Since their collaboration, GeoIQ has facilitated the launch of over 900 profitable stores across 200+ cities, reducing non-performing stores by 50 percent. GeoIQ tailored its services for Lenskart, offering data-driven strategies for store expansions, revenue estimation for prospective sites, enhanced expansion plans, prevention of cannibalization, and rental benchmarking.
Ankita Thakur, Cofounder & Chief Data Officer, GeoIQ, stated, “Lenskart has been an early supporter and valued partner for GeoIQ, and we are proud of the scale we’ve unlocked for them.
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