Which Indian stocks are investing in metaverse?

There is a nice article in the internet. The link I will add at the end. The important part is clipped here…

Which Indian companies would do good?

We have seen 7 segments where value exists. Let’s revisit the list once again.

• Companies providing communication, connectivity, Multi-cloud platforms - Tata Communications
• Companies offering AR products - dematerialization of the physical assets through 3D visualization - Tata ELXSI
• Companies that enable digitization of physical assets, tokenization of the platforms & securities, provide blockchain infra - TCS
• Companies enabling gaming in the metaverse - Nazara Technologies
• Companies that would offer advertising solutions - Affle India
• Geospatial mapping services for the metaverse decentraland - Helium, MapMyIndia
• Companies that manufacture wearables - Dixon & any co investing in wearables
• Companies that offer voice, AI agent solutions - Happiest Minds for RPA AI Bots, XELPMOC for MIHUP
• Opportunities are also for companies or platforms that enable digital meetup, launch parties, collaboration solutions, concerts etc.

The list is representative only. The companies that have cloud/digital/multi-cloud/connectivity solutions would do well in this context as well.

But, this list may benefit, may not. For e.g. Tata ELXSI’s investments in AR tech built for their automobile division would help build solutions for metaverse. Management would certainly position themselves for this opportunity.

Nazara, Affle, TCS would definitely benefit. TCS’ Quartz platform is really amazing that enables blockchain infra, multi-chain deployment without really knowing the know-how of underlying blockchain. It also helps tokenize offerings for securities, assets etc.

I am not too sure how much Happiest Minds will position in this space because this is easiest segment of all. Building an AI RPA bot isn’t a big deal today

Article reference:

The Metaverse & Opportunities: The Indian Context - Issue #10