AR/VR hardware startup AjnaLens raises $1M from MHD group, others

AjnaLens, a Mumbai-based AR/VR hardware startup, on Thursday announced a total fundraise of $1 Mn in a bridge round led by Oman-based conglomerate Mohsin Haider Darwish (MHD) Group and angel investors from India.

AjnaLens designs and manufactures state-of-the-art mixed reality glasses for defence, enterprise, and education. The startup has successfully completed 20+ pilots and received orders from the Ministry of Defence, Indian Army, DRDO, Maharashtra Government, and few private enterprises.

“The growth of the AR/VR industry has accelerated due to pandemic and the focus on being ‘Atmanirbhar’ in key technologies is providing us with very interesting tailwinds,” said Abhijit Patil, Co-founder and COO, AjnaLens.