Lenskart Acquires TangoEye, an AI-based computer vision startup

Lenskart has acquired TangoEye, a Chennai-based AI-based computer vision firm that scans CCTV footage of stores to give analytics, improve consumer flow, and guarantee full adherence to all rules.

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With this purchase, Lenskart, an early investor in the firm, intends to employ visual AI technology to improve both shop and product experiences.

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TangoEye funded US$500,000 in October 2020, headed by Lenskart, Riso Investments, and Gaurav Gulati.

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Tango Eye founder and CEO Suren Gounder stated, "We are now expanding our tech beyond retail to improve the reliability of processes across the company."

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Lenskart acquired a majority stake in Japan's D2C eyewear brand Owndays in June 2022, expanding the company's presence into 13 Asian markets.

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Lenskart Acquires TangoEye, an AI-based computer vision startup

Lenskart has acquired TangoEye, a Chennai-based AI-based computer vision firm that scans CCTV footage of stores to give analytics, improve consumer flow, and guarantee full adherence to all rules.

With this purchase, Lenskart, an early investor in the firm, intends to employ visual AI technology to improve both shop and product experiences.

TangoEye funded US$500,000 in October 2020, headed by Lenskart, Riso Investments, and Gaurav Gulati.

Tango Eye founder and CEO Suren Gounder stated, "We are now expanding our tech beyond retail to improve the reliability of processes across the company."

Lenskart acquired a majority stake in Japan's D2C eyewear brand Owndays in June 2022, expanding the company's presence into 13 Asian markets.

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