Home Info Edge Ventures India Lead $1.5mn In AvatarLife

Info Edge Ventures India Lead $1.5mn In AvatarLife

Share
Share

Info Edge Ventures India Lead $1.5mn In AvatarLife

By Vishakha Thakur

Metaverse gaming platform AvatarLife has raised $1.5mn from InfoEdge Ventures, the venture capital arm of InfoEdge India. MetaGod Creators are now all set to provide virtual experience of Vrindavan Chandrodaya Mandir, Meta has recently launched VR subscription service with its Quest Plus. Blockchain Sports & Polygon are all set to Launch a Sports Academy in metaverse..Well there’s a lot happening in the metaverse space. Isn’t that amazing?

So let’s dive deep into the world of the magical metaverse.

AvatarLife, a metaverse gaming platform, has raised $1.5 million in a seed funding round led by InfoEdge Ventures, the investment arm of Naukari.com parent InfoEdge India Ltd. AvatarLife, co-founded in 2022 by Sushant Chandrasekar and Gaurav Gupta, offers single-player, multi-player, and play-to-earn skill-based games in virtual world. The company is in the midst of developing mobile-based 3D goods aimed at users in India.

According to MarketsandMarkets, the global Metaverse Market is expected to increase from $61.8 billion in 2022 to $426.9 billion by 2027.

MetaGod Creators, a platform that aims to revolutionise how people experience spirituality and devotion in the Mix reality, has been awarded the phase 1 mandate for Vrindavan Chandrodaya Mandir Trust in the metaverse platform.

Vrindavan Chandrodaya Mandir, a project by ISKCON Bangalore devotees, is the world’s highest temple under construction in Vrindavan, Mathura, India.

So lets listen in to what the founder of Metagod creator Mr. Anish Katyal has to say about it…

Well, there are few barriers which restrict people to enter a virtual world such as high costs of VR headsets…but now, users have an opportunity to subscribe to certain games.

We are familiar with Polygon’s integrations in the world of sports. And now, Blockchain Sports, a web3 environment that helps young athletes become pro, has recently partnered with Polygon, an Ethereum scaling network, to develop a metaverse initiative.

Kakao Healthcare, a South Korean digital healthcare platform unit, has been chosen as the final operator of the 2023 Metaverse Pioneer Project in the medical sector. The project’s goal is to overcome the spatial and time limits of the metaverse and healthcare services, as well as to enhance national health and develop future food.

Share

Latest News

Dubai Police, US & China Avert $562M In Crypto Scam Losses, Unravel "Pig Butchering" Network
News

Dubai Police, US & China Avert $562M In Crypto Scam Losses, Unravel “Pig Butchering” Network

A massive, coordinated international law enforcement operation has struck a blow to the booming cryptocurrency scam industry. Authorities have arrested 276 people...

OKX Rolls Out Agent Payments Protocol For Full AI-driven Transactions
News

OKX Rolls Out Agent Payments Protocol For Full AI-driven Transactions

OKX has introduced an open standard for agent-led transactions, rolling out its Agent Payments Protocol (APP) to support full-cycle business activity handled...

Wall Street To Launch The First Ever Prediction Market ETFs For U.S. Elections
News

Wall Street To Launch The First Ever Prediction Market ETFs For U.S. Elections

Roundhill Investments is set to launch the first U.S. exchange-traded funds (ETFs) tied to prediction markets next week, with two other asset...

MoonPay Acquires Israeli Crypto Security Firm Sodot In $100M Stock Deal
News

MoonPay Acquires Israeli Crypto Security Firm Sodot In $100M Stock Deal

Crypto payments firm MoonPay has acquired Sodot, an Israeli crypto security startup, as part of its plan to launch MoonPay Institutional, a...

Latest Blogs

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

Related Articles

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...