Ixrlabs

Gurugram, India Founded: 2019 • Age: 7 yrs
Virtual reality solutions for engineering and science education are offered.

About Ixrlabs

Ixrlabs is a company based in Gurugram (India) founded in 2019 by Nihar Madkaiker. Ixrlabs has raised $800 thousand across 1 funding round. The company has 34 employees. Ixrlabs operates in a competitive market with competitors including PlayShifu, zSpace, Inspirit, Prisms of Reality and Dreamscape Learn, among others.

Key Metrics
  • Annual Revenue
    ₹1.12 Cr

    FY 2025 · +120% YoY

  • Net Loss
    -₹1.09 Cr

    FY 2025 · -97% margin

  • EBITDA
    -₹22.9 Lakh

    FY 2025 · -20% margin

  • Total Equity Funding
    $800K (USD)

    in 1 rounds

  • Latest Funding Round
    $800K (USD), Seed

    Dec 2022

  • Employee Count
    34

Apps and channels of Ixrlabs

its YouTube channel iXR Labs has 421 subscribers and 30 videos.

iXR Labs
YouTube 421 subscribers 30 videos Education
Open channel

Videos from Ixrlabs

The most watched videos on Ixrlabs's YouTube channel, iXR Labs (421 subscribers). Click a video to play it here.

iXR Labs I Happy Dussehra I #KnowledgeOverEvil #VictoryOfWisdom #LearningAndLight
3.3K views
Spatial Learning VR Labs | Higher Education | Immersive Learning | iXR Labs
1.8K views
Transformer | VR for Engineering Education | iXR Labs
417 views
Co-Founder's Spotlight | Nihar Madkaiker - The Learner, The Dreamer & The Believer! | iXRLabs
390 views

More on iXR Labs.

Funding Insights of Ixrlabs

Ixrlabs has successfully raised a total of $800K through 1 strategic funding round. The most recent funding activity was a Seed round of $800 thousand completed in December 2022. 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 $800,000
  • Total Rounds 1
  • Last Round Seed β€” $800,000
  • First Round $800,000

    (Dec 2022)

All 1 funding rounds of Ixrlabs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$800,000Seed––
–

Board of directors of Ixrlabs Learning Solutions Private Limited (Ixrlabs)

Ixrlabs Learning Solutions Private Limited is the primary company behind Ixrlabs. The board of Ixrlabs Learning Solutions Private Limited currently have 2 directors; the longest-serving is Poonam Arjun, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Poonam Arjun
DIN 06748962
Director05 Sep 20206 yrs 1 moIxrlabs Learning Solutions Private Limited
Arjun Singh
DIN 06530809
Director05 Sep 20206 yrs 1 moIxrlabs Learning Solutions Private Limited

People of Ixrlabs

7 people are tracked at Ixrlabs (3 in leadership, 4 in team); the tracked headcount is 34.

NameRoleGroup
Nihar Madkaiker
Co-FounderLeadership
Eva Jones
Director Of Academic Engagement And VR InnovationLeadership
Alia Chenoy
Chief Innovator Of Immersive SolutionsLeadership
Kartik Kumar
Sr. Unity DeveloperTeam
Mohit Kumar Singh
Unity DeveloperTeam
Shubham Maheshwari
Unity C# DeveloperTeam
Dhruva Panwar
Senior Unity DeveloperTeam
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Complete people profiles for Ixrlabs

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Ixrlabs

Figures of Ixrlabs Learning Solutions Private Limited, the primary company behind Ixrlabs, for FY 2025. Revenue was ₹1.12 Cr (+120% year on year). Net loss was -₹1.09 Cr (-97% margin). EBITDA was -₹22.9 Lakh (-20% margin). Revenue has grown at a compounded annual rate of -14% over three years.

  • ₹1.12 CrRevenue · FY 2025 · +120% YoY
  • -₹1.09 CrNet loss · -97% margin
  • -₹22.9 LakhEBITDA · -20% margin
  • ₹1.1 LakhPaid-up capital
  • 34Employees (provident fund records)
  • -14%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Ixrlabs Learning Solutions Private Limited are on its company page.

