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Startup Street: Razorpay’s IPO Plans, Lenskart’s Profit Surge & Canva’s 1,271 Job Cuts | N18V

CNBC-TV184 Nov 2026

Razorpay gets SEBI approval for its proposed ₹5,000–6,500 crore IPO, with sources indicating a targeted valuation of $5 billion. Lenskart reports a 2.1x jump in Q2 FY27 profit, while Mohalla Tech sees revenue growth but widening losses. OneStack raises ₹12.5 crore to expand its banking technology business. Meanwhile, Canva announces a major restructuring impacting 1,271 employees.