In Startup50 2017: Backed by India Angel Network and Stanford Angels, SmartVizX is one of India’s earliest entrants in the virtual reality space. Currently, it services companies in architecture, construction, real estate and industrial sectors and has an impressive clientele including Tata Power, Asian Paints, Lodha Group and McKinsey & Company
Founders: Gautam Tewari, Tithi Tewari
Quick to gain traction: Since its inception in 2015, SmartVizX has grown at a fast clip bringing on board over 55 clients across industries. In addition, the 50-member team has successfully launched and implemented several products including its flagship products, ArchViz and 360Viz, which bring about an immersive visualisation experience for users. While ArchViz represents the highest level of quality and interactivity one can get from a real time visualization, ArchViz M provides visual fidelity and interactivity on a mobile platform. 360 Viz brings to life an existing property be it a house, office or production factory through stereoscopic 360 visuals layered on an intuitive user interface.
For FY17, SmartVizX’s has recorded revenues of Rs. 12.21 crore and is on track to better this number next fiscal.
Savings on cost and time: Through its product lines, SmartVizX helps clients save immensely on cost and time. One of the best examples of this is when the company created an office project which was applied at the stages of construction and building. Effectively, the client and principal contractor benefited from this in terms of cost and time.
Focus on content: There’s no doubt that virtual reality is our future, poised to be as big as the Internet. As the Tewaris have discovered, what needs to support and drive VR is content creation and SmartVizX is focused on this for all areas, going beyond gaming. At present, the company works with Intel to test its hardware with SmartVizX’s VR content.
- Launched over 3 product lines including flagships, ArchViz and 360Viz
- Brought on board 55 clients including Tata Power, Asian Paints, Lodha Group and McKinsey & Company
- Backed by investors India Angel Network and Stanford Angels with an investment of US$ 530,000