, valuing the omnichannel eyewear unicorn at around $5 Bn.

The secondary sale of Lenskart may reach a valuation 11-12% higher than its previous $4.5 Bn, distinguishing it from customary transactions that often conclude at lower valuations, ET reported.

Temasek, which is already an existing investor in Lenskart, is set to lead the funding round with an investment of $125-150 Mn, Fidelity, in its first-time investment in the startup, will contribute the remaining amount.

In this latest funding round, early investors like TR Capital, KKR and Avendus are considering s...