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India’s First Augmented Reality (AR) Headset

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India First Augmented Reality (AR) Headset,Startup Stories,Startup News India,India First AR Headset,2018 Technology News,Augmented Reality and Virtual Reality,AR Headset,Indian tech ecosystem,Biggest Trends in India

The world of technology is changing expeditiously, thanks to technologies such as Augmented Reality (AR) and Virtual Reality. Augmented reality is swiftly taking hold in the Indian tech ecosystem. In fact, it is supposed to be one of the biggest trends in India in the coming years.

AR is basically a view of the physical world whose elements are augmented through computer generated sensory input such as sound, video, graphics or even Global Positioning System (GPS) data. When using Augmented Reality platforms, images are created within applications that are not a part of the real environment, but it can give the advantage of using those images to alter, enhance and explore the real world. AR is all set to revolutionize the way we perceive and make use of technology. For an example, IKEA furniture shopping, you can input the furniture in your home before the purchase to see how it would be.

With trending AR technologies like Microsoft Hololens and Magic Leap One, taking over the AR sector globally, an Indian startup Dimension NXG came up with the country’s first AR headset, AnjaLens. Dimension NXG was started at Google Startup Weekend session at IIT Bombay. The co founders of the company are Pankaj Raut, Abhijit Patil and Abhishek Tomar. Since the inception of the company in November 2014, there was literally no other company who had its own AR headset, here in India. Not so long ago, these brilliant minds worked together and founded Dimension NXG. The startup is funded by several people, including Vijay Shekhar Sharma, the Founder of Paytm and Chetan Kajaria, the joint MD at Kajaria Ceramics.

AjnaLens, The AR Headset

AjnaLens lets one see 3D holograms of almost anything. It can be an object, like a car or even a person in the real world. The most amazing thing about this headset is that you can interact and simulate with 3D models by hands with AjnaLens. The users can interact with holograms, superimpose holograms on real life objects. Not only that but they can also put annotations on holograms.

The AR headset can show a 90 degree field of view, which makes it pretty easy to view content and gives a large breadth of vision to the person using it. The user can give inputs with their voice, eyes and gestures as well. This makes the AjnaLens interface extremely intuitive. Another add on is that it allows its users to work with it while having their hands free. The Mumbai based startup, Dimension NXG is all set to launch AjnaLens for the enterprises this year. The headset is going to be launched at an affordable price of $ 1,500.

The Co founder, Abhijit Patil said,

Everybody including big companies like Microsoft, Magic Leap, and Meta was working on making an AR headset. After Japan Vyas came on board with his seed funding and active involvement, we initiated creating AjnaLens. Till then nobody knew about the launch date. During our journey, Microsoft launched a device, but they launched a developer version, not (a) commercial edition. Till now there is no device for commercial use across the globe.

He also added,

“From a market perspective, we are targeting enterprises inside and outside India. We are also giving in tool solutions to the automobile, aerospace, healthcare and education industry where we are placing augmented reality so that they can save time, cost and increase productivity with a headset. As of now, we are planning to launch in September 2018.

The startup, Dimension NXG is planning to collaborate with hospitals to help surgeons practice a virtual surgery on patients by superimposing the patients’ scans on AjnaLens. They also plan to target several enterprises such as automobile and aerospace enterprises to give them end to end solutions with AjnaLens.

This mind boggling technology, AR will further evolve in every industry!

 

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Bengaluru’s Cult.fit Set to Make Waves in the Market with Upcoming ₹2,500 Crore IPO

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Cult.fit, the Bengaluru-based fitness and wellness platform backed by Zomato, has finalized five top investment banks—Axis Capital, Jefferies, Goldman Sachs, Morgan Stanley, and JM Financial—to manage its highly anticipated Initial Public Offering (IPO). The company aims to raise ₹2,500 crore through this offering, which is expected to value Cult.fit at nearly $2 billion.

Company Growth and Business Model

Founded in 2016 by Mukesh Bansal and Ankit Nagori, Cult.fit has grown into a diversified health and wellness ecosystem. The company operates over 500 gyms across India and has expanded into multiple segments:

  • Cultsport: Direct-to-consumer fitness apparel and equipment (30% revenue contribution).
  • Eat.fit: Healthy meal delivery service (24.5% of revenue).
  • Mind.fit: Yoga and mental wellness services.
  • Care.fit: Healthcare clinics and diagnostics.

