3rdFlix Visual Effects Pvt Ltd, a Hyderabad-based edtech company, has raised $5 million in a Pre-Series A round led by Exfinity Ventures with participation from YourNest, IDFC Parampara, and HNIs.
3rdFlix plans to use the capital raised to increase its current market penetration from 1.5+ lakh in the Classs VI-XII segment and launch immersive and experiential content later this year. The statup is also planning to launch in international markets in the next 18 months, particularly the US, Africa, the UAE, and Southeast Asia.
Founded in 2014 by Subbarao Siddabattula, Ilangovel Thulasimani, and Charu Noheria, 3rdFlix uses VFX and technologies such as ML/AI, AR, VR, and MR to create life-like intelligent shared experiences for enhanced learning. The company offers two key products - an AI-enabled learning platform under the brand name Corsalite and yet-to-be-launched immersive content product under the brand name 3rdFlix.