About Niqo Robotics
Niqo Robotics is a company based in Bengaluru (India) founded in 2015 by Jaisimha Rao.. Niqo Robotics has raised $22.17 million across 5 funding rounds from investors including FMC Corporation, Bidra and Blume Ventures. The company has 82 employees as of March 31, 2024. Niqo Robotics operates in a competitive market with competitors including Naio Technologies, iFarm, Small Robot, Aigen and XAG, among others.
- Headquarter Bengaluru, India
- Employees 82 as on 31 Mar, 2024
- Founders Jaisimha Rao
- Stage Minicorn
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Sectors
AgricultureIndustrial Goods & Manufacturing
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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 Tartan Aerial Sense Tech Private Limited
- Date of Incorporation 13 Feb, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$157.63 K (USD)29.77as on Mar 31, 2023
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Net Profit
$-1.18 M (USD)-104.38as on Mar 31, 2023
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EBITDA
$-1.27 M (USD)-103.78as on Mar 31, 2023
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Total Equity Funding
$22.17 M (USD)
in 5 rounds
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Latest Funding Round
$13 M (USD), Series B
Apr 26, 2024
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Investors
FMC Corporation
& 8 more
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Employee Count
82
as on Mar 31, 2024
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Funding Insights of Niqo Robotics
Niqo Robotics has successfully raised a total of $22.17M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $13 million completed in April 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 5
- Last Round Series B — $13.0M
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First Round
First Round
(02 Mar 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series B - Niqo Robotics | Valuation | Bidra Innovation Ventures | |
| Sep, 2022 | Amount | Series A - Niqo Robotics | Valuation |
investors |
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| Aug, 2021 | Amount | Series A - Niqo Robotics | Valuation | Omnivore , FMC |
| 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 Niqo Robotics
Niqo Robotics has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FMC Corporation, Bidra and Blume Ventures. 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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Bidra is focused on investing in innovative startup companies.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Agritech startups are funded by Omnivore, a venture capital entity.
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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 Niqo Robotics
| 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 - Niqo Robotics
| 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 |
Niqo Robotics Comparisons
Competitors of Niqo Robotics
Niqo 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 Naio Technologies, iFarm, Small Robot, Aigen and XAG, 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 |
Provider of automated farming solutions
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| domain | founded_year | HQ Location |
Vertical farming technologies are developed by iFarm for sustainable agriculture.
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| domain | founded_year | HQ Location |
Robots for sustainable farming are developed and deployed.
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| domain | founded_year | HQ Location |
Developer of solar powered robots for soil regeneration
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| domain | founded_year | HQ Location |
Smart agricultural machinery and technology are developed and manufactured.
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| domain | founded_year | HQ Location |
Automation solutions for agricultural logistics are developed and supplied.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Niqo Robotics
Frequently Asked Questions about Niqo Robotics
When was Niqo Robotics founded?
Niqo Robotics was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Niqo Robotics located?
Niqo Robotics is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Niqo Robotics?
Jaisimha Rao is the current CEO of Niqo Robotics. They have also founded this company.
Is Niqo Robotics a funded company?
Niqo Robotics is a funded company, having raised a total of $22.17M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.06M, raised on Mar 02, 2019.
How many employees does Niqo Robotics have?
As of Mar 31, 2024, the latest employee count at Niqo Robotics is 82.
What is the annual revenue of Niqo Robotics?
Annual revenue of Niqo Robotics is $157.63K as on Mar 31, 2023.
What does Niqo Robotics do?
Provider of AI-based robotics solutions for farming. It leverages AI and computer vision technology to offer robotic weeders and sprayers. It provides targeted spraying, precise fertilizer dosage, and selective plant spraying solutions. It also offers a mechanical weeder to weed between plants. It also provides AI spot spray technology to convert sprayers into smart sprayers.
Who are the top competitors of Niqo Robotics?
Who are Niqo Robotics's investors?
Niqo Robotics has 9 investors. Key investors include FMC Corporation, Bidra, Blume Ventures, Omnivore, and Beenext.
What is Niqo Robotics's valuation?
The valuation of Niqo Robotics is $38.66M as of Apr 2024.