Best Augmented Reality Companies in Maharashtra, India
The 40 best Augmented Reality companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ProYuga.
Ranked: Best Augmented Reality companies in Maharashtra
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Employees | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Cadbury PlayPad Augmented reality based animal learning app for kids | $1.5B FY2025 | — | — | -9% | 3,280 | — | — |
| 2 | VIZSTORE Provider of a product visualization platform | $38M FY2025 | — | — | — | 277 | Mrinal Sharma Co-Founder | — |
| 3 | ProYuga Provider of virtual reality solutions | $2M FY2025 | $14M | 86 mo ago | +3% | 24 | Vasanth Sai Sama Founder and CTO | — |
| 4 | QWR Interactive Solutions Developer of virtual reality hardware and software for enterprise solutions 53Growth top 30%Moat top 32%Talent top 38%Tech top 43% All 8 signals ▾Growthtop 30% Moattop 32% Talenttop 38% Techtop 43% Fin. healthtop 49% Marketbottom 48% Fundingbottom 41% Globalbottom 32% Growth: Revenue +60% YoY · Web rank 10,000,000 → 50,000,000 YoY Moat: Top 13% by revenue among 70 tracked Virtual Reality companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 53/100 | $2M FY2025 | $1M | 19 mo ago | +60% | — | Shubhajit Chatterjee Co-Founder & COO | 1 job opening |
| 5 | AjnaLens Manufacturer of mixed reality headset 57Moat top 13%Innovation top 28%Talent top 28%Tech top 34% All 11 signals ▾Moattop 13% Innovationtop 28% Talenttop 28% Techtop 34% Fundingtop 43% Markettop 44% Producttop 48% Growthtop 49% Globalbottom 37% Fin. healthbottom 26% Newsbottom 22% Moat: Top 2% by revenue among 56 tracked Augmented Reality companies · Editorial + unicorn rating 7/10 Innovation: 3 product lines · Deep-tech classification: Tech Hardware rank vs industry peers · Fliar Intelligence Index 57/100 | $2M FY2025 | $13M | 14 mo ago | -19% | 79 79 → 147 (+86%) | Abhijit Patil Co-Founder & COO | 3 job openings · 1 internship |
| 6 | Orbo AI-powered visual intelligence solutions for the beauty and personal care sector 45AI top 22%Talent top 28%Funding top 33%Moat top 38% All 12 signals ▾AItop 22% Talenttop 28% Fundingtop 33% Moattop 38% Techtop 40% Producttop 50% Innovationbottom 47% Marketbottom 40% Globalbottom 39% Growthbottom 36% Fin. healthbottom 25% Newsbottom 21% AI: Classified as an AI company · Product described with: ai-powered, computer vision, deep learning Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 45/100 | $674K FY2025 | $5M | 23 mo ago | -100% | 28 28 → 42 (+50%) | Abhit Sinha Co-Founder & Chief Tech Hustler | — |
| 7 | Simbott Manufacturer of VR welding and spray painting training simulators | $547K FY2024 | — | — | +1% | — | Varun Khatri Founder & CEO | — |
| 8 | peAR Technologies Platform offering augmented reality solutions for restaurants | $411K FY2025 | $1M | 31 mo ago | +87% | 3 | Parth Vora Co-Founder & CFO | — |
| 9 | IDA Business Solutions Provider of AR/VR based STEM education solutions | $387K FY2025 | — | — | +28% | 6 | Gautam Mahendru Founder | — |
| 10 | Textronic Provides a range of CAD and CAM software for the textile industry | $360K FY2023 | — | — | — | 75 | Sanjeev Arora Founder | — |
| 11 | OOBEDU Developer of AR-enhanced educational flashcard kits | $197K FY2025 | $28K | 80 mo ago | -34% | 8 | Jayanta Pal Co-Founder & CEO | — |
| 12 | Econoxy Solutions It provides software solutions and IT services for various industries | $129K FY2025 | — | — | +141% | — | Archana Bagmar Founder | — |
| 13 | MetaShop Developer of AI platform converting video and images into 3D models | $125K FY2025 | $203K | 32 mo ago | +7476% | 1 | Sophiya Jagannathan Co-Founder & CEO | — |
| 14 | Deftxr Developer of virtual and mixed reality software for anatomy education | $3K FY2025 | — | — | -87% | — | Devdatta Puntambekar Founder & CEO | — |
| 15 | Holoboard Developer of augmented reality headsets | $2K FY2025 | — | — | -90% | 139 | Kshitij Marwah Founder & CEO | — |
| 16 | Elevare Sport Provider of a cricket training platform | $576 FY2025 | — | 39 mo ago | +6% | — | Nikhil Mirji Co-Founder & CEO | — |
Top 8 Augmented Reality companies in Maharashtra
#1
Seed · Mumbai, Maharashtra · founded 2014 · 79 employees$12.6Mraised▾
Manufacturer of mixed reality headset. It designs and develops hardware and software for enterprises and defence to improve productivity, training, reduce cost, time, error and improve efficiency. It alsp uses digital twin and AI technology.
