hyderabad tech mahindra techm on monday became one of the first players in the country to announce the rollout of its metaverse practice called techmverse as part of efforts to drive commerce in metaverse and provide interactive and immersive experiences to customers globally techmverse was unveiled simultaneously at hyderabad and the mobile world congress mwc being held at barcelonatechm plans to leverage its network and infrastructure capabilities as well as its emerging tech capabilities in pervasive artificial intelligence ai blockchain 5g augmented reality ar virtual reality vr and quantum computing to build b2b use cases across sectors to start with it will leverage its mahindra group companies to develop use cases like a metaversebased car dealership called dealerverse a virtual bank called meta bank nft nonfungible tokens marketplace middlemist as well as a gaming centerit will have four hubs globally dedicated to techmverse including hyderabad and pune in india dallas in the us and london in uk techm managing director ceo cp gurnani told newspersons on monday he said the hyderabad centre will play in techmverse and will be known as the metaverse capital for techm from where it will serve 1200 customers globally and help them migrate to metaversepointing out that the currently about 100 employees are working on metaverse mainly out of hyderabad and pune he said plans are afoot to ramp this up to about 1000 people in one year with 50 of the new team comprising of inhouse talent and the rest through industry hiringwhile the hyderabad team will be focused on blockchain nft cloud technology and integrated services the team in pune has skills around ai arvt and spatial computing the company will be hiring talent around content designing ai 5g and spatial computing a digital environment where individuals can interact with each other in a 3d virtual space the global metaverse revenue opportunity is estimated at about 800 billion by 2024