Avataar, a 3D artificial intelligence company, has raised $45M in a Series B round that drew participation from Sequoia Capital India and Tiger Global Management.

How’s the company performing?

  • India-based Avataar helps companies create digital shopping experiences that are both immersive and interactive.
  • The company’s client base includes Samsung and Pepperfry.
  • Companies using its platform have reported increased conversion rates.
  • Avataar has more than 10 US patents, and it has established strategic partnerships with Google and Facebook.

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The post Avataar Raises $45M From Tiger Global And Sequoia For Its Augmented Reality 3D Product Visualization Technology — Its Competitors Include ThreeKit, VNTANA, And Cappasity appeared first on CB Insights Research.

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