Meta is launching a new Mixed Reality program in India that comes with a $250,000 grant that will be given to up to five developers and startups.
Meta today launched a new Mixed Reality Program in India with a grant of $250,000 (approximately Rs 2,05,07,050) that will be given to Indian startups and developers to build apps and experiences on the company’s Presence Platform.
Meta’s Presence Platform is a range of machine perception and AI capabilities for the Meta Quest Platform and the company’s dream of the Metaverse. With the fund, it hopes to foster innovation and nurture an ecosystem of extended reality technologies in the country.
Under the program, up to five Indian developers and startups will get a financial grant as well as mentoring and guidance from Reality Labs experts in the company. The program will also give them an opportunity to become part of Meta’s developer ecosystem and upload their product to the Quest App Lab. The company also says that selected startups will also get an introduction to “leading” local venture capital funds at the end of the program.
Source:indianexpress.com