About Absentia Virtual Reality
Absentia Virtual Reality is a Technology company based in Bengaluru (India) founded in 2015. Virtual reality hardware is developed for immersive user experiences. Absentia Virtual Reality has raised $3.87 million across 8 funding rounds from investors including Venture Catalysts, Exfinity Venture Partners and Astarc Ventures. Absentia Virtual Reality was last valued at $17.66 million in January 2020. Its Indian entity Absentia Virtual Reality Private Limited reported revenue of ₹1.4 Lakh. Absentia Virtual Reality offers products and services including Tesseract and VR Demonstrations. Its focus areas include High Tech, Virtual Reality, Display Devices and Mixed Reality Headsets. Its competitors include AjnaLens and Irusu; 1 of its 2 listed competitors has raised funding.
Company details
The company was founded in 2015 and is based in Bengaluru, India. Virtual reality hardware is produced, focusing on head-mounted displays with high resolution and wide field of view. Features such as head tracking and lens adjustment are incorporated into the devices. Compatibility with multiple computer systems is ensured, supporting operations in the technology sector for visual immersion applications.
- Headquarters Bengaluru, India
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Website absentiavr.com
- Social LinkedIn X Facebook
- Legal Name Absentia Virtual Reality Private Limited
- Date of Incorporation 15 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.4 Lakh
FY 2024 · -70% YoY
- EBITDA-₹8.7 Lakh
FY 2024 · -607% margin
- Total Equity Funding$3.87M (USD)
in 8 rounds
- Latest Funding Round$846.31K (USD), Series A
Jan 2020
- InvestorsVenture Catalysts
& 31 more
Associated legal entities of Absentia Virtual Reality
Absentia Virtual Reality operates through Absentia Virtual Reality Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Absentia Virtual Reality Private Limited CIN U72900KA2015PTC173121 | Active | 15 Jun 2015 | Bangalore, Karnataka | ₹0.0 Cr | 6 | 3 | View details |
Products & Services of Absentia Virtual Reality
Absentia Virtual Reality offers a comprehensive portfolio of products and services, including Tesseract and VR Demonstrations.
Provides immersive virtual reality experiences with high-resolution displays.
Offers free sessions for virtual reality technology exposure.
Funding Insights of Absentia Virtual Reality
Absentia Virtual Reality has successfully raised a total of $3.87M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $846.31 thousand completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.87M
- Total Rounds 8
- Last Round Series A — $846,311
- First Round $200,000
(Nov 2015)
- Investors Count 32
All 8 funding rounds of Absentia Virtual Reality with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | $846,311 | Series A | $17.66M | – | |
| Dec 2018 | $310,119 | Series A | $6.69M | – | |
| Apr 2017 | $77,869 | Angel Round | $••••• | Balakrishnan Venkataraman, Sanjay Gaikwad | – |
| Apr 2017 | $1.24M | Series A | – | – | |
| Mar 2017 | $1.16M | Series A | $••••• | – | |
| Nov 2016 | $45,183 | Angel Round | $••••• | – | – |
| Jan 2016 | Seed | – | – | – | |
| Nov 2015 | $200,000 | Seed | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2020 | $17.66M | •••••••• |
| Dec 2018 | $6.69M | •••••••• |
| Apr 2017 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
| Nov 2016 | $••••• | •••••••• |
| Nov 2015 | $••••• | •••••••• |
Full valuation and stage history of Absentia Virtual Reality
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $17.66M (Jan 2020). 32 investors in total: 7 institutional and 25 angel.