- Jul 2025Seed$2.5M
- Dec 2023Seed$547.3K
- Oct 2023Seed$1.9M
- Jan 2023Seed$1.1M
#2
Series A · Mumbai, Maharashtra · founded 2016 · 28 employees$4.8Mraised▾
AI-powered visual intelligence solutions for the beauty and personal care sector. It offers automation and personalization solutions for brands, D2C companies, e-commerce platforms, and physical retailers. It leverages computer vision and deep learning to provide tools such as a virtual makeup try-on, smart skin analysis, facial attribute enhancement, hair color and style simulation, and a foundation shade finder.
- Sep 2024Grant (prize money)$1M
- May 2024Angel$23.6K
- Jan 2024Series A$300.6K
- May 2023Series A$389.2K
#3
Seed · Pune, Maharashtra · founded 2017$1.2Mraised▾
Developer of virtual reality hardware and software for enterprise solutions. The company provides virtual reality headsets and AI-integrated glasses for various applications. These applications include training, education, healthcare, defense, and industrial sectors. The company's systems offer immersive experiences designed to enhance learning, improve operational efficiency, and create user experiences.
- Jan 2025Seed$1.2M
#4
Seed · Mumbai, Maharashtra · founded 2018 · 3 employees$1.1Mraised▾
Platform offering augmented reality solutions for restaurants. It is a cloud based augmented reality platform offering AI powered menu visualization and loyalty management solutions for restaurants.
- Jan 2024Seed$47.9K
- May 2022Seed$517.4K
- Apr 2021Seed$381.5K
- Oct 2019Seed$60.7K
#5
Seed · Mumbai, Maharashtra · founded 2017 · 24 employees$14Mraised▾
ProYuga provides virtual reality solutions for enterprises. Develops virtual reality experiences and games that can be used to improve the productivity of employees, give immersive demos, visualize data, deliver prototyping & testing, and more. developed solutions include iB Cricket which provides eSport experience in virtual reality.
- Jul 2019Seed$275.5K
- Aug 2018Angel$12.2M
- Nov 2017Angel$993.6K
#6
Seed · Pune, Maharashtra · founded 2022 · 1 employees$202.7Kraised▾
Developer of AI platform converting video and images into 3D models. The platform facilitates the creation of 3D assets from visual inputs. It offers solutions for generating 3D models suitable for various applications. The technology supports integration with existing 3D software.
- Dec 2023Grant (prize money)$100K
- Jul 2023Seed$44.2K
- Jul 2022Seed$158.5K
#7
Seed · Mumbai, Maharashtra · founded 2016 · 8 employees$27.6Kraised▾
Developer of AR-enhanced educational flashcard kits. Its offerings include augmented reality-based flashcard kits covering themes such as alphabets, planets, fruits and vegetables, and human anatomy, integrated with a companion mobile application. It provides features like 3D model visualization, phonics guidance, audio narration, touch interaction, and screenshot capture through augmented reality technology. It also offers multilingual support and interactive learning aids designed to enhance early childhood education.
- Dec 2019Seed$27.6K
#8
Seed · Mumbai, Maharashtra · founded 2022$1.8Mraised▾
Provider of a cricket training platform. It offers a platform that helps users improve their cricket skills. It focuses on physical fitness, batting and balling skills, and mental conditioning. It uses artificial intelligence, IoT technology, VR, and AR for training and analytics.
- May 2023Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Augmented Reality coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on AR / VR / Metaverse is moving in India
A read on the academic research around AR / VR / Metaverse — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,439 India-affiliated papers.
- Chitkara University115
- Symbiosis International University77
- Saveetha University71
- Lovely Professional University69
- Christ University67
- Human–computer interaction1→184
- Rehabilitation1→16
- Usability1→11
- Physical medicine and rehabilitation1→6
- Motion (physics)1→4
- Virtual reality4→612
- Human–computer interaction4→383
- Multimedia1→67
- Interface (matter)1→18
- Gesture1→15
- Virtual reality1→168
- Human–computer interaction1→116
- Computer graphics (images)1→4
Where ar vr is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing ar vr patents in India
India ar vr patent filing is accelerating — 158 filings from 150 assignees (2016–2025), led by Tata Consultancy Services, Wipro, HCL Technologies; annual filings 10→17.
- Tata Consultancy Services37
- Wipro24
- HCL Technologies8
- Welspun India7
- Narayanan Vidya3
- SOUL Vision Creations3
- Sapre Ashish3
- Srivastava Sudhir PREM3
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.