Best Virtual Reality Companies in Maharashtra, India
The 43 best Virtual Reality companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ProYuga.
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 Maharashtra
| # | Company | Revenue | Disclosed funding | Last round | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Tata Interactive Systems Integrated e-Learning service provider for corporate training | $67M FY2024 | — | — | 1,814 | — | — | — |
| 2 | VIZSTORE Provider of a product visualization platform | $38M FY2025 | — | — | 277 | Mrinal Sharma Co-Founder | — | — |
| 3 | Tecknotrove Systems Provider of advanced training simulators and VR-based simulation solutions for critical industries | $8M FY2025 | — | — | 110 110 → 133 (+21%) | Payal Gupta Co-Founder & Director -Business Development | WordPressMySQLPHP+25 | 1 launch · 1 expansion |
| 4 | ProYuga Provider of virtual reality solutions | $2M FY2025 | $14M | 85 mo ago | 24 | Vasanth Sai Sama Founder and CTO | WebflowEmotionAmazon Web Services+13 | — |
| 5 | 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 | — | Shubhajit Chatterjee Co-Founder & COO | SentryApple iCloud MailGoogle Workspace+11 | 1 job opening |
| 6 | 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 | 13 mo ago | 79 79 → 147 (+86%) | Abhijit Patil Co-Founder & COO | TurbopackNode.jsZoho+14 | 3 job openings · 1 internship |
| 7 | 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 | $4M | 23 mo ago | 49 | Naishadh Paleja Founder | — | — |
| 8 | Simbott Manufacturer of VR welding and spray painting training simulators | $547K FY2024 | — | — | — | Varun Khatri Founder & CEO | WordPressMySQLPHP+20 | — |
| 9 | IDA Business Solutions Provider of AR/VR based STEM education solutions | $387K FY2025 | — | — | 6 | Gautam Mahendru Founder | — | — |
| 10 | ComXR XR studio offering immersive solutions | $337K FY2025 | — | — | 5 | Rehan Poonawala Founder | — | — |
| 11 | VirtualHomes SaaS-driven 3D virtual tour software for real estate professionals | $311K FY2025 | — | — | — | Nishant Ambekar Founder & CEO | WordPressMySQLPHP+25 | — |
Top 9 Virtual 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
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
#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 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
#5
Seed · Mumbai, Maharashtra · founded 2007 · 16 employees$119Kraised▾
Provider of game-based learning courses. The company creates game-based learning, simulation-based training, and gamification solutions for industries and business processes, including sales and soft skills training, leadership development, safety and compliance, and policy awareness. The company claims that the solutions can also be ported to different AR/VR devices and has worked with Fortune 1000 companies, defense organizations & governments.
- Dec 2011Angel$16.3K
- Nov 2009Angel$21.3K
- Jan 2009Angel$65.7K
- Nov 2008Angel$15.7K
#6
Deadpooled · Mumbai, Maharashtra · founded 2016$27.4Kraised▾
Provider of cross-platform applications to create immersive-visualization platforms. Its main offering is a suite of cross-platform apps that together form an immersive, real-time visualization platform enabling product design studios, retail interior brands, and interior designers to provide a virtual product visualization experience to consumers.
- Jun 2021Seed$27.4K
#7
Seed · Mumbai, Maharashtra · founded 2015$40Kraised▾
Wefly India offers indoor skydiving sporting experiences at Jungle Adventures, located in Yeoor hill, also known as Mama Bhanja hill, about 37 km off Mumbai. Wefly Indoor Skydiving LLP is engaged in aero-sports using ‘mobile hybrid vertical wind tunnel’ technology, which makes indoor skydiving sport facility available across multiple locations in the country.
- Aug 2016Seed$40K
#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—
#9
Seed · Mumbai, Maharashtra · founded 2015—raised▾
SpectraVR is a Virtual reality media production and technology startup. Creates virtual reality experiences using 360° camera techniques and software capabilities. Raised an undisclosed amount in seed round of funding from US-based technology venture capital firm Rothenberg Ventures in July 2016 and plans to use these funds for product development, which includes creating VR-based games for brands, creating travel-oriented experiences, movies and other short-format content.
- Jul 2016Seed—
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.