Gaming
Infinite Reality secures $3 billion investment to drive immersive technology innovation
MUMBAI: Immersive technology and digital media innovation firm Infinite Reality (iR) has closed a landmark $3 billion equity investment from a private investor specializing in global technology and real estate. The funding underscores confidence in iR’s vision for the next generation of the internet, leveraging extended reality (XR) and artificial intelligence (AI).
The investment positions iR as a major player in the rapidly growing immersive technology sector, projected to reach nearly $1 trillion by 2030. CEO John Acunto emphasised the company’s commitment to empowering businesses and creators with tools to craft immersive digital experiences while retaining full ownership of their data and customer relationships.
“This fundraise validates our mission to build an immersive platform that powers the next era of the web,” said Acunto. “Our customers can now seamlessly transition from 2D websites to immersive spaces, optimising their operations and unlocking new revenue opportunities.”
IInfinite Reality plans to leverage the funding for continued expansion, including acquisitions, partnerships, and product development. Key recent milestones include:
* The significant expansion of iR’s MENA presence through partnerships with both public and private sectors. This rapid growth is highlighted by multiple high profile collaborations, including the development of advanced digital twin technologies for practical applications such as interactive training and safety demonstrations for the UAE ministry of finance, as well as the recent unveiling of the digital twin of the DMCC Crypto Centre. The momentum will continue to build with upcoming prominent projects across the region including Saudi Arabia, Qatar, and beyond, encompassing initiatives with government entities, tourism authorities, and premier real estate developers.
* The $450 million purchase of Dubai-based Landvault (now iR Enterprise) which has built over 1.2 million square feet of virtual experiences for countless high-profile brands including Mastercard, Standard Chartered, Hershey, a Cannes Lion-winning Heineken campaign with Dentsu, groundbreaking activations with Hershey in Decentraland, and the innovative World of Women experience in The Sandbox.
* The closing of multiple acquisitions, including the $250 million acquisition of the Drone Racing League, the $75 million purchase of Ethereal Engine, Action Face, and Stakes. These deals strengthened iR’s capabilities in computer vision and spatial web technology, gaming, robotics, and more.
* Continued work with Warner Bros. Discovery Sports, including the launch of the FIM SGP-VERSE app, the world’s first socially interactive and fully immersive speedway experience with features such as customisable camera streams, an exclusive pit reporter feed and on-demand video content.
In addition, iR is advancing its Florida innovation hub, transforming a former Superfund site into a state-of-the-art headquarters in Fort Lauderdale, expected to create thousands of jobs and bolster the region’s technological leadership.
Co-founder Amish Shah noted that the investment, secured as equity without debt, allows iR to execute its vision without restrictions. “This partnership provides us with unparalleled resources to grow through innovation, acquisitions, and global market expansion.”
Infinite Reality’s iR Studio, a no-code immersive SaaS platform, will see further enhancements to democratise access to XR technology. By combining AI and proprietary tools, the company aims to make immersive digital experiences accessible and scalable for brands and creators worldwide.
Gaming
IICT signs three MoUs to boost AVGC-XR and esports
Partnerships with Zenfluencers, Yologram and Eruditio at Chennai Gaming Show 2026 strengthen education, XR innovation and nationwide talent outreach.
MUMBAI: IICT has just levelled up the game in a big way. The Indian Institute of Creative Technologies signed three strategic Memorandums of Understanding on 17 April 2026 at the CII Summit FX – India Gaming Show in Chennai, forging alliances with The Zenfluencers, Yologram Style Pvt. Ltd. and Eruditio Consultants to accelerate India’s AVGC-XR ecosystem.
The tie-ups combine IICT’s strengths in education, skilling and research with specialist expertise across esports, immersive technologies and large-scale outreach.
- With The Zenfluencers, IICT will roll out globally benchmarked esports programmes, including joint certification courses, industry workshops, tournaments and masterclasses, creating clear career pathways across the full esports value chain.
- The partnership with Yologram Style Pvt. Ltd. focuses on gaming, immersive storytelling and extended reality (XR), delivering industry-aligned curriculum, faculty mentorship, student showcases and collaborative research in immersive AI and virtual production.
- Collaboration with Eruditio Consultants targets awareness, accessibility and career alignment, with nationwide counsellor training, institutional engagement and structured guidance frameworks to reach students beyond Tier-1 cities.
IICT CEO Vishwas Deoskar said, “As the AVGC-XR sector evolves at a rapid pace, strong collaborations between industry and academia are essential. These partnerships will create meaningful impact across education, innovation and outreach.”
Yologram Style Pvt. Ltd. founder Aditya Mani added, “AI-driven creator worlds are transforming games into engines of culture, commerce and careers. Together we aim to empower a generation to build immersive futures.”
Eruditio Consultants founder Indrajit Ghosh noted, “This is not just about awareness, it is about building a structured ecosystem that connects aspiration with opportunity.”
The Zenfluencers CEO Atharva Gupta said, “This MoU is a big unlock moment for the esports ecosystem in India. We’re building a structured pipeline for talent across the full stack.”
By bringing together academia, industry leaders and ecosystem players, IICT is creating scalable models that blend cutting-edge skills with real-world relevance. In a sector racing toward the future, these three partnerships ensure India’s next generation of creative technologists won’t just keep up, they’ll set the pace.
