Venture Catalysts invests in AR/VR innovator CUSMAT - Express Computer

Venture Catalysts, India's first, largest and pioneering integrated incubator and accelerator platform, has invested an undisclosed amount in CUSMAT – a startup that builds high immersion training systems for enterprises moving metrics across productivity, safety and customer satisfaction. The seed funding round was led by Venture Catalysts investor – Raveen Sastry of Multiply Ventures. Co-investors Vaibhav Domkundwar, Better Capital, Rakesh Verma Chairman, MapMyIndia, Pratap Atwal, Director, CIPL (coronation Mining & Infra) also participated in the fund raise. Founded by three NIT Warangal, 2016 graduates Abhinav Ayan (CEO), Anirban Jyoti Chakravorty (CTO) and Soumyaranjan Harichandan (Head of Product), CUSMAT leverages AR/VR/MR and AI-based technologies to skill, upskill, train and assess people in enterprises. The company currently offers 5 training products, catering to more than 15 industries including Logistics, Electronics, Manufacturing, Mining, Steel, Cement, Pharmaceutical and Healthcare, among others.