AR/VR startup AutoVRse bags seed funding from Lumikai

We are excited to announce that we’ve led a $2M seed round in AutoVRse, a homegrown, profitable AR/VR startup aiming to revolutionise the way enterprises create, deploy, and manage interactive AR/VR applications at scale.

Ashwin Jaishanker, Adarsh Muthappa, and team have been persistently building in this sector for the last 7 years and have driven Autovrse to become one of India’s fastest-growing AR/VR companies. Through their foundational enterprise product, called VrseBuilder, Autovrse offers enterprises the ability to seamlessly build and utilise VR-based worker training and sales experiences.

The company has already delivered cutting-edge solutions to multiple Fortune 500 companies and industry leaders such as Shell, Godrej, Bosch, and Tata Motors, to name a few.

Further, Autovrse leverages a state-of-the-art, in-house game studio for R&D, while also building DistrictM, a rhythm VR game - soon to be launched on PlayStation and Meta platforms.

We’re proud to partner with the Autovrse team as they embark on their journey to grow their product, expand geographically, and put India on the global AR/VR map.

Read more about the funding round here and the short thesis note here.