Shriram Group will become the first Indian Non-Bank Finance Company (NBFC) to have a metaverse branch by Q1 2023, it reported. commercial standard.

This will be a shared virtual world environment that people can access via the Internet. Shriram’s digital arm, Novac Technology Solutions, which works in virtual reality (VR), augmented reality (AR) and mixed reality (MR), will put the group into a metaverse that will have solutions for customers and employees.

“We are trying to create a private metaverse solution for our group. By the first quarter of next year, Shriram Group will also have a presence in the metaverse concept,” said Pradeep B, Associate Vice President of Novac.

“We hope to become the first NBFC to do it in India (to be in the metaverse)…