Shriram Group to have metaverse presence in first quarter of 2023

It would be the first NBFC in India to give customers such a service

The Shriram Group will have a metaverse branch by the first quarter of 2023, becoming the first Indian non-banking financial company (NBFC) to be in a shared virtual world environment that people can access via the internet.

Novac Technology Solutions, Shriram’s digital arm that works on virtual reality (VR), augmented reality (AR) and mixed reality (MR), will put the group on metaverse that will have solutions for customers and employees.

“We are trying to create a private metarverse solution for our group. By the first quarter of next year, Shriram Group will also have a presence in the metaverse concept,”