AutoVRse raises $2.4 Mn to Accelerate Industrial AI Transformation Platform
The funding will help AutoVRse strengthen product development, expand integrations, and scale operations in North America, Europe, the GCC, and India.
Bengaluru-based Industrial AI transformation platform AutoVRse has raised $2.4 million in funding in a round co-led by Singularity AMC’s Large Value Fund III and Early Opportunities Fund, along with existing investor Lumikai.
The company plans to use the capital to expand its AI-powered training and smart glasses-enabled field guidance solutions across manufacturing, pharmaceuticals, energy, and healthcare sectors.
The funding will also help AutoVRse strengthen product development, expand integrations, and scale operations in North America, Europe, the GCC, and India.
AutoVRse currently serves more than 500,000 users across over 50 enterprise customers in North America, Europe, the GCC, and India, including Amazon, Shell, ADNOC, Exxon Mobil, Bosch, NTPC, HDFC Bank, UltraTech Cement, JSW Steel, Tata Power, Vedanta, Hindalco, Godrej, Torrent Power, Welspun, Intas, and Abbott.
The company said it has crossed $8 million in annual recurring revenue within 12 months of its global product rollout, with nearly half of its business coming from outside India and revenue growing 250% year-on-year.
“At AutoVRse, we have spent a decade building training content for frontline workers. We've amassed the most accurate digital representation of how physical work gets done. The same way self-driving cars were first trained inside video games and 3D simulations before they hit the road, the AI that powers high-precision industries is being trained inside digital twins built on VRseBuilder,” Ashwin Jaishanker, AutoVRse Co-Founder and CEO, said.
AutoVRse said its platform addresses a growing challenge for industrial companies: preserving critical operational knowledge as experienced workers retire and workforce demands increase. The company believes Physical AI, which applies AI to complex industrial workflows, is becoming a key shift in enterprise technology adoption.
“AutoVRse is creating real impact with AI on the factory floor and in pharma labs, and that is what the investment thesis is built on. The company operates at the intersection of AI and the global manufacturing revolution. We believe this is how the world will train and operate its industrial workforce over the next 10 years. AutoVRse sits at the edge of a massive, largely untapped market, and we believe the growth from here will be extraordinary,” Yash Kela, Singularity AMC Founder & Chief Investment Officer, said.
AutoVRse’s proprietary platform, VRseBuilder, converts expert workflows into machine-readable operational data that can power applications such as digital twins, remote assistance, VR training, and AI-driven guidance for frontline workers.
"With VRseBuilder, AutoVRse has demonstrated how immersion, participation and personalisation are finding consequential real-world applications across industrial training in warehouses, labs, plants and field operations of high-precision industries such as pharma, life sciences, manufacturing and petrochemicals, globally,” Aditya Deshpande, Lumikai Principal, added.
The platform is already deployed across large enterprises, including a global pharmaceutical company that consolidated 72 VR vendors onto AutoVRse’s platform and a healthcare major using its smart-glasses solution for more than 5,000 field service engineers.
