Lenskart.com, the eyewear retail leader, has completed the acquisition of #TangoEye, an AI-powered computer vision startup located in Chennai. TangoEye specializes in analyzing CCTV footage from stores to offer analytics, enhance customer flow, and ensure the smooth operation of various processes.
As an early investor in TangoEye, Lenskart’s acquisition reflects its intent to leverage visual AI technology to enhance both the in-store and product experiences. The company had previously secured $500,000 in funding, with contributions from Lenskart, Riso Investments, and Gaurav Gulati in October 2020.
