iHub Robotics Raises Funds for Kerala Plant

iHub Robotics, a leading humanoid robotics startup, has secured Rs 4.3 crore in pre-seed funding from American investors. The funds will be utilized to set up India's largest humanoid robotics manufacturing unit in Kerala, strengthening its mission to establish India as a world leader in robotics and AI-based automation. The firm plans to generate more than 150 employment opportunities within the next two years, adding significantly to India's deep-tech ecosystem. iHub Robotics has already gone global by shipping its semi-humanoid robot, Tara Gen-1, to the UAE and Saudi Arabia. The firm is also focused on empowering future generations of AI and robotics pioneers through its educational programs. 

Source: BW Disrupt, Entrackr, Entrepreneur India