Deepak Nathani, Cybage co-founder, has picked up a 25% stake in visual and interactive communications firm Ethosh. The investment amount remains undisclosed.
Founded in 2011 by Jitendra Dahale and Rahul Deshpande, Ethosh offers visual and interactive communication solutions to organisations. The startup provides video solutions including interactive product experience, virtual and augmented reality, and visual technical learning.
Talking about the investment, investor Deepak Nathani said, “Ethosh is a unique company in the digital space and does advanced videos for marketing and elearning.” With thismove, Deepak will work closely with the founders and mentor them to grow the firm.
Pune-based Ethosh will use the newly raised capital to expand its presence across the US, Europe, and India. According to a company statement, the startup has 50 plus employees in India as well as the US. It claims to have 45 global clients and 3,500 developed videos along with 100 plus interactive communication solutions.
Ethosh’s clientele includes Mahindra Rise, Kirloskar, Suzlon, Qiagen, HAger, etc.
Prior to this in September 2016, Deepak Nathani picked up a 20% stake in Pune-based automobile maintenance startup Demyto, for an undisclosed amount.
(This development was reported by ET.)
