Home » Cloudworx Shark Tank India Season 2

Cloudworx Shark Tank India Season 2

by IndiaSuccessStories
0 comment
Cloudworx Shark Tank India Season 2 Got 40 Lakhs Funding in Exchange of 3.2% Equity by Namita Thapar and Anupam Mittal.

Cloudworx Shark Tank India Season 2

Pitch no 88 with company details

Cloudworx

With the help of the web-based IDE Cloudworx Studio, users may create workflows and applications for 3D content without knowing any code. Right now, they are concentrating on creating digital twin apps for the Enterprise Metaverse that are driven by real-time data from sensors, machinery, operations, and interactions.

Founder of Cloudworx

Yuvraj Tomar is the company’s founder.

Cloudworx Funding Round

Company Name

Cloudworx

Shark Tank India Season

2

Episode No

28

Season No

2

Brand

Cloudworx

Idea

Metaverse

Original Ask

40 Lakhs for 2% Equity

Deal

40 Lakhs for 3.2% Equity

Invested By:

Namita Thapar and Anupam Mittal

Cloudworx aimed to revolutionize the concept of virtual reality by building a metaverse platform that would blur the lines between the digital and physical worlds. Their platform would offer users a wide range of experiences, including virtual events, entertainment, education, and commerce, all within a seamless and immersive environment. By leveraging cutting-edge technology such as augmented reality and spatial computing, Cloudworx sought to create a new paradigm for human interaction and engagement.

The Pitch:

Cloudworx entered the Shark Tank with an ambitious vision to pioneer the development of the metaverse. Their pitch centered around creating immersive virtual environments where users could interact, socialize, and engage in various activities. Seeking an investment to fuel their technological advancements and expansion plans, Cloudworx initially offered 2% equity in exchange for 40 Lakhs.

The Deal:

Impressed by Cloudworx's ambitious vision and innovative approach to virtual reality, investors Namita Thapar and Anupam Mittal recognized the potential for disruption in the burgeoning metaverse market. After negotiations, they agreed to invest 40 Lakhs in exchange for a 3.2% equity stake in Cloudworx. This investment infusion would enable Cloudworx to accelerate the development of their metaverse platform, enhance user experiences, and attract top talent to drive their technological advancements.

Investors Behind Cloudworx

Namita Thapar and Anupam Mittal: With Namita Thapar and Anupam Mittal onboard as investors, Cloudworx is well-positioned to lead the charge in shaping the future of the metaverse. The investment will provide them with the resources and expertise needed to further develop their platform, forge strategic partnerships, and capture a significant share of the rapidly evolving virtual reality market.

Conclusion:

Cloudworx's success on Shark Tank underscores the growing interest and investment in the metaverse space. With the support of experienced investors like Namita Thapar and Anupam Mittal, Cloudworx is poised to capitalize on this momentum, redefine the way we interact with digital environments, and pave the way for a new era of immersive experiences and possibilities in the metaverse.

You may also like

Leave a Comment

Indian Success Stories Logo

Indian Success Stories is committed to inspiring the world’s visionary leaders who are driven to make a difference with their ground-breaking concepts, ventures, and viewpoints. Join together with us to match your business with a community that is unstoppable and working to improve everyone’s future.

Edtior's Picks

Latest Articles

Copyright © 2024 Indian Success Stories. All rights reserved.