Thursday, May 19, 2022
HomeInsightFunding Alert Ed-tech startup Invact Metaversity raises seed funding from 70+ global entrepreneurs;...

[Funding alert] Ed-tech startup Invact Metaversity raises seed funding from 70+ global entrepreneurs; valued at $33 million

Manish Maheshwari & Tanay Pratap
Manish Maheshwari & Tanay Pratap

Invact Metaversity, a startup at the intersection of education and metaverse, has raised funds from more than 70 global corporate leaders and founders of unicorns. The funding round values the Manish Maheshwari-led edtech startup at $33 million.

Invact Metaversity was founded by Manish Maheshwari & Tanay Pratap in 2021.

“I am overwhelmed by the faith that the investors have shown in our company’s vision to make education available to everyone immersively at a price they can afford.” Manish Maheshwari, Founder & CEO – Invact Metaversity, said.

Top business leaders & educators also joined the round which included Kishore Biyani (Future Group), T.V. Mohandas Pai (Manipal Global Education), Dr. Ritesh Malik (Plaksha), and Kirthiga Reddy (former Facebook India head).

Other founders of unicorn startups like Zilingo, Zerodha, Razorpay, Sheroes, Snapdeal, Koo, Cars24, Bounce, Leap Finance, Suki, etc also chipped in. Global leaders from Microsoft, Meta (previously, Facebook), Coinbase, Google, Twitter, Uber, Amazon, Softbank, among others have also joined the funding round.

“The hardware is cheaper, the network is ubiquitous, and the world is getting ready for a more immersive experience in work and otherwise. Education is ripe to be disrupted with Invact Metaversity.” Tanay Pratap, Founder & CTO, Invact Metaversity, said.

Their aim is to bring education revolution for the future of India. Their vision is to make education experiential and affordable by building the most university-like space on the metaverse.

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