BREAKING Flam raises $14M Series A from RTP Global - May 2025 MILESTONE 380+ million users reached across Flam campaigns AWARD Forbes Asia 30 Under 30 - 2022 FUNDING $22M total raised - 100+ global brand clients RECORD Mixed reality experiences delivered in under 300 milliseconds BREAKING Flam raises $14M Series A from RTP Global - May 2025 MILESTONE 380+ million users reached across Flam campaigns AWARD Forbes Asia 30 Under 30 - 2022 FUNDING $22M total raised - 100+ global brand clients RECORD Mixed reality experiences delivered in under 300 milliseconds

Founder Profile  /  Mixed Reality

Shourya
Agarwal

Founder & CEO  -  Flam

He built a platform that turns a newspaper into a cinema screen and a QR code into a Ranveer Singh appearance - no app required. Then he raised $22M to do it at planetary scale.

$22M Total Raised
380M+ Users Reached
100+ Brand Clients
300ms MR Load Time
Shourya Agarwal, Founder & CEO of Flam
Forbes Asia
30 Under 30
2022
49X Higher Engagement vs Traditional Ads
4X Higher Conversion Rate
5X Revenue Growth Since 2024
150+ Employees Globally

A letter from his father changed everything

In his third year at BITS Pilani - one of India's elite engineering colleges - Shourya Agarwal received a letter from his father. Inside were childhood photographs. There was nothing digital about it; just paper, ink, and memory. But Shourya found himself wishing the images could somehow move, play, come alive. That ache - the gap between physical memory and digital experience - became the seed of everything.

In 2018, freshly graduated from BITS Pilani with a computer science degree alongside classmates Malhar Patil and Rajat Gupta, Shourya co-founded Homingos. The concept was deceptively simple: printed photos that play embedded videos when scanned. They called them "Smartphotos." Within two months of launching, the app hit #1 trending on the Google Play Store. The market had just confirmed what Shourya suspected - people would pay to make still images breathe.

But consumer apps are a brutal game. Shourya and his co-founders had built something more valuable than a greeting card novelty: a proprietary pipeline for overlaying digital experience onto the physical world, fast enough to feel magical. In 2021, they pivoted Homingos into Flam - an enterprise mixed reality platform aimed squarely at brands and advertisers.

The Moment It Clicked

Britannia, March 2024. Bollywood megastar Ranveer Singh appears in a newspaper ad - in mixed reality - via a simple QR code scan. No app. No headset. The physical page of a newspaper becomes a portal. Brands stopped asking "what is mixed reality?" and started asking "how do we book a campaign?"

The Britannia-Ranveer Singh campaign was the inflection point. Flam had spent years refining the infrastructure - image recognition, AI-powered ground tracking, 3D rendering optimized for mobile GPUs - and that campaign was proof it all worked at commercial scale. Revenue grew 5X in the year that followed. More than 100 global brands signed up, including Google, Samsung, Netflix, Emirates, Flipkart, ICICI Bank, and even the US Presidential Elections campaign.

Shourya's core insight is stubbornly practical: the barrier to immersive media isn't consumer willingness, it's friction. Every AR experience that required an app download bled 80% of potential users before they ever saw the content. Flam's app-less architecture - delivering full mixed reality in under 300 milliseconds via QR codes or direct links - erased that friction entirely. Scan. Experience. No download. No waiting.

The platform runs on proprietary AI infrastructure including real-time image recognition, generative AI motion capture, and AI avatar technology. Brands upload assets; Flam's system handles rendering, tracking, deployment, and measurement across any smartphone, any channel, any surface - print, digital, out-of-home, broadcast, live events. The analytics dashboard tells a brand not just how many scans happened, but how users moved through the experience and where they converted.

In May 2025, Flam closed a $14M Series A led by RTP Global - bringing total funding to $22M. The round arrived with plans to ship a self-serve MR publishing platform, automated 3D asset generation tools, and an integrated advertising suite. Shourya describes the goal plainly: "It's time to make MR measurable, scalable and creatively limitless." The company operates from two hubs - a 60-person engineering team in Bengaluru and a sales and product operation out of San Francisco's Howard Street - with plans to expand to 180+ employees by end of 2025.

The longer arc, as Shourya frames it, is nothing less than the infrastructure layer for what he calls the "physical internet" - a world where every surface, every touchpoint, every printed page and billboard and TV spot can be made interactive, measurable, and alive. Not as a science fiction vision but as a marketing tool brands can buy today. That grounded ambition - imagination constrained by commercial reality - is what separates Flam from the wave of AR hype that came before it.

