Startup Stories

SparkVR, Started In March 2022 Made A Revenue Of Rs 40,00,000 So Far.

sparkvr

Ready to revolutionize education? SparkVR is a cutting-edge technology, using VR headsets to transport students to a parallel world that’s more captivating than ever.

SparkVR Technologies Private Limited is developing cutting-edge technology. They want to bring revolutionary changes in the field of education. They want students to use VR Headsets.

With the help of VR Headsets, the students can transport themself to a simulated world that is more engaging than watching a movie or playing a game with surrounding sound. The company wants students not to be distracted by anything so they can easily focus on their studies.

They are transforming the way of studying. They are not only converting the schools digitally but also making them future-ready with the help of interactive Virtual Reality Content. The team wants to modernize the world of education.

The Sparkvr strengths include Quality content verified by a highly qualified board and professional teachers across the world.

The highly collaborative team possesses teamwork, leadership, and the ability to meet deadlines without compromising quality. Their core designers are highly qualified as they are making great efforts to deliver the best output.

Business Model of Sparkvr

The founder has started the company in March 2022. The company has raised funds of Rs 50,00,000 and operates in the B2B segment.

They earn their revenue through content subscriptions by their clients. They have also made a revenue of Rs 40,00,000 so far.

How Sparkvr is Helping You?

There are a number of facilities provided by Sparkvr such as: It helps in Time management for the students because paying extra money for coaching is a burden for parents. It can also be the reason for lack of motivation in students. Overall, the company helps in keeping the students outside the 4 wall education system.

How is the Sparkvr Journey So Far?

They have raised the funds and developed content to speed up their journey. They have also established the 1st VR lab in Madhya Pradesh which was inaugurated by ex-CM Mr Shivraj Singh Chauhan. The team wants to revolutionize private schools.

Former CM of MP MR.Shivraj Singh Chauhan

Meet the Innovators

The company is owned by Nikhil Bhatnagar who has 10 years of experience in the educational industry..  From a home tutor to an Entrepreneur, he finds two major problems:

  1. The part time jobs in India.
  2. Parents are paying the amount but not getting the good teachers.

Then he came up with the idea of Sparkvr which is in the latest technology like Augmented reality & Virtual reality. His company is the first one in the city to crack the biggest investment deal of Rs 1 cr. He has started his journey with the investment of Rs 250 only and now his company stands in the top 5 startups of Madhya Pradesh.  

Mayank Shrivastava is the Co- founder of Sparkvr. He has an educational background in the Engineering and design field.

As the Co- founder of SparkVR, an edtech startup that revolutionizes education. He leads a team of passionate and talented professionals who share a common vision: to make learning immersive and interactive.

With over 10 years of experience in the education industry, he has a deep understanding of the challenges and opportunities that educators and learners face in the digital age.

Nikhil & Mayank Founders of SparkVR

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Vision of the SparkVR

They dream of a future where millions of young minds and countless schools use cool technologies like VR and AR to make learning hands-on and exciting for everyone.

Their vision is to change how all learn, making it easy for everyone and turning it into a fun journey of discovery, creativity, and growth.


Frequently Asked Questions(FAQs)

What does Sparkvr do?

SparkVR Technologies Private Limited is developing cutting-edge technology. They want to bring revolutionary changes in the field of education.

What is the revenue model of Sparkvr?

The founder has started the company in March 2022. The company has raised funds of Rs 50,00,000 and operates in the B2B segment. They earn their revenue through content subscriptions by their clients. They have also made a revenue of Rs 40,00,000 so far.

Who is the founder of Sparkvr?

The company is owned by Nikhil Bhatnagar and Mayank Shrivastava is the Co- founder of Sparkvr.

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