Lenskart Invests ₹186 Cr in South Korea's iiNeer for Optical Hardware Edge

• Lenskart's Singapore subsidiary to acquire 29.24% stake in South Korea's iiNeer Corp. Ltd.
• Investment of KRW 3 billion (₹186 million) for 123,945 preference shares, approved on December 24, 2025.
• iiNeer, founded 2020, specializes in designing and manufacturing technology-enabled optical equipment.
• Lenskart aims to build in-house optical hardware capabilities, enhance efficiency, and reduce capital expenditure.
• Deal expected to close by January 31, 2026; Lenskart shares fell 3.62% on NSE.

Why It Matters: Lenskart invests ₹186 Cr in iiNeer to gain in-house optical hardware expertise and boost efficiency.