A closer look at some Indian IT companies eerily reveals their growth plans in exploring the Metaverse, and other whimsical plans of using the technology to enhance the shopping experience, employee engagements, setting up virtual banks, NFT marketplaces, virtual automobile dealerships, and whatnot.
Recently, Tech Mahindra’s chief CP Gurnani told Analytics India Magazine that they are working on 60 metaverse projects globally. Out of these, 25 projects are in ed-tech, while the remaining are in retail, automotive dealer management, repair and maintenance of cars, and others. Gurnani also mentioned that it is one of their fastest-growing practices.
Last month, Tech Mahindra, in partnership with Union Bank of India, announced the launch of Metaverse Virtual Lounge and the Open Banking Sandbox environment.
In February 2022, the company announced the launch of…