In FY24, Cult.fit reported an operating revenue of ₹927 crore, a 33.6% jump from ₹694 crore in FY23. Despite this growth, the company recorded a loss of ₹535 crore.

IPO Details

The IPO marks a significant milestone for Cult.fit, which was last valued at $1.56 billion during Zomato’s $100 million investment in 2021. With strong backing from investors like Accel Partners, Tata Digital, Temasek, Kalaari Capital, and Chiratae Ventures, the upcoming IPO is set to further strengthen its position in the Indian fitness industry.

Strategic Importance

Cult.fit’s move to go public reflects its ambition to scale operations and attract institutional investors globally. Its diversified business model positions the company as a leader in India’s growing fitness market. Analysts are closely watching this IPO as one of the most anticipated offerings of 2025.

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Indian Healthtech Startup Dozee Raises $8 Million to Revolutionize Healthcare with Innovative Technology

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Indian Healthtech Startup Dozee Raises $8 Million to Revolutionize Healthcare with Innovative Technology

Dozee, an Indian healthtech startup focused on remote patient monitoring, has raised $8 million in its latest funding round to boost its global expansion. This significant investment will help the company enhance its presence in both domestic and international markets.

 

Funding Overview

The funding attracted a mix of existing and new investors, including Prime Venture Partners, 3one4 Capital, and the State Bank of India. The capital will primarily be used to expand Dozee’s reach to hospitals worldwide and strengthen its research and development efforts. CEO Mudit Dandwate highlighted the funding’s role in improving critical care facilities globally while promoting Indian-made products.

Innovative Solutions

 

Dozee is recognized for its Contactless Vital Signs Measurement System, which allows healthcare providers to monitor patients’ vital signs without direct contact. This technology has been implemented in over 380 hospitals across India, significantly reducing the workload on nursing staff and saving valuable time.

The company’s AI-powered Early Warning System (EWS) can predict patient deterioration up to 16 hours in advance, enabling timely medical interventions that could save lives.

 

Global Expansion Plans

Dozee aims to tap into over 2,000 hospitals across more than 100 districts in India within the next two years as part of its expansion strategy. The company is also looking to enter new international markets while adapting its technology to meet various regulatory standards.

With this funding, Dozee is set to make substantial progress in the healthtech sector, aligning with global trends towards more efficient healthcare solutions and positioning itself as a leader in remote patient monitoring.

 

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Zepto Prepares for IPO with $250 Million Secondary Share Sale to Boost Domestic Investor Ownership

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Zepto Prepares for IPO with $250 Million Secondary Share Sale to Boost Domestic Investor Ownership

Zepto, the Bengaluru-based quick commerce startup, is preparing for its initial public offering (IPO) by facilitating a secondary share sale worth up to $250 million. This strategic move aims to increase Indian investor ownership from approximately 33% to nearly 50% before the anticipated public listing later this year or early next year.

Funding and Investor Details

The secondary sale will involve private equity firms, including Motilal Oswal Financial Services and Edelweiss Financial Services, allowing existing investors and employees to liquidate their shares. Although Zepto will not raise additional capital through this transaction, it is expected to execute the sale at a valuation of just over $5 billion, consistent with its last funding round in November 2024.

Objectives Behind the Sale

The primary goal of this secondary share sale is to enhance domestic ownership in Zepto, aligning with regulatory preferences and making the IPO more attractive to local institutional investors. Co-founders Aadit Palicha and Kaivalya Vohra currently hold about 20% of the company, and increasing Indian shareholder stakes is seen as a way to strengthen governance and influence over the company’s future direction.

Market Context

Zepto operates in India’s competitive grocery delivery market, facing challenges from established players like Amazon India, Swiggy, Zomato, and BigBasket. Founded in 2021 by Palicha and Vohra after they dropped out of Stanford University, Zepto has quickly gained traction in the quick commerce sector.

Conclusion

As Zepto approaches its IPO, this secondary share sale represents a crucial step in solidifying its position in the Indian market. By boosting domestic investor participation, Zepto aims to enhance its credibility and appeal as it prepares for a public listing amidst a wave of Indian startups entering the stock market.

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