Best Virtual Reality Companies in India
The 227 best Virtual Reality companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Practically.
Ranked by disclosed equity funding and recent momentum, the 227 Virtual Reality companies tracked across India tell a story that's bigger than the funding headlines suggest. Total disclosed funding sits at $131M with no unicorns yet, but the revenue picture is where things get genuinely interesting. Across 85 filers, the combined revenue pool hits $134M, with a median of roughly $48K per company and 17% YoY growth baked in. Tribes Communication leads the filers at $81M in revenue, growing 17% last year. Scapic Innovations posted $10M on 356% growth. And on the profitability side, Tribes Communication's net income runs 108x the sector median, while Simulanis Solutions sits at 59x. That kind of spread tells you the market's bifurcating fast between operators with real unit economics and everyone else.
So what's driving coverage here? Hot application themes include digital health consultation, analytics tools, and immersive content, with filmmakers now scripting VR-native productions alongside enterprise deployments. Globally, the VR market is forecast to grow by $133 billion through 2027 at roughly 29.5% CAGR, which gives India's early-stage ecosystem real runway if it can close the gap between median revenues and what the top filers are already printing. I'd watch AjnaLens ($13M funded) and Ctruh ($5M) as the directory's best-capitalized bets. The directory below is where you start.
Our analysis of 50 Virtual Reality companies
$3.3b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2019.
Ranked: Best Virtual Reality companies in India
| # | Company | Revenue | Revenue YoY | Disclosed funding | Founder | Employees | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Scapic Developer of web-based platform for developing interactive content without coding | $11M FY2025 | +363% | $642K | — | 6,789 | — | — |
| 2 | Simulanis Provides AR enabled training solution and productivity tool | $4M FY2025 | +200% | $1M | Raman Talwar Founder Director and Chief Executive | 56 | Framer SitesZohoAzure Front Door+13 | — |
| 3 | Metabook XR Provider of VR hardware and software for academic learning | $3M FY2025 | +174% | $108K | Sanjeev Singh Co-Founder | 24 | YouTubeBootstrapLiteSpeed+14 | 6 job openings · 3 internships |
| 4 | P2E Pro Provider of a metaverse called Mayaa-verse | $3M FY2025 | +5884% | $3M | Tapan Sangal Founder | — | — | — |
| 5 | Veative Metaverser-based platform offering learning solutions for k-12 students | $2M FY2021 | -5% | $90K | — | 113 | — | — |
| 6 | Foyr Provider of cloud-based interior design software platform | $2M FY2024 | +9% | $10M | Shailesh Goswami Founder & CEO | 44 | WordPressMySQLPHP+36 | — |
| 7 | Trezi Developer of an immersive platform for collaborative design using AR and VR | $2M FY2025 | — | $3M | Gautam Tewari Co-Founder | 42 42 → 24 (-43%) · sector median +24% | WordPressMySQLPHP+26 | — |
| 8 | SmartVizX Platform offering VR-based solutions for multiple businesses | $2M FY2025 | — | $5M | Tithi Tewari Co-Founder & Managing Director | 42 42 → 25 (-40%) · sector median +24% | — | — |
| 9 | ProYuga Provider of virtual reality solutions | $2M FY2025 | +3% | $14M | Vasanth Sai Sama Founder and CTO | 24 | WebflowEmotionAmazon Web Services+13 | — |
| 10 | 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 | +60% | $1M | Shubhajit Chatterjee Co-Founder & COO | — | SentryApple iCloud MailGoogle Workspace+11 | 2 job openings · 1 launch |
| 11 | 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 | -19% | $13M | Abhijit Patil Co-Founder & COO | 79 79 → 147 (+86%) · sector median +24% | TurbopackNode.jsZoho+14 | 3 job openings · 1 internship |
| 12 | Practically Developer of an experiential self-learning application for students | $1M FY2024 | +256% | $24M | Ilangovel Thulasimani Co-Founder and CTO | 50 | PHPFirebaseCKEditor+24 | — |
