NEW DELHI: Lenskart on Monday introduced the acquisition of Tango Eye, an AI-based pc imaginative and prescient startup.
With this acquisition, Lenskart plans to make use of visible synthetic intelligence expertise in enhancing retailer expertise in addition to its product expertise.
The corporate has additionally been an early investor in Tango, and the acquisition strengthens Lenskart’s dedication in direction of leveraging expertise to unravel enterprise issues and delight prospects, the corporate mentioned.
“We now have now prolonged the expertise even to our manufacturing unit the place we’re making certain far more dependable QC requirements by way of AI. I’m excited in regards to the partnership with Suren and Tango Eye in serving to us redefine shopper expertise,” Peyush Bansal, co-founder and CEO, Lenskart, mentioned in a press release.
In shops, Tango AI expertise analyses CCTV recordings of shops to present analytics, optimise buyer circulate as properly and guarantee correct adherence to all processes.
Equally, in its manufacturing plant, Tango AI expertise helps Lenskart automate high quality exams for its lenses and eyeglasses.
“We are actually extending our tech past retail to enhance the reliability of processes throughout the corporate. With Lenskart as a associate, we hope to take a position much more into our expertise and expertise,” mentioned Suren Gounder, founder and CEO of Tango Eye.
Ramneek Khurana, co-founder of Lenskart, additionally talked about that “by teaming up with Tango Eye, Lenskart is envisioning a seamless transition between digital and bodily touchpoints”.
Established in 2010, Lenskart is a tech-enabled startup that has emerged as India’s premier eyewear model. Presently, the corporate distributes over 10 million eyewear pairs yearly, with a powerful 40 million app downloads.
The model’s expansive community encompasses roughly 500 dwelling eye take a look at representatives and a couple of,000 brick-and-mortar shops spanning India, Singapore, Japan, Thailand, Taiwan, and the Center East.
