About Accio Robotics
Accio Robotics is a company based in Bengaluru (India) founded in 2019 by Pranav Srinivasan and Tuhin Sharma. Accio Robotics has raised $2.29 million across 5 funding rounds from investors including Roots Ventures, Unisync Angels and B2B 1K Ventures. The company has 15 employees as of March 31, 2024. Accio Robotics offers products and services including AccioPick Air, AccioPick Pilot, AccioKart, and AccioOS. Accio Robotics operates in a competitive market with competitors including GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Locus Robotics, among others.
- Headquarter Bengaluru, India
- Employees 15 as on 31 Mar, 2024
- Founders Pranav Srinivasan, Tuhin Sharma
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
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Email
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Phone
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Website
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Social
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- Legal Name Illuminify Technologies Private Limited
- Date of Incorporation 25 Apr, 2019
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$12.07 K (USD)-71.14as on Mar 31, 2024
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Net Profit
-$761.24 K (USD)-540.66as on Mar 31, 2024
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EBITDA
-$691.93 K (USD)-531.93as on Mar 31, 2024
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Total Equity Funding
$2.29 M (USD)
in 5 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Sep 22, 2023
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Investors
Roots Ventures
& 36 more
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Employee Count
15
as on Mar 31, 2024
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Products & Services of Accio Robotics
Accio Robotics offers a comprehensive portfolio of products and services, including AccioPick Air, AccioPick Pilot, AccioKart, and AccioOS.
Automated system for efficient order picking in fulfillment centers.
Robotic system enhancing warehouse productivity with human collaboration.
Carts that boost picking speed and warehouse operations.
System for analyzing and integrating warehouse processes from receiving to dispatch.
People of Accio Robotics
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Software Development Team
2 people
Co Team
1 people
Embedded Team
1 people
Founder’s Team
1 people
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Funding Insights of Accio Robotics
Accio Robotics has successfully raised a total of $2.29M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Accio Robotics
Accio Robotics has secured backing from 37 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Roots Ventures, Unisync Angels and B2B 1K Ventures.
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Private equity focused on software companies
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Investments are made in early-stage companies by Unisync Angels network.
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Early-stage venture capital investments conducted in a sector-agnostic manner.
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Investor details for Accio Robotics
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Investments & Acquisitions by Accio Robotics
Investment portfolio details for Accio Robotics
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Financial Statements - Accio Robotics
Detailed financials for Accio Robotics
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Accio Robotics Comparisons
Peer comparison for Accio Robotics
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Competitors of Accio Robotics
Accio Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GreyOrange, Third Wave Automation, Agility Robotics, Kindred and Locus Robotics, among others.
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AI and SaaS-based robots for warehouse automation are provided.
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AI and cloud-driven automation is delivered for warehouse material handling.
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Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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Provider of a pick and place robot for e-commerce applications
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Automated robotic solutions are provided for warehouse operations.
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Warehouse automation tools and last-mile transportation solutions are provided.
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Detailed competitors of Accio Robotics
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Latest news on Accio Robotics
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Frequently Asked Questions about Accio Robotics
Accio Robotics was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Accio Robotics is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Accio Robotics is a funded company, having raised a total of $2.29M across 5 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Accio Robotics is 15.
Annual revenue of Accio Robotics is $12.07K as on Mar 31, 2024.
Accio Robotics was founded in 2019 in Bengaluru, India, within the robotics sector focused on warehouse automation. Robotic systems for picking tasks, such as bin-to-person and assisted options, are provided to integrate with existing fulfillment operations. Processes from receiving to dispatch are analyzed, assigned, and optimized through these solutions, supporting efficient warehouse workflows.
Accio Robotics's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Accio Robotics offers AccioPick Air, AccioPick Pilot, AccioKart, and AccioOS.
Accio Robotics has 37 investors. Key investors include Roots Ventures, Unisync Angels, B2B 1K Ventures, Angel Scions, and BIG Capital.
The valuation of Accio Robotics is $13.4M as of Sep 2023.