About Absentia Virtual Reality
Absentia Virtual Reality is a company based in Bengaluru (India) founded in 2015.. Absentia Virtual Reality has raised $3.87 million across 7 funding rounds from investors including Venture Catalysts, Exfinity Venture Partners and Astarc Ventures. Absentia Virtual Reality offers products and services including Tesseract and VR Demonstrations. Absentia Virtual Reality operates in a competitive market with competitors including Varjo, Visor, Zappar, AjnaLens and Vision Products, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Absentia Virtual Reality Private Limited
- Date of Incorporation 15 Jun, 2015
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$197.26 K (USD)-94.96as on Mar 31, 2022
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Net Profit
$-992.66 K (USD)-106.42as on Mar 31, 2022
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EBITDA
$-937.13 K (USD)-419.45as on Mar 31, 2022
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Total Equity Funding
$3.87 M (USD)
in 7 rounds
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Latest Funding Round
$846.31 K (USD), Series A
Jan 02, 2020
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Investors
Venture Catalysts
& 31 more
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Employee Count
Employee Count
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Products & Services of Absentia Virtual Reality
Absentia Virtual Reality offers a comprehensive portfolio of products and services, including Tesseract and VR Demonstrations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 7 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 Total Funding
- Total Rounds 7
- Last Round Series A — $846,311
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First Round
First Round
(16 Nov 2015)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series A - Absentia Virtual Reality | Valuation |
investors |
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| Dec, 2018 | Amount | Series A - Absentia Virtual Reality | Valuation |
investors |
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| Apr, 2017 | Amount | Angel Round - Absentia Virtual Reality | Valuation | Balakrishnan Venkataraman , Sanjay Gaikwad |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment in B2B technology ventures from India for global markets.
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Founded Year | Domain | Location | |
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Seed-stage tech-focused VC firm investing in geographies such as Asia
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Founded Year | Domain | Location | |
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Angel investor network for businesses
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Absentia Virtual Reality
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Absentia Virtual Reality
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Absentia Virtual Reality Comparisons
Competitors of Absentia Virtual Reality
Absentia Virtual Reality operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Varjo, Visor, Zappar, AjnaLens and Vision Products, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Virtual reality headsets are provided for immersive professional applications.
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| domain | founded_year | HQ Location |
Visor is recognized for providing project management and visualization software.
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| domain | founded_year | HQ Location |
Code-enabled AR experiences are created for businesses and publishers.
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| domain | founded_year | HQ Location |
Mixed reality headsets are manufactured for enterprises and defence sectors.
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| domain | founded_year | HQ Location |
Virtual reality headsets are manufactured for military and commercial applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Absentia Virtual Reality
Frequently Asked Questions about Absentia Virtual Reality
When was Absentia Virtual Reality founded?
Absentia Virtual Reality was founded in 2015.
Where is Absentia Virtual Reality located?
Absentia Virtual Reality is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Absentia Virtual Reality a funded company?
Absentia Virtual Reality is a funded company, having raised a total of $3.87M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $77.87K, raised on Nov 16, 2015.
What is the annual revenue of Absentia Virtual Reality?
Annual revenue of Absentia Virtual Reality is $197.26K as on Mar 31, 2022.
What does Absentia Virtual Reality do?
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.
Who are the top competitors of Absentia Virtual Reality?
What products or services does Absentia Virtual Reality offer?
Absentia Virtual Reality offers Tesseract and VR Demonstrations.
Who are Absentia Virtual Reality's investors?
Absentia Virtual Reality has 32 investors. Key investors include Venture Catalysts, Exfinity Venture Partners, Astarc Ventures, 50k Ventures, and Sprout Capital Advisors.
What is Absentia Virtual Reality's valuation?
The valuation of Absentia Virtual Reality is $17.66M as of Jan 2020.