Chennai-based unicorn Zoho Corp. has invested ₹20 crore in Genrobotics, a Kerala-based startup constructing robotics and synthetic intelligence (AI)-based options for social points comparable to hazardous working situations.
Zoho mentioned the funding will help Genrobotics in its mission to eradicate guide scavenging in India and supply security and dignity to employees within the sanitation and oil and fuel industries. This funding is according to Zoho’s mission to nurture the event of a deep-tech ecosystem within the nation.
Genrobotics’ main providing is the Bandicoot robotic, touted because the world’s first robotic machine to scrub confined areas comparable to sewers manholes, sewer wells, storm water manholes, oily water sewers, and storm water sewers in refineries. At the moment, a number of good cities, refineries, multinational corporations, townships and housing colonies throughout 14 states are leveraging Bandicoot robots, eliminating the necessity for human entry into manholes.
Genrobotics has not too long ago ventured into healthcare and launched a robot-assisted gait coaching resolution — G Gaiter — to assist the restoration of individuals with paraplegia by way of improved rehabilitation experiences. Genrobotics merchandise, a part of the Make in India initiative, are utterly designed and manufactured within the nation.
“Nurturing a thriving deep-tech ecosystem in India is one in all Zoho’s priorities, and the funding in Genrobotics is a continuation of that dedication,” mentioned Sridhar Vembu, chief govt officer and cofounder of Zoho.
“Constructing such technological competencies and demanding know-how regionally will help foster sustainable development throughout key sectors, like industrial manufacturing, healthcare, and power, in flip making the nation economically stronger and self-reliant. Making this a actuality requires targeted, long-term investments that assist home-grown deep-tech startups by way of intensive R&D and engineering phases, and allow them to convey their concepts to the market. Taking a look at how far they’ve come already on this journey, Genrobotics‘ imaginative and prescient resonates with us at Zoho and we’re completely happy to fast-track their efforts and assist them of their mission to finish guide scavenging,” Vembu added.
Vimal Govind MK, chief govt and cofounder of Genrobotics, believes India will want multiple lakh robots to finish guide scavenging within the nation. “As we scale to fill the necessity hole, we estimate creation of almost five-lakh jobs throughout the nation. The funding from Zoho will assist us to broaden our superior R&D infrastructure, construct large-scale manufacturing amenities, rent extra expertise, enhance our exports to ASEAN markets and broaden our world footprints.”
Supply: Live Mint