Edtech startup Invact Metaveristy raised $5 million in seed from Arkam Ventures where Antler India, Picus Capital, M Venture Partners, BECO Capital, and 2am VC, with Kishore Biyani (Future Group), T.V. Mohandas Pai (Manipal Global Education), Dr Ritesh Malik (Plaksha), and Kirthiga Reddy (former Facebook India head) among others also participated.
Invact Metaversity aims to make education more accessible and inclusive by simulating the real-world experience of attending a university. The platform is designed with an emphasis on creating a social and community layer to help students experience a real university feel in the virtual world, such as entering a classroom, hanging out with peers on campus, and more. The startup claims to be the first 3D immersive virtual learning platform in the world.