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Business Standard
2 days ago
- Business
- Business Standard
Visioning expansion: IPO-bound Lenskart sets sights on AI glasses
Eyewear unicorn Lenskart has invested in Mumbai-based Ajna Lens, a deep-tech startup specialising in extended reality (XR) and AI-powered wearable tech. The deal, the value of which remains undisclosed, marks Lenskart's first serious bet on AI-enabled smart glasses, and comes as it gears up for a $1 billion initial public offering (IPO) at reportedly $10 billion valuation. Ajna's tech is likely to power the next generation of smart eyewear for Lenskart, which already offers 'Phonic Smart Glasses' — Bluetooth-enabled glasses that allow users to take calls, play music and interact with voice assistants. But this new move takes the company deeper into wearables with AI and spatial computing at the core. Founded in 2014 and based in Thane, Ajna Lens won a CES Innovation Award in 2023 for its mixed reality headset, AjnaXR. Globally, smart glasses shipments have more than trebled since 2022, crossing 2 million units in 2024, industry estimates show. In India, the AR and VR eyewear market touched $608 million in 2024, and is projected to hit $1.67 billion by 2033, thanks to demand in gaming, health care, and education, according to IMARC Group, which is involved in market research. But the race is intensifying: The global smart glasses market, which is currently valued at over $6 billion, is expected to reach $15.08 billion by 2032, growing at a compound annual growth rate (CAGR) of 10.3 per cent. Meta dominates the space with its Ray-Ban Meta line, holding over 60 per cent of the global market in 2024, according to Counterpoint Research. Apple and Google are also in the fray. Furthermore, Xiaomi, Samsung, Baidu, ByteDance are expected to roll out products over 2025–26. Against this backdrop, Lenskart is looking to stand out by bringing together Ajna's XR stack with its own expertise in optical engineering to create 'glasses-first' wearables, prioritising vision correction and comfort alongside digital features. The Ajna investment is part of Lenskart's broader playbook to gain tech advantage and scale. It previously acquired Japanese eyewear brand Owndays in 2022 through a $400 million deal. In 2023, Neso Brands, a Lenskart subsidiary, bought a stake in Paris-based Le Petit Lunetier for $4 million. The unicorn also took over Tango Eye, an AI-vision startup, for an unknown amount. Now, the focus is on the company's IPO. US financial services major Fidelity recently increased its estimated valuation of Lenskart to $6.1 billion, according to its latest monthly portfolio disclosure, up from $5.6 billion in November last year. Lenskart recently converted into a public limited company amid its preparation for the IPO. Lenskart's operating revenue jumped 43 per cent to ₹5,428 crore in FY24 from ₹3,788 crore the previous year, while losses shrank sharply, down 84 per cent to ₹10 crore from ₹63 crore. The company runs over 2,500 stores, including 2,000 in India. It's scaling internationally too, with footprints in Southeast Asia and West Asia, powered by a 'click-and-mortar' strategy combining online, app-based, and offline experiences. The company is also setting up its largest manufacturing facility yet in Telangana, investing ₹1,500 crore under a pact with the state government to establish the unit at Fab City. Lenskart competes with players such as Titan Eyeplus, Specsmakers, Vision Express, Warby Parker, and Italian eyewear conglomerate Luxottica Group.
Business Upturn
4 days ago
- Business
- Business Upturn
AboveOrigins Launches Bluetooth-Connected Portable Dual 4K Touchscreen Monitor for Productivity
Toronto, Canada, July 01, 2025 (GLOBE NEWSWIRE) — AboveOrigins, a Toronto-based technology company, has officially launched its latest innovation: the world's first Bluetooth-enabled, 18.5-inch dual-screen portable monitor featuring 4K resolution, a 144Hz refresh rate, built-in microphone, and comprehensive USB-C and Thunderbolt support. AboveOrigins dual 4K monitor turns any desk into a mobile workstation. Purpose-built for today's hybrid professionals, gamers, students, and remote workers, the new portable monitor from AboveOrigins aims to transform mobile productivity and collaborative workflows. Weighing just 3.5 lbs, the device is lightweight, foldable, and compact enough to fit seamlessly into a bag or desktop setup, without compromising on performance. Designed for flexible use across a wide range of environments—from home offices and co-working spaces to creative studios and travel settings—the monitor features ultra-responsive dual touchscreen displays and full Bluetooth functionality. It supports multiple viewing modes, including split mode for multitasking, mirror mode for presentations, full mode for immersive viewing, and portrait mode for reading, coding, or vertical layouts. 'AboveOrigins set out to create a monitor that could be shared between two different devices—either via Bluetooth or through a Type-C connection,' said Kevin Botha, Technical Engineer at AboveOrigins. 'This level of connectivity opens up new flexibility for collaborative work, dual-device setups, and seamless transitions between mobile and desktop use.' The monitor's dual-screen system is optimized for high-performance workflows without cable clutter, making it an ideal solution for video editors, streamers, designers, gamers, and business users alike. With advanced portability and premium display technology, AboveOrigins is addressing the growing demand for tools that support flexibility, speed, and clarity on the move. For more information and pre-order details, visit , where the AboveOrigins monitor is currently available at up to 45% off during the pre-order launch phase. About AboveOrigins AboveOrigins is a Toronto-based technology company specializing in innovative display hardware designed for modern mobile workforces. With a focus on functionality, style, and mobility, the brand develops tools that enhance productivity and performance in a fast-changing digital world. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Fashion Value Chain
24-06-2025
- Fashion Value Chain
Häfele Launches Connect Mesh Smart Lighting System
Häfele introduces Connect Mesh, a cutting-edge, in-house developed lighting control system that redefines personalized lighting in interiors. Central to this innovation is the Häfele Connect Mesh Chip, a custom-built module utilizing Bluetooth® Low Energy for seamless wireless communication among system components. This chip is already integrated into all Loox lighting control units, enabling the system to transmit commands securely and simultaneously to multiple devices using encrypted radio technology. The Häfele Connect Mesh mobile app offers users intuitive control over lighting systems, allowing easy configuration and operation via smartphone or tablet. From dimming and changing colors to storing multiple light sources under pre-programmed scenarios, the app makes personalized ambiance just a tap away. Whether it's managing RGB color lights or adjusting multi-white color temperatures, everything is possible within a single interface. Designed with future integration in mind, Connect Mesh is compatible with smart home devices and other Bluetooth-enabled systems, ensuring scalability. Its plug-and-play nature allows effortless upgrades and additions to existing Loox lighting setups. To explore more or locate the nearest Häfele showroom, visit: Customer Service:
Yahoo
19-06-2025
- Business
- Yahoo
These 'very impressive' earbuds are 81% off on Amazon Canada — seriously!
