AvatarLife, two others raise early-stage funding
Summary
The startup, operated by Gamingverse Pvt Ltd, will use the funding for product development, community building and hiring talent.Founded in 2022 by Sushant Chandrasekar and Gaurav Gupta, AvatarLife is a metaverse-first gaming platform. The company is also developing mobile-friendly 3D products to target Indian users.The AvatarLife virtual world, the companys first platform, currently offers 25 games across 3 operators and has a community of 5000 members.We are transitioning from a 2D internet living on our screens to a 3D space present inside our screens. We will continue to invest in building the technology in-house, said Gupta.Healthtech startup Karma Primary Healthcare has raised an undisclosed amount in a Series A funding round from a consortium of investors including Innospark Ventures, 1Crowd, Innovative Directions, Aanshi LLP and Social Innovation Circle, among others.The Hyderabad-based startup will deploy the proceeds for product development, developing referral programs and adding new revenue streams. We also look to create linkages with secondary and tertiary players, said Gambhir, founder and chief executive officer, Karma Primary Healthcare.Founded by Ruchi Gupta and Gaurav Sharma, Barbrew Beverages is a company that makes hard seltzers. Barneys is not aiming to compete with beer, breezer or cocktails but rather offers drinkers an alternative.