Translucia, the Metaverse developer subsidiary of T&B Media Global (Thailand), and Sunovatech India, an immersive and augmented reality company, announced on Friday a series of initiatives to build a Metaverse and talent ecosystem.
Translucia has partnered globally to build an extensive ecosystem of Metaverse elements to create a $3 billion virtual world.
Sunovatech will act as the production center to create 3D assets, environments and modules for the Translucia metaverse.
The collaboration, the companies say, will also bring together large corporations and startups specializing in related Metaverse technologies to help build a comprehensive ecosystem.
The engagement will include companies across multiple industries, including healthcare, education, arts and culture, technology and real estate.
“We have partnered with potential companies around the world in technology infrastructure development, creativity, interactive user experience, finance and economics/tokenomics to build an interconnected $3 billion metaverse and we believe that India is a perfect destination to discover talent that would help accelerate our development project,” said Dr. Jwanwat Ahriyavraromp, Founder & CEO of T&B Media Global and Founder of Translucia.
“Building a metaverse is a complex process and this partnership will allow for the unification of experts from all related technologies on a single platform to make that vision a reality,” Ahriyavraromp said in a statement.
As part of the partnership, Translucia has agreed to provide support, collaboration and investment, and to hold hands to jointly develop Translucia-Metaverse on a global scale.
With over 20 years of experience, Sunovatech will design 3D virtual reality experiences for Translucia.
Sunovatech, which specializes in 3D modeling and rendering design, will help in the development of 3D assets and environments for visualization using its exceptional Unreal Engine technology development and specialists.
“We are excited to enter this new phase of collaboration where we will work with the Indian ecosystem working on Metaverse and other immersive technologies. Around 50 to 60 companies are currently working in this field in India. Our ultimate goal is to work with them to leverage the expertise of each and every one of these companies to create something that is competitive on the global stage,” said Rishi Ahuja, Founder of Sunovatech.
“Also, India is home to a large technology talent pool, and with new-age technologies such as Metaverse, AR/VR, etc. playing a large role in the future growth of the countries, we also look forward to building a strong talent ecosystem well under.” of this partnership. Sunovatech will be a gateway for Translucia to enter India and engage with the growing ecosystem for the metaverse here,a he explained.
–IANS
na/ksk/
(Only the headline and image of this report may have been edited by the staff at Business Standard; the rest of the content is auto-generated from a syndicated feed.)
