Avataar, a Bangalore, India-based AI and Computer Vision platform focused on spatial visual discovery, raised $45m in Series B funding.
The round was led by Tiger Global with co-participation from existing investor Sequoia Capital India.
Founded by Prashanth Aluru, Sravanth Aluru, Gaurav Baid and Mayank Tiwari, Avataar provides a platform that powers large global eCommerce marketplaces and D2C brands, shaping consumer journeys with life-sized 3D product evaluation coupled with interactive feature discovery. Its patented rendering platform offers plug and play integration into the websites and mobile apps of its client partners, and brings to life the power of spatial depth to consumers’ visual discovery via contextual user journeys. The proprietary platform acts as an ‘Inside Engine’ powering multiple user experience shifts to interactive life-size Web 3.0, also known as the Metaverse.
Avataar’s backend SuperNova platform ingests existing 2D product images/videos across categories like furniture, electronics, large appliances, fashion, and more, and offers a plug and play front-end integration for consumer visualization of life-size 3D avataars of products at scale.
FinSMEs
07/01/2022