AI vision: Founder Peyush Bansal bets on ‘small, beautiful’ deals to bolster Lenskart’s tech capabilities

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Eyewear retail chain Lenskart is continuing to invest in and acquire artificial intelligence (AI) companies to strengthen its technological capabilities, founder Peyush Bansal said on Friday.

“We are definitely investing and acquiring a lot of AI companies right now. I always thought acquisition was a good way to speed up technology. It’s not the first time. I like small, beautiful deals, which are building tech, and that has always enhanced the tech capabilities,” Bansal said at Shiprocket’s Shivir, AI Commerce Edition: Made for Bharat.

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AI vision: Founder Peyush Bansal bets on ‘small, beautiful’ deals to bolster Lenskart’s tech capabilities



Eyewear retail chain Lenskart is continuing to invest in and acquire artificial intelligence (AI) companies to strengthen its technological capabilities, founder Peyush Bansal said on Friday.

“We are definitely investing and acquiring a lot of AI companies right now. I always thought acquisition was a good way to speed up technology. It’s not the first time. I like small, beautiful deals, which are building tech, and that has always enhanced the tech capabilities,” Bansal said at Shiprocket’s Shivir, AI Commerce Edition: Made for Bharat.

Earlier…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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