About Genrobotics
Genrobotics is a company based in Thiruvananthapuram (India) founded in 2017 by Vimal Govind Manikandan Kondayath, Nikhil Puthiyaveettil Nettur, Rashid Karimbanakkal, and Arun George. It operates as a AI-as-a-Service, and Product-as-a-Service. Genrobotics has raised $5.79 million across 7 funding rounds from investors including Bharat Petroleum, Unicorn India Ventures and Seafund. The company has 104 employees as of October 31, 2024. Genrobotics offers products and services including Bandicoot Robot, G Gaiter, Draco, and Genbot & GBot. Genrobotics operates in a competitive market with competitors including Solinas Integrity, RedZone Robotics, Pallon, ACWA Robotics and GeneRobotics, among others.
- Headquarter Thiruvananthapuram, India
- Employees 104 as on 31 Oct, 2024
- Founders Vimal Govind Manikandan Kondayath, Nikhil Puthiyaveettil Nettur, Rashid Karimbanakkal, Arun George
- Stage Minicorn
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Sectors
EnvironmentIndustrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Genrobotic Innovations
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Annual Revenue
$2.63 M (USD)-4as on Mar 31, 2024
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Net Profit
$-68.02 K (USD)0as on Mar 31, 2024
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EBITDA
$127.63 K (USD)-73as on Mar 31, 2024
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Total Equity Funding
$5.79 M (USD)
in 7 rounds
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Latest Funding Round
$358.47 K (USD), Angel Round
Sep 28, 2024
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Investors
Bharat Petroleum
& 11 more
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Employee Count
104
as on Oct 31, 2024
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Products & Services of Genrobotics
Genrobotics offers a comprehensive portfolio of products and services, including Bandicoot Robot, G Gaiter, Draco, and Genbot & GBot. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Urban hygiene is improved by eliminating hazardous cleaning tasks.
Mobility is restored through advanced robotic gait training technology.
Safety is enhanced by robotic crude oil tank cleaning.
Humanoid hardware is developed for global robotics advancement.
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Funding Insights of Genrobotics
Genrobotics has successfully raised a total of $5.79M across 7 strategic funding rounds. The most recent funding activity was a Angel Round round of $358.47 thousand completed in September 2024. 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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Angel Round — $358,467
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Angel Round - Genrobotics | Valuation | Nupur Goenka |
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| May, 2024 | Amount | Seed - Genrobotics | Valuation | Edcite |
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| Sep, 2022 | Amount | Grant - Genrobotics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Genrobotics
Genrobotics has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bharat Petroleum, Unicorn India Ventures and Seafund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm offering seed funding and support to startups in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Genrobotics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Genrobotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Genrobotics Comparisons
Competitors of Genrobotics
Genrobotics 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 Solinas Integrity, RedZone Robotics, Pallon, ACWA Robotics and GeneRobotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based pipeline cleaning robots are provided for infrastructure management.
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| domain | founded_year | HQ Location |
Robotic and software solutions for wastewater network monitoring are provided.
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| domain | founded_year | HQ Location |
AI-based platform for pipeline monitoring
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| domain | founded_year | HQ Location |
Provider of robots for drinking water pipeline inspection
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| domain | founded_year | HQ Location |
Provides advanced sewage cleaning robots for efficient waste management solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Genrobotics
Frequently Asked Questions about Genrobotics
When was Genrobotics founded?
Genrobotics was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Genrobotics located?
Genrobotics is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
Who is the current CEO of Genrobotics?
Vimal Govind Manikandan Kondayath is the current CEO of Genrobotics. They have also founded this company.
Is Genrobotics a funded company?
Genrobotics is a funded company, having raised a total of $5.79M across 7 funding rounds to date.
How many employees does Genrobotics have?
As of Oct 31, 2024, the latest employee count at Genrobotics is 104.
What is the annual revenue of Genrobotics?
Annual revenue of Genrobotics is $2.63M as on Mar 31, 2024.
What does Genrobotics do?
Genrobotics is engaged in creating innovative robotics and AI technologies to address critical challenges across multiple sectors. Solutions are developed for sanitation, healthcare, oil and gas, and advanced research in humanoid robotics. The company is committed to enhancing safety and dignity by removing humans from hazardous tasks. Operations span urban hygiene with the Bandicoot robot, neurorehabilitation through G Gaiter, industrial safety via Draco, and global robotics advancement with Genbot and GBot. A strong emphasis is placed on human-centric innovation to uplift and protect lives.
Who are the top competitors of Genrobotics?
Genrobotics's top competitors include RedZone Robotics, Solinas Integrity and Pallon.
What products or services does Genrobotics offer?
Genrobotics offers Bandicoot Robot, G Gaiter, Draco, and Genbot & GBot.
Who are Genrobotics's investors?
Genrobotics has 12 investors. Key investors include Bharat Petroleum, Unicorn India Ventures, Seafund, Edcite, and Swachhata Startup Challenge.
What is Genrobotics's valuation?
The valuation of Genrobotics is $26.64M as of Sep 2024.
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