"Zee Media, MAI Labs Launch Immersive Platform 'MayaaVerse'"

Zee Media and MAI Labs join forces to introduce 'MayaaVerse,' an immersive tech platform. This collaboration promises to offer users an innovative and engaging experience, combining Zee Media's expertise with MAI Labs' cutting-edge technology. 'MayaaVerse' aims to redefine immersive content consumption, providing users with a unique and captivating journey through virtual environments and interactive experiences.

Having secured more than USD 17.5 million in funding at a valuation of 250 million from investors worldwide, MAI Labs intends to raise an additional USD 50 million at a valuation of 500 million dollars.

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On Wednesday, the immersive technology startup MAI Labs unveiled its latest platform, MayaaVerse, in collaboration with Zee Media Partners, led by Subhash Chandra. MayaaVer

Tapan Sangal, Lead Visionary at MAI Labs, emphasized the significance of MayaaVerse as a milestone in redefining human-computer interaction and fostering creativity within immersive environments. This development signifies a pivotal shift toward seamless integration of the physical and digital realms in interaction. 

Sangal articulated the aim to revolutionize the creator economy by empowering creators to innovate, collaborate, and monetize their digital content through immersive technologies and AI. Confident in the platform's potential, MAI Labs is committed to substantial investment in this technological frontier.

The platform's primary features will leverage VR and AI to create lifelike environments, accessible without the requirement of high-end systems. It will serve as a comprehensive platform for creators to exhibit, safeguard, distribute, and monetize their digital works. 

Additionally, it will offer diverse interactive and immersive experiences for enhanced digital engagement. Zee Media's involvement is pivotal, with plans to develop exclusive immersive content, host virtual events, and enable interactive fan interactions within MayaaVerse, foreseeing its potential impact.

Zee Entertainment Enterprises emphasized their longstanding commitment to content creation, which has remained central to their strategic vision since their inception. As pioneers in the media and entertainment industry, ZEE has consistently led the way, setting trends across various domains. 

Their collaboration with MayaaVerse represents another groundbreaking step in content creation, offering an opportunity to elevate the entertainment experience through cutting-edge technology. By embracing immersive virtual environments, exclusive VR content, and interactive features, this partnership aims to enhance viewer engagement and unlock potential revenue streams. 

ZEE is enthusiastic about joining forces with MayaaVerse to deliver world-class content to audiences worldwide.

After securing more than $17.5 million from international investors at a valuation of $250 million, MAI Labs intends to pursue an additional $50 million funding round with a valuation target of $500 million.

Source: Entrepreneur‍