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Eyewear retailer Lenskart sets up $20-M ‘Vision Fund'

Economic Times  

Omni-channel eyewear retailer Lenskart has set up a 'Lenskart Vision Fund' with a corpus of around USD 20 million which invests in startups in the area of eye testing technologies, omni-channel technology solutions across in-store automation, logistics, supply chain, merchandising, marketing, and deep tech solutions for eyewear, retail and e-commerce. It will invest up to USD 2 million in companies for anywhere between a 10% and a majority stake. Lenskart has previously backed 4 startups in India and abroad - US-based Thin Optics and Ditto, Israel's 6over6 and India-based TangoEye.

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