"
The world is meant to be experienced. Immersive media shouldn't just be a video - but the creation of immersive media should be as easy and ubiquitous as a video.
Shourya Agarwal - Founder & CEO, Flam

$22M in five years, step by step

Seed $3.5M Silicon Valley Quad 2023
Pre-Series A $4.5M TurboStart, Twin Ventures May 2024
Series A $14M RTP Global + Dovetail May 2025

The road from Pilani to San Francisco

2013

Enrolled in Computer Science at BITS Pilani - where he would meet future co-founders Malhar Patil and Amit Gaiki.

2018

Graduated from BITS Pilani. Co-founded Homingos with Rajat Gupta and Malhar Patil - a platform for AR smartphotos that prints videos into physical media.

2018-19

Homingos hit #1 trending on Google Play Store within two months of launch. Consumer appetite for AR-enhanced physical media confirmed.

2021

Pivoted Homingos to Flam - repositioned from consumer app to enterprise mixed reality publishing platform for brands.

2022

Named to Forbes Asia 30 Under 30 in the Consumers Technology category, alongside co-founders Malhar Patil and Rajat Gupta.

2023

Secured $3.5M seed round led by Silicon Valley Quad. Began building out enterprise sales and expanding the core AI infrastructure stack.

Mar 2024

Britannia x Ranveer Singh mixed-reality newspaper campaign launched - one of the first Bollywood celebrity MR experiences in Indian print media. The campaign validated Flam's commercial model.

May 2024

Raised $4.5M Pre-Series A led by TurboStart, Twin Ventures, and Alphatron Capital to fuel expansion into North America, Europe, and MENA.

2024-25

Revenue grew 5X since monetization; 100+ global brand clients onboarded including Google, Samsung, Netflix, Emirates, and the US Presidential Elections campaign.

May 2025

Closed $14M Series A led by RTP Global. Total funding reaches $22M. Plans for GenAI toolchain, self-serve publishing, and integrated ad suite. 380M+ users reached.

What drives the builder

"

Our mission is to turn every touchpoint - digital, physical, live, or broadcast - into something interactive and unforgettable.

"

With this Series A funding, we're shipping the GenAI toolchain brands and enterprises have been begging for. It's time to make MR measurable, scalable and creatively limitless.

"

Democratizing AR content creation, sharing, and consumption as the first point of entry for today's internet users is critical to our ambition of building a social network for the metaverse.

"

The world is meant to be experienced. Immersive media shouldn't just be a video. That said, the creation of immersive media should be as easy and ubiquitous as a video.

100+ brands, one platform

From Indian FMCG giants to global tech companies, political campaigns to entertainment studios - Flam's client list spans industries and geographies.

Google
Samsung
Netflix
Emirates
Flipkart
Britannia
ICICI Bank
Hyundai
Tanishq
Dabur
AJIO
Wargaming
Vadilal
US Presidential Elections
Shashi Tharoor
"
A wave of Augmented Reality-based interactions will precede the adoption of the metaverse. Democratizing AR content creation is the first point of entry.
Shourya Agarwal

Built on the full stack

Flam's infrastructure runs across mobile, cloud, and AI stacks. Shourya's team ships in Kotlin, Swift, React, TypeScript, Rust, and more - backed by AWS, GKE, and a proprietary AI pipeline.

TensorFlow PyTorch React Next.js TypeScript Kotlin Swift / Objective-C Rust ARCore OpenGL WebGL Node.js Docker Kubernetes / GKE AWS EC2 Apache Beam GraphQL Firebase SentenceTransformers JAX Weights & Biases Figma

Six things worth knowing

01

The idea for Flam started with a physical letter from Shourya's father, filled with childhood photos. The desire to make those images move sparked an entire company.

02

Flam experiences load in under 300 milliseconds - faster than most web pages render above the fold. That speed is the entire business model.

03

All three co-founders - Shourya, Malhar Patil, and Amit Gaiki - are BITS Pilani alumni. The founding team was assembled on a single campus over five years.

04

Flam ran mixed reality campaigns for the US Presidential Elections - making it one of the few Indian startups to touch American electoral advertising infrastructure.

05

The Britannia-Ranveer Singh newspaper campaign in 2024 was among the first times a Bollywood celebrity appeared in a mixed-reality print ad in India.

06

Homingos, Flam's predecessor app, reached #1 trending on Google Play within 60 days of launch - with zero paid advertising and two founders fresh out of college.

Building the physical internet

Shourya's stated mission is to make immersive mixed reality as easy to create and publish as uploading a YouTube video. The GenAI toolchain Flam is shipping in 2025 will let brands generate 3D assets automatically and publish MR campaigns through a self-serve interface - no production agency required.

The longer arc is a world where every physical surface - a newspaper, a billboard, a TV screen, a product package - can be scanned to reveal a live, interactive, measurable digital layer. Not the metaverse as science fiction. The metaverse as your next ad buy.

2025 Roadmap

Self-serve MR publishing platform

Product

Automated 3D asset generation via GenAI

Expansion

North America, Europe, Middle East, Asia

Team

Growing from 150 to 180+ employees

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