About Gridbots
Gridbots is a company based in Ahmedabad (India) founded in 2007 by Pulkit Gaur.. Gridbots has raised $1.19 million across 2 funding rounds from investors including DroneAcharya, Surender Kajla and Nitin Gupta. The company has 15 employees as of April 04, 2024. Gridbots offers products and services including High Speed Sorting Systems and Robotic Technologies. Gridbots operates in a competitive market with competitors including Vicarious, RightHand Robotics, Agile Robots, Gecko Robotics and Universal Robots, among others.
- Headquarter Ahmedabad, India
- Employees 15 as on 04 Apr, 2024
- Founders Pulkit Gaur
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gridbots Technologies Private Limited
- Date of Incorporation 15 May, 2009
- Jurisdiction Dascroi, Gujarat, India
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Annual Revenue
$281.1 K (USD)213.04as on Mar 31, 2022
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Net Profit
$-31.8 K (USD)41.36as on Mar 31, 2022
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EBITDA
$-18.4 K (USD)56.6as on Mar 31, 2022
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Total Equity Funding
$1.19 M (USD)
in 2 rounds
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Latest Funding Round
$1.19 M (USD), Seed
Jan 05, 2024
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Investors
DroneAcharya
& 54 more
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Employee Count
15
as on Apr 04, 2024
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Products & Services of Gridbots
Gridbots offers a comprehensive portfolio of products and services, including High Speed Sorting Systems and Robotic Technologies. 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.
Automated solutions for efficient industrial sorting processes.
Systems for enhancing manufacturing and operational efficiency.
Funding Insights of Gridbots
Gridbots has successfully raised a total of $1.19M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.19 million completed in January 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 2
- Last Round Seed — $1.2M
- First Round First Round
- Investors Count 55
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - Gridbots | Valuation |
investors |
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| Aug, 2009 | Amount | Debt – Conventional - Gridbots | 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 Gridbots
Gridbots has secured backing from 55 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include DroneAcharya, Surender Kajla and Nitin Gupta. 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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Early-stage tech startups are supported via venture capital and acceleration.
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Founded Year | Domain | Location | |
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Provider of drone solutions, training, and services across multiple industries
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Founded Year | Domain | Location | |
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SK
Surender Kajla |
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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 Gridbots
| 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 - Gridbots
| 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 |
Gridbots Comparisons
Competitors of Gridbots
Gridbots 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 Vicarious, RightHand Robotics, Agile Robots, Gecko Robotics and Universal Robots, 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 robotic arms are developed for industrial automation tasks.
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Deep learning-based vision for autonomous robot perception is provided.
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| domain | founded_year | HQ Location |
Wall-climbing robots are developed for boiler inspections at power plants.
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| domain | founded_year | HQ Location |
Collaborative robot arms are provided for industrial applications.
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| domain | founded_year | HQ Location |
Motion control, robotics, and system engineering solutions are provided globally.
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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 Gridbots
Frequently Asked Questions about Gridbots
When was Gridbots founded?
Gridbots was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Gridbots located?
Gridbots is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Is Gridbots a funded company?
Gridbots is a funded company, having raised a total of $1.19M across 2 funding rounds to date.
How many employees does Gridbots have?
As of Apr 04, 2024, the latest employee count at Gridbots is 15.
What is the annual revenue of Gridbots ?
Annual revenue of Gridbots is $281.1K as on Mar 31, 2022.
What does Gridbots do?
Gridbots was founded in 2007 in Ahmedabad, India, focusing on robotics manufacturing for industrial applications. Manipulators, automated guided vehicles, and machine vision systems are developed for sectors including industrial operations, defense, space, nuclear, and homeland security. Material transport, end-of-line automation, and inspection solutions for sorting, web, and bottles are provided, alongside accessories for research, residential, and consumer uses.
Who are the top competitors of Gridbots ?
Gridbots 's top competitors include Vicarious, Universal Robots and Yaskawa.
What products or services does Gridbots offer?
Gridbots offers High Speed Sorting Systems and Robotic Technologies.
Who are Gridbots 's investors?
Gridbots has 55 investors. Key investors include DroneAcharya, Surender Kajla, Nitin Gupta, Gaurav Kumar, and Sameer Kerpal.
What is Gridbots 's valuation?
The valuation of Gridbots is $19.28M as of Jan 2024.