Bangalore-based deep-tech company 8chili gets funding

8chili, a deep-tech company based in San Ramon, California, and Bangalore, has raised an undisclosed amount from strategic investor and mentor Karna D Shinde, the company said in a press note today, May 21.

Shinde, a legal expert turned investor in the US, supports startups that are engaged in artificial intelligence (AR) and virtual intelligence (VR) surgical training and patient engagement.

8chili has developed a VR platform, HintVR, to deliver training for various disciplines. The company plans to use the fresh funding to initiate immersive technology for the workspace.

"We are thrilled to have Karna D Shinde's support as we continue to push the boundaries of immersive training. His strategic insight and financial backing will enable us to accelerate our research and development efforts, expand our market reach, and forge key partnerships within the healthcare industry," said Aravind Upadhyaya, founder and CEO, 8chili.

HintVR would help organisations to adopt a comprehensive immersive training platform with a clear focus on ROI. The company claims that the platform is 80 per cent faster in content creation saving time and money for clients and thus breaking barriers for enterprise-wide VR adoption for training.

8chili has partnered with customers in the healthcare and life-science industry, like Strides Pharma and Apollo Hospitals, that have recognised the value of 8chili’s offerings and have implemented the company’s solutions in their operations.

It also claims to have demonstrated impressive results, including a 50 per cent reduction in time to competency and a 70 per cent reduction in error rates through multiple randomized control trials.