About HoverRobotix
HoverRobotix is a company based in Ludhiana (India) founded in 1964. It operates as a D2C. HoverRobotix offers products and services including Basic Hoverboard, Robosuit Hoverboard, 8” Lambo X-Bot Hoverboard, Hoverkart X Bot Hoverboard, and All Terrain Suv Hoverboard. HoverRobotix operates in a competitive market with competitors including Cocoa Motors, Piaggio Fast Forward, Hendo Hover, NUA Robotics and Mozzie, among others.
- Headquarter Ludhiana, India
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Sectors
Transportation, Automotive & LogisticsConsumer
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Products & Services of HoverRobotix
HoverRobotix offers a comprehensive portfolio of products and services, including Basic Hoverboard, Robosuit Hoverboard, 8” Lambo X-Bot Hoverboard, Hoverkart X Bot Hoverboard, and All Terrain Suv Hoverboard. 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.
Self-balancing device for easy and safe commuting.
Advanced hoverboard with robust structure for daily use.
Electric scooter for fun and efficient short trips.
Versatile device combining hoverboard and kart features.
Rugged hoverboard for various terrains and adventures.
Compact self-balancing scooter for urban navigation.
AI-enabled hoverboard for intuitive control and movement.
Funding Insights of HoverRobotix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by HoverRobotix
| 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 - HoverRobotix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Hoverrobotix Comparisons
Competitors of HoverRobotix
HoverRobotix 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 Cocoa Motors, Piaggio Fast Forward, Hendo Hover, NUA Robotics and Mozzie, 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 |
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Inbound and outbound tour packages to international destinations are provided.
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Autonomous cargo robot for urban mobility
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Hoverboards are developed using patented magnetic levitation over metal surfaces.
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Develops a robotic carry-on that automatically follows the user.
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Serves as a private-label brand for electric hoverboards.
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| domain | founded_year | HQ Location |
Social robots for concierge services are provided by Tausan Robotics.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Frequently Asked Questions about HoverRobotix
When was HoverRobotix founded?
HoverRobotix was founded in 1964.
Where is HoverRobotix located?
HoverRobotix is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
What does HoverRobotix do?
HoverRobotix designs and sells AI-powered self-balancing hoverboards and electric scooters that use advanced technology for effortless movement by leaning. The company focuses on sustainable, zero-fuel personal transport devices. Based primarily in Ludhiana, India, with additional offices in Delhi, Mumbai, Australia, and Mauritius, it serves individual consumers seeking fun and efficient commuting options. Client feedback highlights ease of use and safety features.
Who are the top competitors of HoverRobotix?
HoverRobotix's top competitors include Piaggio Fast Forward, Cocoa Motors and Hendo Hover.
What products or services does HoverRobotix offer?
HoverRobotix offers Basic Hoverboard, Robosuit Hoverboard, 8” Lambo X-Bot Hoverboard, Hoverkart X Bot Hoverboard, and 3 more products and services.
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