Investment24 Dec 2025, 11:04 pm
Lenskart Solutions Ltd Subsidiary Invests INR 186 Million in Korea-based iiNeer Corp., Ltd
AI Summary
Lenskart Solutions Pte. Ltd., Singapore, a wholly owned subsidiary of Lenskart Solutions Limited, has approved an investment of KRW 3,000,000,000 for the acquisition of 29.24% of the share capital of iiNeer Corp., Ltd, a Korea-based startup. This investment is aimed at building proprietary capabilities in core equipment and improving operating efficiencies over time.
Key Highlights
- Lenskart Solutions Pte. Ltd. to invest INR 186 million in iiNeer Corp., Ltd.
- iiNeer Corp., Ltd. focuses on developing technology-enabled eye-testing and lens-cutting equipment.
- This investment is expected to improve operating efficiencies and reduce equipment capital expenditure over time.
- iiNeer Corp., Ltd. is a Korea-based startup with a size/turnover of KRW 177,768,000 in CY 2024.
- The investment supports Lenskart's efforts to build proprietary capabilities in core equipment.