Opportunity for VR/AR Startups & Entrepreneurs to Pitch their Funding Proposal Before Investors
Mumbai, India, October 17, 2017 – WEH Ventures and Unity are jointly hosting an Investor Pitchroom at Unite 2017, a premier conference for stakeholders in the gaming and AR/VR ecosystem. This Pitchroom is aimed at creating funding opportunities for Augmented Reality (AR) and Virtual Reality (VR) technology based start-ups and entrepreneurs. The event will be organized on November 9th, 2017 in Hyderabad where start-ups will have an opportunity to get in front of early stage investors for their funding prospects. The application deadline, to be part of this Pitch Room, is October 20, 2017.
According to Deepak Gupta, the Founding Partner of WEH Ventures, “PitchRoom is aimed at identifying top emerging VR/AR startups in the areas ofalternate, reality, gaming and enterprise simulation. We are trying tocreate an opportunity for startups to pitch their ideas before top early stageinvestors and industry experts and move closer to getting funding.”
VR (Virtual Reality) and AR (Augmented Reality) and the overall mixedreality space have been on the radar of many over the past three years. Somelandmark developments in the sector include Facebook’s acquisition of Oculus(March 14), Hololens launch (March 16), MagicLeap’s $500M round (Oct 14) andPlaystation VR launch (Oct 16) followed by crossing a million units (June 17). The sector is still in an early phase ofdevelopment in India and globally- though in the past year or so some startups in India have got early stagefunding. The use cases are alsoexpanding from what was traditionally a medium for brand experiences andadvertising to a wider set across industrial, real-estate, healthcare and manymore.
The next twelve to twenty-fourmonths will likely see the emergence of startups taking leadership positions intheir domains. Accordingly, it is pertinent to provide visibility and funding supportto promising startups in the VR/ARspace. WEH Ventures and Unity are inviting all startups, working in thefield of Alternate Reality, VR Gaming and Enterprise VR Simulation to apply toexplore the funding opportunities.
For more details about the Pitch Room and to send the applications, one canvisit the website https://www.wehventures.com/unite-2017.