What the business is
Demoverse is a Bengaluru-based AI-powered product co-creation platform where consumers design products alongside brands rather than react to finished ones.
Starting capital
$600K pre-seed: Lumikai invested $500K through its Pixels programme, joined by UAE deep-tech investor-operator Marlan and a group of angels.
How it started
Founded in 2026 by Akshay Mehta, Demoverse built a platform where brands float a concept to their community and members co-create on top of it using AI-powered design tools, combining generated designs with human preferences and community participation so brands can identify designs with stronger consumer validation before manufacturing.
What happened
The company runs a B2B2C model with around seven closed trials with Indian brands, and plans three revenue streams: campaign fees for co-creation campaigns, commerce, and paid participation from its most active users in larger design challenges and contests. Alongside the enterprise offering it is building a consumer-facing application, and it will use the fresh capital to build its design community, strengthen the consumer app and expand into the US market. Lumikai's Salone Sehgal separately confirmed the gaming-and-interactive-media VC plans to launch its third fund next year.
What has to be true
Inventory uncertainty is the most expensive guess in physical products, and pre-manufacturing co-creation turns it into data.
AI design tools make thousands of community variations cheap to produce and filter, which older focus-group models couldn't scale.
Starting with fashion targets the category where wrong guesses are most visible — unsold stock — making the value case easiest to demo.
What can be applied
Move the feedback loop before manufacturing: a community that designs the product has already voted on demand by the time production starts.
Aftermath
As of September 22, 2026, Demoverse was a pre-seed company with seven closed brand trials, a consumer app in development, and a US expansion on the roadmap, funded by Lumikai, Marlan and angels.
FOLLOW THE EVIDENCE
The sources
- Lumikai leads $600K pre-seed round in Demoverse entrackr.com