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.