8chili, a deep tech company based in San Ramon, California, and Bangalore, India, has announced a significant investment from strategic investor and mentor Karna D Shinde. In a press statement on Tuesday, the company said that the investment is a pivotal milestone in 8chili’s mission to revolutionise workforce training through immersive technology.
8chili is renowned for its VR platform, HintVR, which delivers immersive training experiences tailored for quality and compliance needs in the healthcare and life sciences sectors. Powered by a sophisticated SDK, HintVR enables organisations to create 3D training simulations 80 per cent faster than traditional methods.
The company's innovative approach to transforming traditional training methods has attracted significant attention from industry leaders and analysts. 8chili has partnered with notable healthcare and life sciences companies, such as Strides Pharma and Apollo Hospitals, who have successfully implemented 8chili’s VR training solutions in their operations.
"We are thrilled to have Karna D Shinde's support as we continue to push the boundaries of immersive training," said Aravind Upadhyaya, Founder and CEO of 8chili. "His strategic insight and financial backing will enable us to accelerate our research and development efforts, expand our market reach, and forge key partnerships within the healthcare industry."
Karna D Shinde expressed his enthusiasm for 8chili’s innovative approach, stating, "I am particularly excited about 8chili's ability to revolutionise traditional training methods and enhance time-to-skill mastery for workers. With their strong track record and clear focus on delivering impactful solutions, I see great potential for 8chili to make a significant mark in the workforce training industry."
As part of its commitment to continuous innovation, 8chili conducts studies to benchmark the impact of VR on training. The company has demonstrated impressive outcomes, including a 50 per cent reduction in time to competency and a 70 per cent reduction in error rates through multiple randomised control trials.
Looking ahead, 8chili is focused on exploring strategic partnerships to expand its library of workforce training modules. These partnerships aim to empower blue-collar workers with a quality-first mindset, ultimately facilitating job placement and enhancing overall workforce competency.
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