3rdFlix Visual Effects Pvt Ltd, which is a Hyderabad based edtech company has now secured $5 million in the funding round of Pre-Series A led by the Exfinity ventures with the collaboration from the IDFC Parampara, HNI’s and YourNest.
Shailesh Ghorpade, Managing Partner and CIO, Exfinity Venture Partners LLC, said:
“3rdFlix is founded by a stellar founding team that is driven by a mission to democratize effective learning by supplementing teachers with content that is immersive, modular, and conceptualised by veteran academicians. In India, there is an acute problem of imparting effective knowledge and 3rdFlix attacks this core issue by ensuring that its cutting-edge content can make teaching effective and increase student engagement.”
The company as of now has a plan to use the capital secured to increase its current market penetration from the 2 lakh in the Class VI-XII segment and launch the experimental and immersive content later this year. The startup is also planning to launch in international markets in the coming 18 months, particularly Africa, the US, Southeast Asia, and UAE.
The company which is founded by the Ilangovel Thulasimani, Siddabattula, and Charu Nohria. It uses the VFX and technologies such as the AR, VR, ML/AI, and MR to create a lifelike intelligent shared experience for enhanced learning. The company provides two key aspects – an AI-enabled learning platform under the brand name Corsalite and yet to be launched an immersive content product under the brand name as 3rdFlix.
“With amazing advancements in spatial computing combined with artificial intelligence, we are looking at a new era of intelligent, interactive and immersive content that will change the way we learn,”Subbarao Siddabattula, Founder & CEO of 3rdFlix