Lenskart and Meesho together delivered gains of about $394 million for SoftBank's Vision funds, according to the investor's latest earnings presentation, released on Tuesday.
Lenskart contributed $273 million, the highest return among the Vision funds' listed investments. Meesho added $121 million. The two companies are among the Indian names in the funds' listed portfolio.
The figures arrive as SoftBank continues to monetise its Indian investments. The group has sold shares worth more than Rs 9,300 crore, a sign that it is turning paper gains on Indian holdings into realised proceeds.
The numbers matter because public-market performance has become a key test for late-stage investors in Indian consumer technology. Lenskart and Meesho now sit in SoftBank's listed book, where their valuations are visible to the market and the gains can be measured and, where the investor chooses, realised.
For SoftBank, the two companies stand out within a listed portfolio that spans several markets. Lenskart's $273 million was the largest single return among the Vision funds' listed investments in the presentation.
The earnings presentation does not change the picture on the pace of future sales. What it does show is that SoftBank's India exposure is contributing meaningfully to the Vision funds' results while the group reduces its stake in parts of that portfolio.
