Page 3 - Robotics

Robotics firm DiFACTO raises Rs 40 cr in funding from Stakeboat Capital

Bengaluru-based startup will use Series A financing to expand business

Milagrow expects to hit Rs 100 crore revenue mark in next three years

Homegrown robotics company Milagrow looks to hit the Rs 100-crore revenue mark in the next three years on account of cost rationalisation of the devices, a senior company official said. Milagrow lost its founder Rajeev Karwal, a pioneer in the field of indigenous commercial robots, to COVID-19 in May 2021 and restarted business under Amit Gupta. "In 2020-21, we registered 1,200 per cent growth. We were doing very well and now restarted the business. We expect to be a Rs 100 crore revenue company in the next three years at conservative estimate. We are going for all kinds of cleaning robots-- floor cleaning, pool cleaning and window cleaning robots," Gupta, who has retained his designation of vice president--the position at which he joined the company, said. He said that the company assembles some products in India and has a dedicated factory in China. Gupta said that the company plans to set up a manufacturing facility in India either in Uttar Pradesh or Uttarakhand after achieving

Alphadroid aims to empower hospitality industry with service robots

Robotics company Alphadroid aims to develop a machine that empowers overall business processes with sustainability and cost efficiency

AI faces its 'Oppenheimer moment' during killer robot arms race

Spreading global conflict combined with financial incentives for companies to promote AI adds to the challenge of controlling killer robots, according to Jaan Tallinn

Explained: How the AI that drives ChatGPT will move into physical world

Like chatbots and image generators, this robotics technology learns its skills by analysing enormous amounts of digital data

Warehouse robotics firm GreyOrange closes $135 mn Series D funding

GreyOrange will deploy the growth capital to accelerate the company's technology and continue its global expansion

Surge of user interest in GenAI this year: Automation Anywhere's Kothari

The impact of process automation to address the looming workforce productivity challenges will be enormous, says Kothari

Mika becomes world's first robot CEO, thinks she's better than Musk

'With advanced AI and machine learning algorithms, I can swiftly and accurately make data-driven (decisions)'

WATCH | Robots serve tea to PM Modi at Gujarat's Robotics Gallery

#WATCH | Robots serve tea to PM Modi at Gujarat's Robotics Gallery. #robots #pmmodi #modi #gujarat >

Decoded: What are essential components of 'National Strategy for Robotics'?

The draft NSR proposes a policy framework for the implementation of robotics in various sectors, with the aim of making India a global robotics leader by 2030

A first: Hyderabad-based pvt sector firm Grene Robotics unveils Indrajaal

Providing 360-degree protection, Indrajaal can defend areas of up to 4000 square kilometres against all classifications and levels of unmanned autonomous threats

BS Startup: Robotics company Ati Motors disrupting logistics sector

The company's advanced autonomous mobile robots (AMRs) combine artificial intelligence, computer vision, and state-of-the-art hardware to perform complex tasks in dynamic environments

Material solutions firm 3M launches abrasive robotics lab in Bengaluru

"India is a growing market and that is why we are investing in the abrasive robotics lab in the country," said Terry Ceulemans, Global Application Engineering Director, 3M

Addverb: Automation company making robots in India, for the world

The Addverb journey began at Asian Paints, where the co-founders Sangeet Kumar, Prateek Jain, Bir Singh, and Satish Kumar Shukla, worked on automating warehouses

Ati Motors raises $10.85 million in funding round led by True Ventures

The company said the latest funding will enable it to deploy robotics technology in industrial environments and warehouses, and enter the US, South East Asia, Japan, and European markets

Addverb eyes Rs 8,000 cr revenue; to invest Rs 500 cr in manufacturing

Reliance Retail-owned robotics firm Addverb expects to cross Rs 8,000-crore revenue mark in five years, with scaling up of manufacturing operations and diversifying target market base, a senior company official said. Addverb Technologies co-founder and CEO Sangeet Kumar told PTI that the company will invest Rs 500 crore in its Greater Noida-based robot manufacturing facility in phases to realise USD 1-billion revenue in five years. "We will invest Rs 500 crore in our manufacturing facility in phases. Once this investment is done, we expect revenue of USD 1 billion, which will be over Rs 8,000 crore," Kumar said. The company has already invested Rs 200 crore in its Greater Noida manufacturing unit which was inaugurated by Uttar Pradesh Chief Minister Yogi Adityanath last week. Addverb manufacturing unit is spread over 6 lakh square feet, out of which the company has built facility in about 2.5 lakh square feet. "Last year, we did revenue of Rs 450 crore. This year we are planning t

Medical robotic market set to witness 8% CAGR to $15.8 bn by 2030: Report

The report revealed that every segment of the medical robotics market will grow over the next decade, driven by the demand for high-volume procedures

Telangana government launched the first robotics framework in the country

The Telangana state launched a state robotics framework equipped with testing facilities and co-working options. It is the sixth such framework developed by Emerging Technologies Wing

Telangana govt launches first of its kind State Robotics Framework

The Telangana government on Tuesday launched State Robotics Framework, a first of its kind policy in India, aimed at creating a sustainable robotics ecosystem and to position the state as a leader in the field of robotics. The Framework is a comprehensive roadmap that outlines the state's vision for the development of the robotics ecosystem in the state and contributing to the growth of the industry in the country, an official release said. The framework was developed by the Emerging Technologies Wing of the ITE&C Department of Telangana in collaboration with the All India Robotics Association and inputs from academia, industry experts and stakeholders. The framework focuses on leveraging robotics technology to drive growth and development across four key domains agriculture, healthcare, industrial automation and consumer robotics. The state will set up a Robo park equipped with testing facilities, co-working options, and co-production/manufacturing options either at sites owned

Robotic thumb, arm, wings on humans could soon be a reality: Scientists

Advancements in human augmentation are likely to give humans a robotic thumb, arm or arms, wings, or tentacles in the coming decades, according to scientists