| 13 | 3rdFlix Retailer of diverse products including fashion, electronics, and household goods 53Moat top 20%Funding top 39%Talent top 41%Market top 43% All 8 signals ▾Moattop 20% Fundingtop 39% Talenttop 41% Markettop 43% Growthtop 46% Fin. healthtop 50% Globalbottom 39% Newsbottom 22% Moat: Top 14% by revenue among 1004 tracked K-12 EdTech companies · Editorial + unicorn rating 7/10 Funding: Raised $15.0M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $1M FY2024 | +256% | $15M | Anne Sivaram Founder | 56 | — | — |
| 14 | Autovrse Provider of AI-powered VR training solutions for enterprises | $1M FY2025 | — | $2M | Adarsh Muthappa Co-Founder & CTO | — | Framer SitesReactAmazon Web Services+16 | 3 job openings |
| 15 | KiKsAR Developer of 3D and virtual reality solutions for businesses | $898K FY2025 | -18% | $2M | Kavita Jha CEO & Co-Founder | 42 42 → 64 (+52%) · sector median +24% | Google MapsAnimate.cssPlyr+25 | — |
| 16 | TechXR Platform offering immersive learning solutions | $827K FY2025 | +35% | $1M | Meenal Mishra Co-Founder | 20 | Cart FunctionalityShopifySentry+23 | 1 launch |
| 17 | EnggOnline Provider of virtual reality and augmented reality engineering training modules 45Growth top 24%Moat top 25%Talent top 45%Market top 49% All 9 signals ▾Growthtop 24% Moattop 25% Talenttop 45% Markettop 49% Fundingbottom 48% Fin. healthbottom 45% Productbottom 45% Globalbottom 32% Techbottom 27% Growth: Headcount 42 → 49 (+17%) across vintages · Revenue +422% YoY Moat: Top 22% by revenue among 422 tracked Higher Education Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 45/100 | $637K FY2025 | +422% | $4M | Naishadh Paleja Founder | 49 | — | — |
| 18 | AutoVRse VR-based industrial training systems | $592K FY2023 | — | $2M | Ashwin Jaishanker Co-Founder | 92 | — | — |
| 19 | Skillveri Developer of mixed reality and virtual reality training simulation platforms | $576K FY2025 | +2% | $1M | Kannan Lakshminarayan Co-Founder & Advisor | 1 | WordPressMySQLPHP+19 | — |
| 20 | CUSMAT Developer of simulation based training platforms for industrial skills | $529K FY2025 | +35% | $4M | Anirban Chakravorty Co-Founder | 49 49 → 45 (-8%) · sector median +24% | — | — |
| 21 | Embright Infotech Developer of immersive XR-VR/AR learning experiences | $451K FY2025 | +266% | $65K | Bobin Chandra Co-Founder | 30 | WixSentryBootstrap+11 | — |
| 22 | MediSim VR Provider of virtual reality training for healthcare skill development and assessment | $433K FY2025 | +37% | $1M | Jeno Durairaj Co-Founder & CTO | 30 | BootstrapUnpkgcdnjs+10 | 1 job opening · 1 internship |
| 23 | Microgravity Provider of multiplayer gaming experiences through virtual reality and simulator technology | $309K FY2025 | -24% | $1M | Sudha Tyagi Co-Founder | — | Cart FunctionalityPHPGoogle Maps+16 | — |
| 24 | Shilp Maitri Innovative Solutions Provides VR/AR solutions for building information modeling | $256K FY2025 | +75% | $546K | — | 13 | — | — |
| 25 | Jadooz Provider of a virtual reality cinema theater | $172K FY2024 | — | $319K | Rahul Nehra Founder & Managing Director | 10 | — | — |
| 26 | XR Central AR, VR, and metaverse creation studio | $139K FY2025 | -19% | $383K | Shrey Mishra Co-Founder | 22 | — | — |
| 27 | iXR Labs Provider of virtual reality based education solution | $133K FY2025 | +120% | $800K | Nihar Madkaiker Co-Founder & CEO | 20 20 → 35 (+75%) · sector median +24% | YouTubeBootstrapApache HTTP Server+19 | — |
| 28 | Virtual Logic Systems Developer of VR solutions for manufacturing and real estate applications | $124K FY2017 | +56% | $3M | — | 42 | — | — |
| 29 | VAMRR Virtual reality based simulation training solution for fire safety | $111K FY2025 | +89% | $70K | Anand Gurnani Founder | — | — | — |
| 30 | Imaginate Provider of AR and VR based software solutions for businesses | $107K FY2025 | -67% | $540K | Hemanth Satyanarayana Founder & CEO | 6 | — | — |
| 31 | GMETRI Provider of a cloud based XR authoring tool with an analytics toolkit | $84K FY2025 | -29% | $600K | Utsav Mathur Co-Founder & CEO | 19 | WebflowPayPalAmazon Web Services+11 | — |
