SmartVizX Receives $1.4 M to Develop VR for Real Estate Decision-Makers

Published by , July 23, 2018 2:08 pm

(VCCircle) Virtual reality (VR) startup SmartVizX has raised Rs 10 crore ($1.4 Million USD) in a pre-Series A funding round led by Indian Angel Network’s eponymous IAN Fund and angel fund YourNest Venture Capital.
SmartVizX builds immersive technology solutions using VR to help influence decision-making for real estate and other industries. According to the company, the VR market is expected to touch $150 billion by 2020 with multiple levels of functionality across sectors. Goldman Sachs estimated that the opportunity for VR in the consumer real estate industry will cross $2.5 billion by 2025.

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