Robotics & warehouse automation startup Grey Orange Robotics has raised an undisclosed amount of Series A funding from Tiger Global and Blume Ventures. Angels like FG Wilson president Alok Rawat and Kanbay co-founder Dileep Nath also participated in the round. While the company declined to disclose the investment size to Medianama, several media reports suggest that it has raised Rs 54 crore to Rs 60 crore in this investment round. Prior to this, Grey Orange Robotics had secured investment from Blume Ventures, BITS Sparks Angels and other International Angels. The company mentions that it will be using the investment raised to expand to international markets like Singapore, Dubai and Germany. It will also be using the investment for R&D and hiring. Founded in 2009 by Samay Kohli and Akash Gupta, Grey Orange Robotics builds worker robots and assisting systems for warehouse automation. It has developed two products until now - Butler system & sortation system. Butler system which is the company's flagship product, is a material handling system comprising small robots who traverse on a grid of paths across the warehouse floor to fetch racks of items to the packer while Sortation System is an automated sorting, scanning and weighing system, which sorts and diverts packets to the designated delivery vendors. (Video demo) The company counts Flipkart and Jabong among its customers and claims that its pipeline of customers include large third-party logistics and retail companies.
- Jade Lyngdoh on Content Moderation in Non-English Languages | Meta India Tech Scholars 2021-22 February 1, 2023
- Why is a global approach to crypto regulation needed, according to India’s Economic Survey? February 1, 2023
- Budget 2023: Top Tech Policy Takeaways from Nirmala Sitharaman’s Speech February 1, 2023
- Everything You Need to Know About the India-US Critical and Emerging Technology Initiative February 1, 2023
- RS Sharma, key person for Aadhaar and Co-WIN projects, steps down as Chief of National Health Authority of India February 1, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...