Lenskart Singapore to Acquire Stake in Korean Startup iiNeer

Lenskart, a company that sells eyewear, is buying a part of a Korean company called iiNeer.

Lenskart will spend about ₹186 million to get 29.24% of iiNeer.

iiNeer makes machines that help test eyes and cut lenses.

Lenskart wants to use iiNeer's technology to make their own machines for cutting lenses.

This will help Lenskart work better and spend less money on machines in the future.

The deal will be finished by January 31, 2026.