Lenskart, an India-based eyewear manufacturer, distributor and retailer, has raised INR4 billion (approximately US$60 million) in a Series D round led by development finance institution International Finance Corporation (IFC). Additional investors in the round included private equity firms TPG Growth and Adveq Management, venture capital firm IDG Ventures India and two individual investors. IFC contributed US$25 million to the round. Lenskart plans to use the fresh capital to improve its technology, supply chain and lens manufacturing, and to expand into smaller cities in India.