We're still a few weeks out from Amazon Prime Day 2025, but early bird shoppers can already score an epic Prime Day-worthy deal on Amazon Canada. Right now, shoppers can save 81 per cent — yes, you read that correctly — on a pair of wireless earbuds. Backed by more than 12,000 reviews (8,500 of which have a perfect five-star rating), these "Amazon's Choice" Bluetooth-enabled headphones are a top-rated pick for the gym, hiking trails and summer bike rides. Reviewers say the earbuds offer "fantastic sound" and an "amazing" battery life. Ahead of Prime Day, they're on sale for just $30. To shop the deal — we repeat: 81 per cent off! — check out the details below. These wireless earbuds offer 40 hours of playtime and feature an IPX7 waterproof rating. These popular wireless earbuds provide up to 6-8 hours of playtime on a single charge and up to 32 hours in the case before you need to plug them in, totalling up to 40 hours of battery life. If you're in a pinch, a quick 10-minute charge provides enough juice for another hour of playtime. They feature dual built-in microphones for phone calls and according to the brand, their noise cancellation suppresses 90 per cent of background noise while you're on the phone. The earbuds boast an IPX7 rating, making them suitable for light rain, sweat and moisture. 12,000+ reviews 4.4-star average rating 3,000+ bought in the past month The "Amazon's Choice" earbuds have collected thousands of five-star reviews from fans who say they're "really good for the price" and a "great gift" idea. They fit "perfectly," and the charge "stays on for a super long time," writes one shopper. The headphones are a "great gift." "The bass and sound are crazy," comments another reviewer. They're "[definitely] worth the money." A third Amazon shopper calls the earbuds "amazing" and describes the sound quality as "very impressive." The sound is "fantastic" and the battery is "amazing," too. While the vast majority of reviews are five-star, some shoppers warn others to rein in their expectations for $30 headphones. They're "cheap," according to one reviewer. Want to save big on tech ahead of Amazon Prime Day? Keep scrolling to shop even more early deals.
Hindustan Times
17-06-2025
- Automotive
- Hindustan Times
Here are five of the most affordable litre-class cruisers for the laid-back rider
Here are five of the most affordable litre-class cruiser bikes that you can buy in India today. Litre-class cruisers bring the visual drama, low-end torque, and relaxed ergonomics that are characteristic of big-bike cruising, but often command a hefty price tag. While there are many premium offerings within this segment, there are a few models that provide the litre-class experience at reasonable prices. These bikes are appealing to riders who want the on-road presence and highway comfort without paying premium prices. This list focuses on the most accessible litre-class cruiser motorcycles that are available for purchase in India. Whether you're upgrading from a middleweight bike or searching for your first large-displacement machine, these options offer relaxed performance with everyday usability and are worth considering if you're looking for the best bang for your buck. 4 Harley-Davidson Sportster S: View Offers View More Details The Harley-Davidson Sportster S is a brawny cruiser priced at ₹ 16.48 lakh (ex-showroom), and it comes with a distinctive, muscular design with a 1,252 cc liquid-cooled V-twin. Mated to a 6-speed gearbox, the Revolution Max 1250T engine makes 121 bhp at 7,500 rpm and 125 Nm of torque at 6,000 rpm. The motorcycle is underpinned by 43 mm upside-down front forks and a rear monoshock. Braking performance comes from a single disc with a 4-piston calliper at the front and a single rotor with a single piston calliper at the rear. The Sportster S is equipped with full-LED lighting and a Bluetooth-enabled colour TFT dash that allows for media controls, navigation, and phone alerts. The bike offers a wide range of rider aids, including lean-sensitive traction control, cornering ABS, wheel lift mitigation, and more. 5 BMW R 12: View Offers View More Details The BMW R 12 is a laidback cruiser that comes priced at ₹ 20.10 lakh (ex-showroom), making it the most premium offering on this list. It is powered by a 1,170 cc air/oil-cooled flat-twin boxer engine that makes 93.7 bhp at 6,500 rpm and 110 Nm of max torque at 6,000 rpm. The motor is paired with a 6-speed gearbox and tops out at 203 kmph. The bike features rebound-adjustable 45 mm USD front forks and a paralever swingarm with a preload-adjustable rear monoshock. Riding on a 19-inch front and a 16-inch rear wheel, it is fitted with twin 310 mm discs at the front and a single 265 mm rear disc. On the feature front, the R 12 cruiser comes equipped with traction control, engine drag torque control, lean-sensitive ABS and TPMS. It has a single-pod analogue instrument cluster and allows for two riding modes. Check out Upcoming Bikes In India. First Published Date: 17 Jun 2025, 16:00 PM IST NEXT ARTICLE BEGINS
