Lenskart on Monday announced acquisition of Tango Eye, an AI based computer vision startup. With this acquisition, the company plans to use visual Artificial Intelligence technology in improving store experience as well as its product experience. Lenskart has been an early investor in Tango. In stores, Tango AI technology analyses CCTV recordings of stores to give analytics, optimise customer flow as well as ensure proper adherence to all processes.
TangoEye is an India-based AI-powered computer vision technology platform that provides solutions such as store analytics and foot traffic management for retailers.