Delhi-based Eyewear solution company Lenskart has invested $1 million in Israeli startup 6over6. 6over6’s technology enables users to determine the power of their lenses fitted through a smartphone application. This marks the firm’s second such bet on an overseas early stage technology venture in less than four months.
Lenskart will partner with 6over6 to co-develop and test the product before taking it to the market, the company said in a statement.
Peyush Bansal, Founder, and CEO, Lenskart.com said “Technology stays to be at the heart of Lenskart.com as we are the largest tech-focused eyewear company globally. 6over6 is a groundbreaking technology that acts as an autorefractor and lensometer to retrieve the prescription of your eyes and current spectacles using nothing but your smartphone. This partnership will further enhance Lenskart’s online engagement with consumers.”
Dr. Ofer Limon, CEO, and Co-Founder, 6over6 said, “We are excited to join forces with Lenskart to enable each and every person, in India and beyond, to gain perfect vision. We are determined that the collaboration between the innovative platform and exceptional execution of Lenskart and the disruptive technology of 6over6 Vision would give genuine access for vision-care for everyone everywhere.”
Founded in 2010, Lenskart has been funded with close to USD 142 million by venture capitalists such as IDG Ventures, Unilazer Ventures, IFC, TPG Growth, TR Capital and Premji Invest.