HomeFinTechAvataar: Raises $45M in Series B Funding

Avataar: Raises $45M in Series B Funding

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Avataar Raises $45M in Series B Funding

  • 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
  • The company 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
  • 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
  • The company’s backend SuperNova platform ingests existing 2D product images/videos across categories
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