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4 VR/AR Companies For The Metaverse: Part 4

Another day, another part in the series on virtual reality (VR) and augmented reality (AR) companies powered by the Metaverse Insider. For those readers new to the site, here’s the link to the first in the series.

1. AjnaLens


AjnaLens is a Mumbai, India-based XR hardware and software company primarily for Defence, Enterprise and Training sectors.

Its revolutionary make-in-India technology was founded in IIT Bombay in 2014 by Pankaj Raut, Abhishek Tomar and Abhijit Patil, a group of bright-minded intellectuals with a vision to develop an imperative tool for transformation.

It develops the next generation of computing platforms that augments human intelligence and empowers the world to achieve more. Its wearable Mixed Reality Glasses and advanced XR software solutions aim to revolutionize defence, enterprise and individual capabilities to unparalleled extents. AjnaLens is committed to advancing the capabilities of humans and transforming societies for the better.

AjnaLens is trusted by its prominent clients including the Indian Army, Indian Navy, DRDO, Ministry of Defence, Tata Technologies, Vedanta, and others.

Its team has filed 15+ National and International patents in augmented reality and allied fields. We have won numerous awards for our innovations and been featured in 100+ media publications, including Inc42, Economic Times, Business Insider, Yourstory and Financial Express.

So far, AjnaLens has raised a total of $6.3 million in funding over seven rounds.

2. Edlocus Solutions

Credit: Edlocus Solutions

Another startup based in India, Edlocus Solutions was founded in 2015 by Yadhavanbabu Mukund Samyrao and offers engineering and concept design, prototyping, business process automation, Virtual/Augmented Reality, Web and mobile applications while also providing tolerance stack solutions to solve and eliminate complex engineering problems.

With headquarters in Chennai, Edlocus Solutions has been working with 30+ reputed automotive companies in this domain over India as well as Japan.

3. Zippedi

Credit: Zippedi

With headquarters in Silicon Valley, Zippedi delivers Artificial Intelligence for the retail industry.

Leveraging its core competency in image recognition, machine and deep learning, it has created a solution/platform that allows retailers to leverage on-shelf data to monitor out of stocks, planograms, and price. Additionally, the platform enables retailers and suppliers to leverage Augmented Reality as well as Virtual Reality.

Zippedi was founded in 2017 by Alvaro Soto, Ariel Schilkrut and Luis Vera.

4. WaveOptics (Snap Inc)

WaveOptics (Snap Inc)

WaveOptics (Snap Inc) delivers the world’s best optical engines for AR eyewear.

It researches, designs and develops optical engines for augmented reality smart glasses and headsets for superior optical performance for affordable mass manufacture.

Proudly part of Snap Inc., WaveOptics is a wholly-owned, independent subsidiary of Snap. Based in Abingdon, UK, WaveOptics was founded in 2014 by David Grey and Sumanta Talukdar and has raised a total of $54.4 million in funding over six rounds.

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James Dargan

James Dargan is a writer and researcher at The Metaverse Insider. His focus is on the QC startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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