Lumikai Fund has invested approximately ₹16.5 crore ($2 million) in AutoVRse.
Burgeon Law advised Lumikai Fund in this investment deal.
The transaction team consisted of Ankit Bhasin (Associate Partner), Aastha Agarwalla (Associate) and Saransh Agarwal (Associate).
The due diligence team consisted of Anish Jaipuriar (Partner), Hardik Sabbarwal (Associate) and Divyam Sharma (Associate).
NovoJuris Legal advised AutoVRse in this investment deal.
The transaction team was led by Ashwin Bhat (Partner).
AutoVRse is founded by Ashwin Jaishanker and Adarsh Muthappa Kullatira and is presently engaged in the business of developing virtual reality, augmented reality (and broadly, 3D Visualization) products that focus on industrial training & skill-development, virtual walkthroughs & product-explainers, and AR enabled e-commerce integration. AutoVRse is also engaged in the business of virtual reality game development.
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