In a major development for India’s booming consumer start-up ecosystem, Lenskart and Wakefit have secured approval from the Securities and Exchange Board of India (SEBI) to launch their initial public offerings (IPOs). The two homegrown companies—one a pioneer in eyewear retail and the other a leading player in sleep and home solutions—are set to tap public markets to fund their next phase of growth. Their proposed listings signal a resurgence of investor confidence in India’s consumer-tech sector, following a cautious period for IPOs.