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Detailed financial statements for Ixrlabs

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Ixrlabs

2 dated milestones of Ixrlabs across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ixrlabs is founded.
  2. Funding First funding round of $800K.

Competitors of Ixrlabs

Ixrlabs 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 PlayShifu, zSpace, Inspirit, Prisms of Reality and Dreamscape Learn, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
playshifu.com2016Bengaluru, India$35.81M142
Interactive STEM kits are provided for children's learning.
zspace.com2007San Jose, United States$79.06M69
AR/VR headsets and educational content are supplied for immersive learning.
inspiritvr.com2017Palo Alto, United States$3.9M8
Virtual labs and simulations for science education are provided.
prismsvr.com2019Brooklyn, United States$16.75M–
Provider of an education platform that utilizes virtual reality to teach core math and science concepts
dreamscapelearn.com2019Culver, United States$20M–
Online platform offering VR-based learning solutions for students
practically.com2018Hyderabad, India$23.98M50
Developer of an experiential self-learning application for students
eonreality.com1999Irvine, United States–30
Develops XR and AI solutions for immersive learning in education and enterprise sectors.
3dbear.io2016New York, United States$4.4M–
Provider of online gamified learning platform
lightup.io2013Palo Alto, United States––
AR-based educational kits are developed for interactive learning experiences.
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Detailed competitors of Ixrlabs

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
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Web traffic of Ixrlabs

The website of Ixrlabs (ixrlabs.com) receives about 3.6K visits a month.

  • Monthly visits
    3.6K

    ▼ 22.2% vs previous month

Similar websites

Websites whose visitors overlap most with Ixrlabs. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
dss.net
100%
9.1K#2,391,046View details
pixaera.com
85%
14.2K#1,789,864View details
simbott.com
80%
7.1K#2,843,505View details
smarttek.solutions
80%
680.7K#1,464,997View details

Latest news on Ixrlabs

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Complete news archive for Ixrlabs

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Similar companies to Ixrlabs

10 companies that operate in the same segment as Ixrlabs (Virtual Reality), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M––
Provider of cloud and AI-based virtual tour solutions for construction professionals
2011Sunnyvale, California, United StatesUSD 163.18 M––
Video game developer specializing in the MMORPG and VR games
1997Reykjavik, IcelandUSD 106.3 M––
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
Platform offering distributed simulation software for video games and corporate sectors
2012London, England, United KingdomUSD 929.85 MUSD 1.58 M634
Mood-altering virtual reality experiences are developed for wellness by TRIPP.
2016Los Angeles, California, United StatesUSD 26.25 M––
Virtual reality headsets are provided for immersive professional applications.
2016Helsinki, FinlandUSD 149.39 M––
Virtual world games are facilitated through an NFT-based platform.
2017Buenos Aires, ArgentinaUSD 25 M––
VR casual games are developed for major platforms.
2015Stockholm, SwedenUSD 38.5 M––
VR-based home therapy systems are developed for symptom treatment.
2016Brookline, Massachusetts, United StatesUSD 29 M––
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Frequently Asked Questions about Ixrlabs

Ixrlabs was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Ixrlabs is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Ixrlabs is a funded company, having raised a total of $800K across 1 funding round to date. The company's 1st funding round was a Seed of $800K, raised on Dec 2022.

Ixrlabs has 34 employees.

The primary company behind Ixrlabs, Ixrlabs Learning Solutions Private Limited, reported revenue of β‚Ή1.12 Cr for FY 2025, up 120% year on year.

Ixrlabs was founded in 2019 in Gurugram, India, as a provider of virtual reality-based education solutions. VR tours and experiments are delivered for engineering, medical, and science education, enabling real-time virtual environments for practical learning and real-world preparation. Services are utilized by clients such as Tata, MBD Group, NIIT, and Orient BlackSwan, with operations focused on the education technology sector.

Ixrlabs's top competitors include PlayShifu, zSpace and Practically.

Ixrlabs operates through Ixrlabs Learning Solutions Private Limited.

The legal entities of Ixrlabs currently have 2 directors, including Poonam Arjun, Arjun Singh.

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