
- Fundraise co-led by Singularity AMC and existing investor Lumikai to accelerate AI transformation across manufacturing, pharma, energy and healthcare.
- Through its own proprietary platform, AutoVRse transforms complex industrial knowledge to power downstream AI applications, including VR training, digital twins, and agentic guidance for frontline workers.
- The company serves 20+ Fortune 500 companies globally, derives roughly half of its business from outside India, and has hit $8M ARR within 12 months of global product roll-out and growing 250% YoY.
AutoVRse deploys VR-based training and smart glasses-enabled field guidance across manufacturing, pharmaceuticals, energy and healthcare. The company serves 500,000+ users at more than 50 enterprise customers across 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 has crossed $8M ARR within 12 months of global product roll-out, with roughly half of its business coming from outside India and revenue growing at 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. We're grateful to Singularity AMC for backing this vision, and to Lumikai, who've believed in this bet for years. – said Ashwin Jaishanker, Co-Founder and CEO, AutoVRse.
For decades, industrial companies have relied on a small number of highly experienced workers to operate critical equipment, troubleshoot complex problems and maintain safety standards. As workforces grow and experienced employees retire, much of that institutional knowledge risks being lost. AutoVRse has solved that exact problem – and this funding arrives at a moment of accelerating global demand for Physical AI, the application of artificial intelligence to the workflows of complex industries where accuracy, safety and real-time access to expertise are critical. Deloitte, the World Economic Forum and Constellation Research have each identified Physical AI as the defining enterprise AI shift of 2026, with manufacturing, logistics and healthcare leading 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, Founder & Chief Investment Officer, Singularity AMC.
AutoVRse’s proprietary platform, VRseBuilder, captures expert workflows and converts them into machine-readable operational data. By transforming institutional knowledge into a structured format, enterprises can power a wide range of downstream AI applications – from remote assistance and digital twins to VR training and real-time agentic guidance for frontline workers. Years of capturing high-risk industrial workflows across global enterprises have created an operational data layer that is difficult to replicate. The platform is already deployed at scale:
A global pharmaceutical leader has consolidated 72 different VR vendors onto the AutoVRse-built platform.
A global healthcare major now supports 5,000+ field service engineers with AI-assisted guidance via AutoVRse’s smart-glasses product.
JSW Steel began with a single conveyor-belt safety module, and has since expanded to dozens of additional modules at more than 50 plants - across their Paints, Cement, Mines and Energy verticals.
“AutoVRse has helped us build a more uniform, immersive and data-driven approach to workforce training at scale. Our data shows that workers who have completed VR training modules have not been involved in safety incidents for 12 months after, which is a significant outcome for our operations.” said K. Kiran Kumar, Group Head – Safety, JSW Group.
The capital will be deployed to accelerate product development across critical industries, deepen integrations with customer infrastructure, and scale go-to-market efforts across North America, where AutoVRse is already running deployments with several Fortune 500 customers, and sees its largest near-term growth opportunity. The company also plans to expand further in Europe, the GCC and India.
“We're thrilled to deepen our partnership with AutoVRse as they build out cutting-edge AI and VR infrastructure for Fortune 500 enterprises. 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. We're excited to back Ashwin, Adarsh and the team as they make immersive AI the operating layer for global industry.” said Aditya Deshpande, Principal, Lumikai.
About AutoVRse
AutoVRse (TDW Technologies Pvt Ltd) delivers AI-powered training and real-time field guidance for high-precision industrial operations. Founded in 2016 by Ashwin Jaishanker and Adarsh Muthappa, and headquartered in Bangalore, the company captures verified operational knowledge from domain experts, structures it into machine-readable data, and deploys it through VR training, AI-powered smart glasses and mobile applications. AutoVRse serves a global enterprise customer base including multiple Fortune 500 companies and has trained over half a million workers worldwide. For more information, visit https://www.autovrse.com/
About Singularity AMC
Singularity AMC is a growth to late-stage focused private equity fund. The fund is led by some of India's most distinguished investment professionals, with over three decades of experience across sell-side and buy-side mandates in the Indian capital markets, and involvement with leading institutions including SIDBI's Fund of Funds for Start-ups, FICCI, the Confederation of Indian Industry (CII) and Plaksha University.About Lumikai
Lumikai, combining the Latin word for 'light' with the Japanese word for 'tribe', is India's pioneering interactive media, digital platforms, and games VC. The fund backs early-stage founders building interactive media and digital platforms (streaming, social entertainment, audio, micro-dramas), driving innovation in games, developing cutting-edge technology (AR/VR, spatial computing, AI), and harnessing interactive mechanics to transform consumer experiences in education and skill development.The firm has backed category-leading companies including EloElo and Story TV (India's #1 social entertainment and short drama platform), Supernova (Top 5 educational apps in India), AutoVRse (India's fastest-growing industrial AI transformation), Bombay Play (building casual games for the global market), among many others.
As a seed-stage investor, it also runs Lumikai Pixels, its pre-seed program for founders in their - 1 to 10 journey of building the next generation of interactive platforms. For more information, visit https://www.lumikai.com/
IndianWeb2.com is an independent digital media platform for business, entrepreneurship, science, technology, startups, gadgets and climate change news & reviews.
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