| 32 | Gamitronics Developer of virtual reality games and immersive brand experiences | $78K FY2025 | -72% | $2M | Rajat Ojha Co-Founder & CEO | 19 19 → 18 (-5%) · sector median +24% | Apache HTTP ServerIsotopeSwiper+4 | — |
| 33 | Fabrik Space Developer of a platform for creating and deploying 3D applications | $62K FY2025 | -28% | $260K | Puneet Badrinath Co-Founder & CEO | 20 | WebflowThree.jscore-js+14 | — |
| 34 | Vicara Provider of a wearable device that detects hand gestures | $41K FY2025 | -77% | $342K | Adarsh Warrier Co-Founder & CEO | 18 | — | — |
| 35 | Ctruh Provider of a no-code content creation platform for the metaverse 32Growth top 20%News top 36%Funding top 44%Tech top 45% All 9 signals ▾Growthtop 20% Newstop 36% Fundingtop 44% Techtop 45% Talentbottom 49% Moatbottom 47% Globalbottom 37% Marketbottom 30% Fin. healthbottom 9% Growth: Web rank 50,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo News: 3 BI events in 12 mo (of 3 tracked, 2 types) · Top themes: Funding, Capital raise rank vs industry peers · Fliar Intelligence Index 32/100 | $15K FY2025 | — | $5M | Vinay Agastya Founder & CEO | 33 33 → 50 (+52%) · sector median +24% | Node.jsUbuntuTailwind CSS+20 | — |
| 36 | NeuraSim Provider of virtual reality based therapy for vision care | $10K FY2024 | — | $1M | Avi Dwivedi Co-Founder & CTO | — | Node.jsYouTubeTailwind CSS+6 | — |
| 37 | Wundrsight Provider of virtual reality and AI-integrated platform for mental healthcare | $5K FY2024 | — | $627K | Raunak Swarnkar Co-Founder & CEO | — | Framer SitesReactPriority Hints+7 | — |
| 38 | NextMeet Provider of an avatar-based VR platform for remote collaboration | $5K FY2023 | — | $436K | Pushpak Kypuram Co-Founder | — | — | — |
| 39 | QuaQua Online platform that offers 360-degree VR tour guides | $3K FY2025 | -93% | $3M | Sandesh Reddy Co-Founder | 1 | — | — |
| 40 | Indusgeeks Provider of game-based learning courses | $1K FY2025 | -35% | $119K | Siddharth Biresh Banerjee Founder & CEO | 16 | — | — |
| 41 | WoWExp Provider of virtual try-on solution for businesses | $553 FY2025 | -83% | $75K | Navin Manaswi Founder & CEO | 6 | — | — |
| 42 | Kalpnik Online platform that provide VR-based tour guide | — | — | $852K | Ashwani Garg Co-Founder and Chief Executive Officer (Now Director) | 3 | — | — |
| 43 | Dybo Provider of product visualization solution furniture industries | — | — | $160K | — | 4 | — | — |
| 44 | Instasportz Location-based VR entertainment provider | — | — | $145K | Vishwanath Vijesh Director | — | — | — |
| 45 | Vear Customer engagement through AR/VR | — | — | $150K | Meljoe Gonsalvez Co-Founder | 12 | — | — |
| 46 | Raccoon Network Developer of a decentralized build-to-earn metaverse platform | — | — | $1M | Sara Frankel Co-Founder | — | — | — |
| 47 | Aatral Platform offering a suite of immersive xr solutions | — | — | $390K | Prem Balachandran Co-Founder & CEO | — | Node.jsAnimate.cssTailwind CSS+9 | 2 partnerships |
| 48 | Doss.games Provider of no-code games development platform for designers | — | — | $332K | Tanmay Joshi Co-Founder | 8 | — | — |
| 49 | NoCap Meta Provider of metaverse, tokenization, and web3 technology services | — | — | $243K | — | 4 | — | — |
Top 12 Virtual Reality companies in India
#1
Seed · Bengaluru, Karnataka · founded 2022 · 33 employees$4.6Mraised▾
Provider of a no-code content creation platform for the metaverse. It provides users with a company that offers a no-code web-based tool that allows users to create and publish augmented reality and virtual reality experiences for the metaverse. It is a decentralized platform and caters to both enterprises and individuals. It caters to marketing, education, and gaming applications.
- Apr 2026Seed$2.5M
- Mar 2026Angel$108.6K
- Jan 2023Seed$2M
#2
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
#3
Seed · Bhopal, Madhya Pradesh · founded 2021 · 20 employees$1Mraised▾
Platform offering immersive learning solutions. It provides AR and VR learning solutions and educational tools. They offer a VR head mounted device that allows user to interact with the virtual reality environments.
