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HomeInsightFunding Alert Metaverse platform XR Central raises $250K in seed funding

[Funding alert] Metaverse platform XR Central raises $250K in seed funding

The Gurugram-based metaverse builder startup XR Central announced that it had secured a $250,000 seed investment led by well-known angel investors, including Tarun Tahiliani, the head of the Adani Group's consumer business unit, and Amitabh Vira, the founder and CEO of Netprophets Cyberworks.
Anshul Agarwal and Shrey Mishra, founders of XR Central

The Gurugram-based metaverse builder startup XR Central announced that it had secured a $250,000 seed investment led by well-known angel investors, including Tarun Tahiliani, the head of the Adani Group’s consumer business unit, and Amitabh Vira, the founder and CEO of Netprophets Cyberworks.

The business claimed that it would utilise the money to grow into new areas, hire development and design teams, and advance the goals of its open-source metaverse construction platform, MetaQube.

Anshul Agarwal and Shrey Mishra started XR Central in 2020 as an interactive technology company to help companies develop metaverse experiences that have an impact.

Read also – [Funding alert] AI Platform Netradyne raises $65 mn From Silicon Valley Bank

“We are here to make a positive impact that is noticed globally. We are really proud of the team we have at XR Central and all of us believe in the vision of MetaQube. The funds come at a crucial stage for us as we look at expanding into new regions and adding more dynamic and talented folks to the team. We believe that in order to grow, we need to have strategic associations with the right people at the right time. Nitin and Tarun are both well-known personalities globally in their respective industries,” Anshul Agarwal, founder and director of XR Central said.

The organisation’s vision is to democratize the way XR technology has been used to solve real world problems.

“We are noticing tectonic shifts in the digital technology ecosystem. Digital technology is an integral part of fashion & design and platforms like MetaQube are at the cusp of defining the future of these technologies. Anshul & Shrey are a team to watch out for in the space, as they are combining their gaming, technology, and design backgrounds to build an impactful platform of the future”, Tarun Tahiliani, said.

Read also – [Funding alert] Akshayakalpa Organic raises $15 mn from BII, others

Nitin Sethi, SVP & Chief Digital Officer – Consumer Business at Adani Group, said, “I am always looking for the next big thing which will make a splash in the digital space. The metaverse is here to stay, and I’m proud to be a part of defining what it will look like. I have great respect for digital creators and I firmly believe that the DIY, no-code nature of MetaQube will revolutionize the space. The next decade will be dominated by Web3 and Content Creator platforms. We will see close to 10 new unicorns from this space.”

About XR Central

XR Central is a start-up based in Gurgaon. They specialize in metaverse creation for a diverse array of industries, as well as creating interactive design content using immersive technologies such as virtual and augmented reality (VR and AR).

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