Investors in Absentia Virtual Reality
Absentia Virtual Reality has secured backing from 32 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, Exfinity Venture Partners and Astarc Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in B2B technology ventures from India for global markets. | 2013 | exfinityventures.com | Bengaluru, India | |
Seed-stage tech-focused VC firm investing in geographies such as Asia | 2015 | astarcventures.com | Mumbai, India | |
Angel investor network for businesses | 72degrees.co.in | Bengaluru, India | ||
Early-stage venture capital investing in consumption and technology sectors in India. | 2016 | sproutvp.com | Bengaluru, India | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Venture capital firm investing in tech startups | 2014 | 50kventures.com | Hyderabad, India | |
Investment banking and venture capital services focused on client elevation. | 2011 | sproutcapital.in | Bengaluru, India | |
KM Kripakran Mambakkam Suryanarayanan | unknown_9c5c4f2d725843dea | |||
SN Srinivasan Namala | Angel investor, tech entrepreneur, ex-Amazon, focused on early-stage startups | unknown_922bb1a0c66c4c549 | ||
MF Mohamad Faraz | Angel investor and entrepreneur, co-founder of Solethreads, focusing on consumer brands. | unknown_07903539260b4e8b9 |
Investor details for Absentia Virtual Reality
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Absentia Virtual Reality Private Limited (Absentia Virtual Reality)
Absentia Virtual Reality Private Limited is the primary company behind Absentia Virtual Reality. The board of Absentia Virtual Reality Private Limited currently have 3 directors; the longest-serving is Shubham Mishra, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shubham Mishra DIN 07176117 | Director | 15 Jun 2015 | 11 yrs 4 mo | Absentia Virtual Reality Private Limited |
| Harikrishna Ramesh Valiyath DIN 07179148 | Director | 15 Jun 2015 | 11 yrs 4 mo | Absentia Virtual Reality Private Limited |
| Vrushali Pradeep Prasade DIN 07178168 | Director | 15 Jun 2015 | 11 yrs 4 mo | Absentia Virtual Reality Private Limited |
Financials of Absentia Virtual Reality
Figures of Absentia Virtual Reality Private Limited, the primary company behind Absentia Virtual Reality, for FY 2024. Revenue was ₹1.4 Lakh (-70% year on year). EBITDA was -₹8.7 Lakh (-607% margin). Revenue has grown at a compounded annual rate of -92% over three years and -60% over five years.
- ₹1.4 LakhRevenue · FY 2024 · -70% YoY
- -₹8.7 LakhEBITDA · -607% margin
- 6Employees (provident fund records)
- -92%Revenue CAGR, 3 years
- -60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Absentia Virtual Reality Private Limited are on its company page.
Detailed financial statements for Absentia Virtual Reality
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Absentia Virtual Reality
4 dated milestones of Absentia Virtual Reality across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Absentia Virtual Reality is founded.
- Funding First funding round of $200K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $846K.
Competitors of Absentia Virtual Reality
Absentia Virtual Reality has 2 listed competitors in our database, 1 of them funded. They include AjnaLens and Irusu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ajnalens.com | 2014 | Mumbai, India | $12.63M | 64 | Mixed reality headsets are manufactured for enterprises and defence sectors. | |
| irusu.co.in | 2014 | Hyderabad, India | Offers VR headsets, XR headsets, smart gadgets for virtual reality tech. |
Detailed competitors of Absentia Virtual Reality
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Related news about Absentia Virtual Reality
Complete news archive for Absentia Virtual Reality
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Frequently Asked Questions about Absentia Virtual Reality
Absentia Virtual Reality was founded in 2015.
Absentia Virtual Reality is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Absentia Virtual Reality is a funded company, having raised a total of $3.87M across 8 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Nov 2015.
The primary company behind Absentia Virtual Reality, Absentia Virtual Reality Private Limited, reported revenue of ₹1.4 Lakh for FY 2024, down 70% year on year.
The company was founded in 2015 and is based in Bengaluru, India. Virtual reality hardware is produced, focusing on head-mounted displays with high resolution and wide field of view. Features such as head tracking and lens adjustment are incorporated into the devices. Compatibility with multiple computer systems is ensured, supporting operations in the technology sector for visual immersion applications.
Absentia Virtual Reality offers Tesseract and VR Demonstrations.
Absentia Virtual Reality has 32 investors. Key investors include Venture Catalysts, Exfinity Venture Partners, Astarc Ventures, 50k Ventures, and Sprout Capital Advisors.
The valuation of Absentia Virtual Reality is $17.66M as of Jan 2020.
Absentia Virtual Reality operates through Absentia Virtual Reality Private Limited.
The legal entities of Absentia Virtual Reality currently have 3 directors, including Shubham Mishra, Harikrishna Ramesh Valiyath, Vrushali Pradeep Prasade.