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.
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