00:00 Intro
00:24 Addverb Technologies
01:23 Genrobotic Innovations
02:09 Ati Motors
02:53 Svaya Robotics
03:50 Niqo Robotics
04:48 Gridbot Technologies
05:36 Sastra Robotics
06:35 EyeRov Technologies
07:26 Miko
08:16 Mukunda Foods
09:23 Outro
Addverb Technologies: based in Noida, was founded in 2016 by Sangeet Kumar and former Asian Paints colleagues. Specializing in robotic automation for warehouses, their robots facilitate processes like picking and sorting. With a 2023 revenue of 450 crore rupees, 80% sourced from India, they fulfilled their vision of domestic robot production. In 2022, Reliance acquired a 54% stake for $132 million, valuing Addverb at approximately $270 million.
Genrobotics: The National Startup Award recipient based in Thiruvananthapuram, was established in 2017 by Vimal Govind MK, Nikhil PN, Arun George, and Rashid BA. Addressing the persistent issue of manual scavenging in India, their robot, Bandicoot, has proven effective in cleaning sewers, eliminating the need for human endangerment. Despite the outlawing of manual scavenging, government data reveals over 58,000 individuals still engaged in the practice.
Ati Motors: Bengaluru based industrial robotics startup established in 2017 by Saurabh Chandra, Saad Nasser, and Vinay V, specializes in electric autonomous robots for cargo transport in warehouses. Their flagship robot, Sherpa Tug, autonomously pulls multiple trolleys with a 1,000 kg payload, featuring a swappable battery for an 8-hour operation.
Svaya Robotics: established by Vijay R Seelam in 2018, specializes in manufacturing industrial and collaborative robots (cobots) designed to automate high-precision tasks, such as packaging fragile items or quality inspection, working alongside humans. Notably, Svaya collaborated with DRDO to develop India’s own quadruped robot, potentially having significant military applications, such as carrying heavy payloads for Indian soldiers or surveillance in enemy territory.
Niqo Robotics: Bengaluru-based agritech startup, founded by Jaisimha Rao in 2015, is revolutionizing farming with tiny robots that precisely target and spray the correct amount of pesticide for each plant. Using cameras with computer vision, these robots assess and spray in a swift 150 milliseconds, significantly reducing pesticide use by almost 60%.
Gridbot Technologies: an indigenous robot manufacturer founded by Pulkit Gaur in 2007, focuses on addressing human challenges by leveraging robotics. Initially designing an underwater robot for tank cleaning, Gridbot has expanded to cater to diverse industries and applications. Remarkably, the company has achieved success without VC funding, maintaining a cost advantage-producing robots at 1/5th the cost of competitors.
Sastra Robotics: led by Achu Wilson, Aronin Ponnappan, and Akhil Asokan, specializes in robotic arms designed for electronic device testing. While companies traditionally spend 256 days on testing, Sastra Robotics' arm reduces this time to just 15 days. Notably, their first prototype, exhibited in 2015, garnered interest from Bosch, leading to the development of an industrial model for testing Bosch's car stereos.
EyeRov Technologies: established in 2016 by Johns T Mathai and Kannappa Palaniappan P, introduces India's inaugural commercial underwater ROV, the EyeROV TUNA. Designed for surveying and monitoring underwater structures, it safely reaches depths of 100 meters in challenging conditions, providing live video feeds. EyeRov has served over 40 clients since their initial order from DRDO's Naval Physical and Oceanographic Laboratory in 2017.
Miko: an AI-powered robot manufacturer for children, was founded in 2015 by IIT Bombay graduates Sneh Vaswani, Chintan Raikar, and Prashant Iyengar. Their interactive companion robots recognize kids' faces and sense their moods, engaging them in activities based on emotions, from playing games to teaching math. Since 2016, Miko has sold these robots, with the latest version, Miko 3, available in over 140 countries. In the 2022 financial year.
Mukunda Foods: Bengaluru-based kitchen automation startup, founded by Eshwar Vikas and Sudeep Sabat in 2012, initially operated as a dosa-centric quick-service restaurant (QSR) chain. Recognizing challenges in maintaining dosa consistency across outlets, they developed the DosaMatic, an automatic dosa maker. Evolving into a full-time kitchen automation solution provider, Mukunda Foods aims to standardize food preparation processes for Indian QSR chains. Presently offering six food automation robots, including the DosaMatic, they've sold over 3,000 units across 22+ countries.
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