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Tech company Zoho Corp invests Rs 20 cr in Deep Tech Startup Genrobotics

Tech company Zoho Corp invests Rs 20 cr in Deep Tech Startup Genrobotics
Tech company Zoho Corp

SaaS-based tech startup Zoho Corporation has invested Rs 20 crore in the Anand Mahindra-backed robotics startup Genrobotics.

This investment by Zoho will help Genrobotics to increase its manufacturing capabilities, and thus reduce the practice of manual scavenging in India.

The Thiruvananthapuram-based Genrobotics was founded in 2015 by Vimal Govind, Arun George, Rashid K, and Nikhil NP, Its offering is the Bandicoot robot, which it claims is the world’s first robot scavenger.

These Bandicoot robots helps in cleaning confined spaces like sewer manholes, sewer wells, storm water manholes, oily water sewers (OWS) and storm water sewers (SWS) in refineries.

“The company has managed to rehabilitate hundreds of people working as manual scavengers into robot operators”, said, Vimal Govind, co-founder and CEO of Genrobotics.

Smart cities, urban local bodies (ULBs), refineries, multinational companies (MNCs), townships and housing colonies in 14 states are currently taking advantage of Bandicoot robots.

Genrobotics is backed by Anand Mahindra and Rajan Anandan, it also raised funds from Unicorn India Venture, SEA Group, among others.

“Nurturing a thriving deep-tech ecosystem is one of the priorities of Zoho and the investment in Genrobotics is part of that commitment”, said, Sridhar Vembu, co-founder and CEO of Zoho Corporation.

In October 2020, Genrobotics had raised Rs 2.5 crore in its pre-Series A funding round led by existing investors Unicorn India Ventures. Anand Mahindra and SEA Fund.

About Genrobotics

GenRobotic Innovations specialized in the design and development of robotic solutions to address the most pressing social issues. Their best in class solutions combines the use of robotics and artificial intelligence in a seamless fashion.

The company was founded in 2015 by a young group of passionate engineers specialized in robotics and defense engineering. As a social enterprise, they have created successful social impact through the conception, designing and development of “Bandicoot” a semi-robotic device with a human-controlled interface to clean manholes. The success of Bandicoot has earned several laurels for us from across the world. Today they take pride in bringing quality changes into the lives of manual scavengers.

As an entity, Genrobotics continuously strives to be at the forefront dedicated to innovation & development of cutting-edge robotic solutions that touches the lives of many and thereby bringing transformative changes in society. Also, they would constantly touch base with institutions having aspiring young engineers to work closely with them to develop solutions for the overall wellbeing of the society.

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