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Lenskart to launch smart glasses by March quarter with UPI, camera functions

Omnichannel eyewear retailer Lenskart will launch its AI-powered camera smart glasses by March 2026, wrote cofounder and chief executive Peyush Bansal in a note to shareholders accompanying the second quarter financial results.
Branded ‘B' — Lenskart will make the smart glasses completely in-house. In a fireside chat at ET Startup Awards 2025, Bansal had shared that the company built an engineering team in India instead of importing an almost finished product from overseas to maintain control over data.
“Similar to our vertically integrated model for prescription eyeglasses, we are deploying a full-stack approach wherein we are designing the hardware, developing the software and mobile app in-house, powered by the Gemini AI platform,” Bansal wrote.
“The glasses are built on Qualcomm's AR1 chip and are prescription-lens capable. First version includes features such as UPI payments, health monitoring with food logging and recommendations, photo and video capture, real-time object scanning, translations, and personalised recommendations,” he further mentioned.
Lenskart has invited developers to build applications for B Smart Glasses and “rapidly expand functionality,” the CEO said. The company will open the platform for apps, including Zomato, Swiggy and BookMyShow, as well as Indian developers across categories to meet varied use cases.
Along with smart glasses, the company is also investing in adaptive lenses, RFID-enabled stores, and AI-powered in-store analytics through TangoEye, with 500 professionals running its tech functions.
In its first quarterly results as a publicly listed company, Lenskart posted a 20% year-on-year rise in net profit at Rs 103 crore during the July-September quarter, on the back of 21% operating revenue growth to Rs 2,096 crore.
Operating profit, or earnings before interest, taxation, depreciation and amortisation (Ebitda), for the quarter came in at Rs 414 crore, up 44% from Rs 287 crore a year earlier.
Also Read: Our operating leverage is kicking in: Peyush Bansal after Lenskart's 21% Q2 revenue rise
Source: EconomicTimes
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