PE-VC Fund Investments
Virtual reality startup AutoVRse raises $2.4 M from Singularity AMC, others
Bengaluru-based virtual reality player AutoVRse has raised USD 2.4 million in a funding round co-led by Singularity AMC’s Large Value Fund III and Early Opportunities Fund, with participation from an existing investor.Founded in 2016 by Ashwin Jaishanker and Adarsh Muthappa, AutoVRse provides AI-powered training and real-time field guidance for industrial operations through VR modules, AI-powered smart glasses, and mobile applications.The company plans to use the new funds to accelerate product development, deepen integrations with customer infrastructure, and expand go-to-market efforts in North America.
In Dec 2023, AutoVRse had attracted about $2-M from Lumikai and others.For FY25, AutoVRse had reported about Rs.11-Cr in Operating Income and about Rs.2-Cr in Net Loss.
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