- Jul 2025Seed$2.9M
- Jul 2023Seed$60.9K
- Jan 2022Seed$973.6K
- Mar 2021Angel$36.9K
#4
Seed · Mumbai, Maharashtra · founded 2005 · 49 employees$3.5Mraised▾
Provider of virtual reality and augmented reality engineering training modules. The company delivers interactive technologies for degree, diploma, skills centers, and industrial employee training. It offers virtual reality experiments and augmented reality mobile applications mapped to various curricula. The modules cover multiple engineering disciplines, including masonry, welding, fitter, electrical, and automobile courses.
- Sep 2024Seed$3M
- Dec 2021Seed$3.5M
- Jun 2011Seed$153.8K
- Dec 2007Angel$240.9K
#5
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
#6
Series A · Noida, Uttar Pradesh · founded 2014 · 42 employees$3.3Mraised▾
Developer of an immersive platform for collaborative design using AR and VR. The platform provides tools for architects, interior designers, project managers, and real estate developers to visualize and interact with designs in augmented and virtual reality. It offers solutions for building product manufacturers to showcase products and for educational institutions to provide immersive learning experiences. The platform also caters to real estate developers and other industries by offering simulated training solutions.
- May 2024Series A—
- Mar 2024Series A$210.8K
- Feb 2024Series A—
- Jun 2023Series A$640.3K
#7
Series A · Hyderabad, Telangana · founded 2018 · 50 employees$24Mraised▾
Developer of an experiential self-learning application for students. The company provides a learning application that offers 3D videos, simulations, and augmented reality to enhance learning for students. It delivers study material and NCERT solutions for classes 6th to 10th, covering subjects like Science, Maths, Physics, Chemistry and Biology. The company also provides live classes with mentors and doubt clearing sessions. It features AI-powered study buddy called Proton and 24×7 doubt resolution support.
- Dec 2021Series A$5M
- Mar 2021Series A$1.9M
- Jan 2021Series A$4M
- Apr 2020Series A$4M
#8
Series A · Hyderabad, Telangana · founded 2018 · 56 employees$15Mraised▾
Retailer of diverse products including fashion, electronics, and household goods. The business provides a wide selection of items across multiple categories. These categories include clothing, accessories, electronics, home goods, and recreational equipment. The retailer offers online shopping with options for order tracking and customer support.
- Apr 2022Series A$454K
- Aug 2021Series A$3.8M
- Mar 2021Series A$1.7M
- Apr 2020Series A$4M
#9
Seed · Bengaluru, Karnataka · founded 2022$626.8Kraised▾
Provider of virtual reality and AI-integrated platform for mental healthcare. The platform delivers interventions for behavioral and mental health conditions. It offers tools for assessment, training, and progress tracking. The platform is designed for use in hospitals, clinics, and rehabilitation centers.
- Sep 2024Seed$59.2K
- May 2024Seed$287.5K
- May 2023Seed$47.1K
#10
Seed · Bengaluru, Karnataka · founded 2018 · 42 employees$2.1Mraised▾
Developer of 3D and virtual reality solutions for businesses. The company provides virtual stores, virtual walk-throughs, and virtual events. It offers 3D try-on and configurators for eyewear, furniture, shoes, and watches. The company also develops digital twins and humanized AI solutions.
- Mar 2024Angel$239.9K
- Apr 2021Seed$333.1K
- Apr 2020Seed$473.3K
- May 2019Seed$601.6K
#11
Series A · Noida, Uttar Pradesh · founded 2014 · 42 employees$5.2Mraised▾
Platform offering VR-based solutions for multiple businesses. It facilitates creating an interactive virtual environment to stimulate potential users into experiencing arenas and spaces that haven't even been physically built like buildings, office desks, etc.
- Dec 2022Series A$2M
- Apr 2021Series A$373.1K
- Feb 2020Series A$887.9K
- Jul 2018Seed$1.5M
#12
Funding Raised · Bengaluru, Karnataka · founded 2023$1.1Mraised▾
Provider of virtual reality based therapy for vision care. It offers bee veeTM an immersive virtual reality therapy by anti suppression exercise, fusional exercises, dichoptic therapy, stereopsis training, and mobility training. It offers treatment options for amblyopia, squint eyes, headache, and eye movement disorders. It is available for both clinical and home based therapy, enhancing accessibility for patients.
- 2024Grant (prize money)$1.1M
- 2023Grant (prize money)—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Virtual 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.