EX Twitter India head Manish Maheshwari’s vivid virtual MBA platform Invact Metaversity raised its first institutional round of funding at a valuation of $33 million where 70+ worldwide business visionaries including Future Group’s Kishore Biyani, Manipal gathering’s TV Mohandas Pai, Plaksha’s Ritesh Malik, and previous Facebook India head Kirthiga Reddy with trendy business people from new companies including Zilingo, Zerodha, Razorpay, Sheroes, Snapdeal, Koo, CARS24, Bounce, Leap Finance, Suki among others additionally participated.
Metaversity by Invact allows students to talk with one another and their instructors through animated avatars regardless of their actual location. By engaging students to hang out together in virtual spaces, Invact’s 3D immersive virtual learning stage would similarly work with distributed picking, adding a neighborhood that was missing in electronic learning, the startup said. Invact Metaversity will offer its 16-week MBA program for INR 2 lakhs + GST, with the first batch starting on May 12, 2022.
