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SP Robotics raises Rs 2 cr from IAN, Chennai Angels

Press Trust of India  |  New Delhi 

Indian Angel Network (IAN) today said it has invested USD 250,000 in Chennai-based startup SP Robotics Works.

Nagaraja Prakasam led this round on behalf of IAN and will also join the board of company. The round has been co-led by The Angels (TCA), IAN said in a statement.

The investment will be primarily used for the growth and expansion of the company, it added.

SP Robotics Works provides robotic education to school and college students under the Kidobotikz brand name. Set up in August, 2012 by Pranavan and Sneha Priya, the startup is working on using robotics to decrease the usage of man-power for monotonous, hazardous and unstable works.

"Robotics is all about practical work. Children want to experiment and since they have time to make mistakes and learn from them, their basics get stronger. We wanted to change the phase of Indian education in par with the international standards by providing practical experiences to the school students," Priya said.

The company plans to launch the digital version of its courseware to inspire more students under Kidobotikz. The same will be soft-launched in within few months and then expanded gradually to various geographies, initially South India, the statement said.

First Published: Wed, March 23 2016. 17:22 IST