Introduction
India’s robotics and automation landscape is no longer futuristic; it’s a fast-scaling reality. With applications spanning consumer education, warehouse logistics, cardiac surgery, sanitation, solar cleaning, and defence, robotics is moving from niche pilots to mainstream deployment. These startups represent the intersection of hardware, AI, and industrial design, where high capital intensity is matched by global ambitions.
Their FY24 revenues, ranging from ₹15 Cr to ