Ixrlabs

Gurugram, India Founded: 2019 • Age: 7 yrs
Virtual reality solutions for engineering and science education are offered.
Annual revenue $34,607 Latest available
Total funding $800,000 1 rounds
Employees 34 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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 as of March 27, 2024. Ixrlabs operates in a competitive market with competitors including PlayShifu, zSpace, Inspirit, Prisms of Reality and Dreamscape Learn, among others.

  • Headquarter Gurugram, India
  • Employees 34 as on 27 Mar, 2024
  • Founders Nihar Madkaiker
  • Sectors
    Technology
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ixrlabs Learning Solutions Private Limited
  • Date of Incorporation 05 Sep, 2020
  • Jurisdiction Jaipur, Rajasthan, India
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
    $34.61 K (USD)
    -83.85
    as on Mar 31, 2023
  • Net Profit
    -$51.74 K (USD)
    -34246.65
    as on Mar 31, 2023
  • EBITDA
    -$46.13 K (USD)
    -12917.2
    as on Mar 31, 2023
  • Total Equity Funding
    $800 K (USD)

    in 1 rounds

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

    Dec 12, 2022

  • Investors
  • Employee Count
    34

    as on Mar 27, 2024

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People of Ixrlabs

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Eva Jones
Director Of Academic Engagement And VR Innovation
People
Kartik Kumar
Sr. Unity Developer
People
Alia Chenoy
Chief Innovator Of Immersive Solutions
People
Mohit Kumar Singh
Unity Developer

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Teams

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
  • Total Rounds 1
  • Last Round Seed — $800,000
  • First Round

    (12 Dec 2022)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Seed - Ixrlabs Valuation

investors

Investments & Acquisitions by Ixrlabs

Investments

Financial Statements - Ixrlabs

Ixrlabs Comparisons

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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 Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Interactive STEM kits are provided for children's learning.
domain founded_year HQ Location
AR/VR headsets and educational content are supplied for immersive learning.
domain founded_year HQ Location
Virtual labs and simulations for science education are provided.
domain founded_year HQ Location
Provider of an education platform that utilizes virtual reality to teach core math and science concepts
domain founded_year HQ Location
Online platform offering VR-based learning solutions for students
domain founded_year HQ Location
Developer of an experiential self-learning application for students

Latest news on Ixrlabs

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 12, 2022.

As of Mar 27, 2024, the latest employee count at Ixrlabs is 34.

Annual revenue of Ixrlabs is $34.61K as on Mar 31, 2023.

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.

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