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December 9, 2025
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- Sun, 14 December 2025
IPO-bound eyewear brand Lenskart has invested in Ajna Lens, a Mumbai-based deeptech startup focused on developing AI-powered smart glasses and extended reality (XR) technology.
“This investment marks the next chapter in our Smart Glass journey, which began with the launch of Phonic, our audio glasses, in December 2024,” said Peyush Bansal, Co-founder and CEO of Lenskart.
The amount of investment remained undisclosed.
Lenskart has already launched its Phonic audio glasses, specifically the Lenskart Phonic, which are a type of smart eyewear that combines traditional glasses with built-in Bluetooth audio capabilities.
Ajna lenses focus on various industries such as Education and defence. They want to inculcate VR/AR and XR Technologies to better defence forces.
Ajna Lens will help Lenskart by assisting them with artificial intelligence-powered extended reality (XR) technology, which helps them develop some of the most advanced wearable tech products. In return, they will get the design and engineering.
According to industry estimates, the global smart glasses market is currently valued at over $6 billion and is expected to reach $15.08 billion by 2032, growing at a CAGR of 10.3%.
Bansal’s vision has always been of enabling technology into every sector possible, and this step enlarges what Lenskart has been wanting to do and is doing: Building technology in eyewear.
[Credits for header image: CNBC tv18
This content is for informational purposes only and does not constitute legal, financial, or investment advice. This has been constituted based on third-party sources. We do not assume any liability for actions taken based on this information.]
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