VR Startup SmartVizX Secures Rs 10 Crores Funds
A Noida-based VR (virtual reality) startup SmartVizX has reportedly raised funds amounting to Rs 10 crores ($1.45 million) in a pre-series A funding round. This funding round was led by YourNest Venture Capital and Indian Angel Network‘s IAN fund.
The company plans to use the funds so raised in boosting up the product team and also set up extra and additional capabilities to the product. Also, a part of funds will be utilized for international expansion as stated by Tithi Tewari, who is the managing director of the company.
Along with this, SmartVizX has also announced the inauguration of Trezi, which the company has claimed to be the first VR-based platform for architecture and interior design collaboration.
In this regard, Tithi said, “SmartVizX is the first Indian company to offe...