Recognition is often the result of persistence, innovation, and purpose. For Shantanu Barai, Founder of IAVerse, the journey from a startup launched with ₹3 lakhs in 2022 to a ₹12 crore enterprise has been studded with both challenges and accolades.
His company’s flagship products—iTwinity and iSimulo—are at the heart of this rise. These platforms have revolutionized industries by providing real-time operational visibility and immersive simulation for training and workflow optimization. The ability to modernize without replacing entire systems is IAVerse’s strongest value proposition.
But the awards tell only part of the story. In just three years, Shantanu himself has been named Digital Visionary of the Year 2025, while IAVerse bagged the Most Transformative Digital Twin Innovation Award. CIO Tech Outlook Magazine also placed the company among the 10 Most Promising Deeptech Companies in India.
These accolades reflect not just innovation but also resilience. Resistance to change, integration hurdles, and ROI skepticism were formidable barriers. Shantanu tackled them through pilot projects, showing measurable benefits before scaling.
For him, inspiration came from Satya Nadella’s example, proving that legacy systems can indeed evolve into future-ready platforms. Like Nadella, Shantanu believes innovation must be practical, scalable, and integrative.
Looking forward, IAVerse’s ambitions are bold: expanding into smart cities, infrastructure, and advanced manufacturing hubs to become a global leader in industrial modernization.
Shantanu’s advice for entrepreneurs is grounded in his own journey: “Solve problems that matter. Build long-term value, not just quick wins. Align innovation with the market’s readiness, and success will follow.”
IAVerse’s rise is not just about revenue or recognition—it is about rewriting how industries approach modernization. With awards in hand and ambition in heart, Shantanu Barai is charting a course that promises to make IAVerse a global force.