Lenskart eyes tech startups to buy out or acqui-hire and boost core biz

Omnichannel eyewear unicorn Lenskart, which recently raised $95 million from private equity firm KKR, will be investing in startups to gear up for its next phase of growth. Part of the growth will include acqui-hiring, acquisitions and investments into technology companies, said Ramneek Khurana, cofounder, Lenskart.

“We are looking at acquisitions and aqui-hiring that makes us strengthen our presence in the omnichannel, online and supply chain areas,” added Khurana. The company claims to reach out to 100,000 customers a month.

On the e-commerce side, it is weighing on startups which are providing custom-fit solutions to customers using AI and ML while in the supply chain area,