India, June 13 -- A fund managed by US-based financial services major Fidelity Investments has reportedly marked up thevaluation of IPO-bound omnichannel retail eyewear major LensKart.

As per an ET report, the new valuation marks a 21% increase from the previous $5 billion assessment at which Fidelity had purchased shares in Lenskart.

The updated figure was revealed in Fidelity's latest monthly portfolio holdings update as of April 30.

Crossover funds like Fidelity, which invest in publicly listed and privately held companies periodically review the performance of their portfolio on the basis of their financial statements and comparable growth with other peers.

Fidelity joined the captable of the Piyush Bansal-led unicorn last year wh...