Robotics Startup Raising Initial Funds In Visakhapatnam
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About Business
The company will specialize in intra-logistics automation, with a focus on Automated Mobile Robots (AMRs) and Automated Guided Vehicles (AGVs). Headquartered in Visakhapatnam, India, the company aims to revolutionize warehouse operations by integrating AI-driven navigation, real-time path planning, and seamless connectivity with WMS/ERP systems.
The solutions are built using advanced technologies such as the ROS2 framework, SLAM-based navigation, and Nvidia Jetson processors, enabling the robots to perform intelligent and adaptive movement within warehouse environments. The product lineup includes variants like the Invastar 100, 300, 600, 1000, and 1500, with payload capacities reaching up to 1.5 tons.
The business addresses critical inefficiencies in warehouse operations, especially those exposed by the COVID-19 pandemic, such as the need for higher productivity, reduced labor dependency, and accurate, scalable logistics systems.
The prototype is developed.
Clientele type
Its primary target market includes warehouses, distribution centers, manufacturing facilities, e-commerce and retail companies, logistics providers, and third-party logistics (3PL) players.
Premises
OWNED
Premise Size: 1200 sft
Market Value (in INR): 2.50 Cr
The company operates from its owned workshop located in Akkayyapallem, Visakhapatnam, spanning 1,200 sq. ft.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 20.00 L
Reason
The owner is looking to raise funds to support:
Further product development
Procurement of advanced hardware
Infrastructure expansion
Marketing, branding, and customer acquisition
Operational scalability
Licenses
GST
More Details
The company currently has a team of 4 employees actively involved in its operations.
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₹10 to ₹200 Cr
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