Bengaluru-Based Visual Tech Startup Dybo Raises Seed Funding
Dybo, a Bengaluru-based visual tech startup offering product visualisation technology for commerce, has raised Rs 1.2 crore in a seed funding round led by Spanache, a Singapore-based venture capital firm.
The funding round also saw participation from Manoj Nigam, the CEO of MicroD Inc.
As per the startup, it is looking to utilise a significant portion of the funding to refine its flagship products, Dybo360 and DyboAR, making them even easier to adopt and integrate.
The startup also plans to use the funds to expand its team and work on some of the upcoming out-of-the-box concepts that will help the company to elevate to the next level.
Visual Tech Startup Dybo
Co-founded by BITS Pilani alumni Dhawal Jain and Aman Kumar in 2019, Dybo aims to disrupt online and offline stores using its visual technologies.
Presently, Dybo partners with online furniture stores to provide customers with an immersive experience. Making product presentation simplified, Dybo enables customers to play around with a product’s colours and materials to match their preferences and try it in their home before they buy it.
Speaking on the funding, Dhawal Jain, Founder at Dybo, said,
“To be backed by Spanache, one of the most prestigious VC firms in the industry, is like getting a double thumbs-up for our idea. We are on the right course in our mission to challenge the status quo by developing gratifying experiences with visual technologies. We are very hopeful to snowball and expand our markets across geographies with our technological and design abilities.”
At present, Dybo is associated with 50 designers and brands globally. With aggressive plans to target other design-focused products like clothes, accessories, electronics, etc., Dybo has produced over 9.5 trillion photorealistic product visuals in the last six months.
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