“Facebook aims to do through the acceleratory programme in partnership with T-Hub. We will work with 10 Indian VR-based startups,” said Ashutosh Jhaveri, vice-president of business development for Facebook.
The social media major will make use of Oculus, its VR technology products, to create quality VR content for Indian users. The startups will get access to Facebook’s VR technology lab as part of the six-month accelerator program.
Facebook has been emphasising VR based products to develop innovative content. Mark Zuckerberg’s company is also giving an opportunity for 10 teams of engineering students to create a next generation VR product idea. Facebook ties up with Startup Village Collective to do this.
It will take time for VR to grow in India but we want to be there when it happens,” Jhaveri Global told at Entrepreneurship Summit last week.
“VR content has great potential in India,” added Javeri.
Facebook is looking to provide more local content than western content. The move is catalyze its popularity across India.
The company intends to create volumes of innovative local content through the accelerator programmes.