iXRLabs, an Indian edtech startup provides VR educational modules in engineering, medicine, and sciences to universities and colleges, announced recently that it has raised $0.8 million in a seed round led by an angel investor from the infrastructure development industry.
According to the startup, the funding will be used for scaling up the product. The startup also plans to further develop its virtual lab by developing more than 500 VR modules across the domains it operates. It also plans on building advanced analytics within the product to drive measurable outcomes among students.
To date, iXRLabs is deployed at 20 institutions, and plans to scale it to over 200 institutes in the coming financial year. The company claims to have worked with institutions such as IITs, IIMs, NIDs, and organizations such as KPMG, L&T, PwC, E&Y, Adani Group, and others.