Genrobotics Raises Rs 2 5 Crore In Pre Series A

Genrobotics, a Trivandrum – based robotics company has raised Rs 2.5 crore in Pre Series A round from existing investors Unicorn India Ventures. Genrobotics has already been working along with the Central Ministry as well as with State Governments in the mission of eradicating manual scavenging from the entire country. Vimal Govind, Co-founder CEO, Genrobotics, says, “We are so happy that Bandicoot is bringing smiles to those innocent ones and we believe that our efforts brought light into the stinking realities of Manual scavenging in India. It was a great moment for us when Mr. Anand Mahindra took a personal interest in favor of robotic solutions for the real crisis hidden in. Mr.Mahindra has offered his full support on implementing Bandicoots in each and every corner of India for putting an end to this dehumanizing activity completely and it has accelerated the process of transforming the Manual scavenging to Robotic scavenging.” Anil Joshi, Managing Partner, Unicorn India Ventures, “We are happy that we went against our rules of not investing in just an idea in the case of Genrobotics. When we met them 2 years back in Kerala, the prototype was ready and they needed funding for a commercial-ready product. We decided to back them as we saw the potential robotics can bring to certain socially important issues especially if the team backing the business is as passionate as we have seen in Genrobotics. We believe that they have developed a globally relevant product and are already in talks with some international Governing bodies for its deployment. To facilitate their expansion plans, we have decided to back them up with additional funds.”