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Thai firm Translucia selects India's Sunovatech for $3 billion metaverse project

The partnership marks the entry of Translucia in India. Translucia is a subsidiary of T&B Media Global run by Chearavanont family members -- counted among Asia's top 5 richest family based out of Thailand.

October 06, 2022 / 08:29 AM IST
Representative image

Representative image

Thailand-based Translucia has onboarded Sunovatech, which specialises in immersive and extended reality, for its USD 3 billion metaverse project, the Indian firm said.

The partnership marks the entry of Translucia in India. Translucia is a subsidiary of T&B Media Global run by Chearavanont family members -- counted among Asia's top 5 richest family based out of Thailand.

"We are delighted to work with Sunovatech India including our global partners. These partners bring their unique expertise, talent and advanced technologies to help Translucia achieve its goals. Sunovatech contribution is critical as the talent from India will bring in quality, speed of production, cost efficiency, and commitment," T&B Media Global founder and CEO Jwanwat Ahriyavraromp said in a statement.

The global alliance includes Singapore-based digital asset bank Sygnum, Melbourne-based metaverse research and development centre Two Bulls, and Chines creative firm Black Flame.