Denemek ALTIN - Özgür
IPO-bound Lenskart sets sights on AI glasses
Business Standard
|July 05, 2025
Eyewear unicorn Lenskart has invested in Mumbai-based Ajna Lens, a deep-tech startup specializing in extended reality (XR) and AI-powered wearable tech.
The deal, the value of which remains undisclosed, marks Lenskart's first serious bet on AI-enabled smart glasses, and comes as it gears up for a $1 billion initial public offering (IPO) at reportedly $10 billion valuation.
Ajna's tech is likely to power the next generation of smart eyewear for Lenskart, which already offers "Phonic Smart Glasses" — Bluetooth-enabled glasses that allow users to take calls, play music and interact with voice assistants. But this new move takes the company deeper into wearables with AI and spatial computing at the core.
"This investment marks the next chapter in our smart glass journey," said Peyush Bansal, co-founder and chief executive officer (CEO) of Lenskart, which is based in Gurugram. "Our partnership with Ajna Lens strategically positions us to accelerate product innovation in this space."
Founded in 2014 and based in Thane, Ajna Lens won a CES Innovation Award in 2023 for its mixed reality headset, AjnaXR.
Bu hikaye Business Standard dergisinin July 05, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Business Standard'den DAHA FAZLA HİKAYE
Business Standard
FinMin in talks with Sebi, RBI on crypto exchanges
The Ministry of Finance (FinMin) is in discussions with the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) ahead of the Union Budget 2026-27 to firm up a regulatory framework for crypto exchanges, official sources said.
2 mins
January 14, 2026
Business Standard
Meta to fire 10% of VR unit staffers to focus on AI division
Meta plans to cut around 10 per cent of the employees in its Reality Labs division who work on products including the metaverse, according to three people with knowledge of the discussions, as the company shifts priorities to build next-generation artificial intelligence.
1 min
January 14, 2026
Business Standard
Training citizens out of reality
What use is infinite information if no one can tell truth from performance?
3 mins
January 14, 2026
Business Standard
Work-life balance tops job wish list for India's Gen Z
Infosys co-founder N R Narayana Murthy may still be extolling the virtues of a 72-hour work week. But Gen Z — broadly defined as those born between 1997 and 2012 — appears to be marching to a very different drumbeat: In a latest survey, nearly half of the 23,000 respondents from this age group said that the single most important factor when evaluating a job offer is, quite simply, “work-life balance”.
2 mins
January 14, 2026
Business Standard
German Chancellor visits Bosch campus in Bengaluru
German Chancellor Friedrich Merz's visit to the Bosch campus here on Tuesday underscored the deep economic and technological ties between India and Germany in the areas of mobility, manufacturing and innovation, the company said.
1 min
January 14, 2026
Business Standard
On table: Licence regime for corporate biz correspondents
The Reserve Bank of India (RBI) is likely to consider introducing a licensing regime for corporate business correspondent (BC) channels, a move that would bring currently unregulated fintech companies operating in the segment under the regulator's direct oversight, according to three people familiar with the matter.
2 mins
January 14, 2026
Business Standard
Elie Saab forays into Indian branded residence market with M3M group
ELIE SAAB IS PREPARING TO OPEN ITS FIRST READY-TO-WEAR BOUTIQUE SHOP IN INDIA LATER THIS YEAR
1 mins
January 14, 2026
Business Standard
Govt bonds won't be in Bloomberg Index, for now
Operational, mkt infra issues key reasons; next update by mid-2026
2 mins
January 14, 2026
Business Standard
Building partnerships
German Chancellor's visit raises hopes of EU FTA
2 mins
January 14, 2026
Business Standard
World Bank raises FY27 India growth forecast to 6.5%
‘The World Bank on Tuesday upgraded its FY27 growth forecast for India to 6.5 per cent from 6.3 per cent projected in October last year on the back of firmer domestic demand and export performance, which has proved more resilient than earlier expected.
2 mins
January 14, 2026
Listen
Translate
Change font size