Lenskart backs location AI startup GeoIQ
Bengaluru-based hyperlocal performance prediction startup GeoIQ has raised $2.25 million from Lenskart, along with its existing investors : 9Unicorns and Ecosystem Ventures. The fresh funding will allow the location AI firm to expand into international geographies, strengthen its proprietary data stack and leverage communities of data scientists to build diverse AI models. According to Lenskart, it will be opening more omni-channel stores globally with 50% better return on invested capital and 5 times the speed of a normal opening with the help of GeoIQ’s technology. Continue reading Lenskart backs location AI startup GeoIQ at Entrackr.
Bengaluru-based hyperlocal performance prediction startup GeoIQ has raised $2.25 million from Lenskart, along with its existing investors : 9Unicorns and Ecosystem Ventures.
The fresh funding will allow the location AI firm to expand into international geographies, strengthen its proprietary data stack and leverage communities of data scientists to build diverse AI models.
According to Lenskart, it will be opening more omni-channel stores globally with 50% better return on invested capital and 5 times the speed of a normal opening with the help of GeoIQ’s technology.
Continue reading Lenskart backs location AI startup GeoIQ at Entrackr.
