Lenskart raises AjnaLens stake to 9.01% to advance smart-glasses strategy

Lenskart invested ₹8 crore for an additional 1.8% in AjnaLens, taking its holding from 7.21% to 9.01%. The investment strengthens its access to XR and AI capabilities as the eyewear retailer builds its smart-glasses pipeline.

— Source publishedMon, 14 Sept, 2026, 11:24 IST·First seen Mon, 14 Sept, 2026, 11:40 IST·Source Inc42

What happened

Lenskart invested ₹8 crore to raise its AjnaLens parent stake to 9.01%, reinforcing its smart-glasses strategy. The Indian omnichannel eyewear retailer is

Key facts

  • ₹8 Cr investment for an additional 1.8% stake
  • Lenskart stake increased to 9.01% from 7.21%
  • Three 2026 purchases raised stake by 4.17 percentage points from 4.84%
  • Aggregate consideration for three acquisitions: ₹18.5 Cr
  • B by Lenskart smart-glasses waitlist exceeded 30,000 users at FY26-end

What changed

Lenskart invested ₹8 crore to raise its AjnaLens parent stake to 9.01%, reinforcing its smart-glasses strategy. The Indian omnichannel eyewear retailer is pairing XR and AI capabilities with its upcoming smart eyewear launches and Qualcomm technology partnership.

Why this matters

Lenskart is deepening its in-house access to XR and AI capabilities through AjnaLens as it prepares to bring smart glasses into its eyewear retail ecosystem.

What to watch

  • Announcement of a co-branded Lenskart-AjnaLens device, prototype or launch timeline.
  • Changes in AjnaLens ownership, board representation, IP licensing or additional Lenskart investment.
  • Hiring for wearable hardware, embedded AI, optical engineering, XR content or device service operations.
  • Smart-glasses pilot activity in Lenskart stores, including pricing, prescription support and financing offers.
  • Indian regulatory developments on wearable cameras, data privacy, wireless certification and AI-enabled devices.

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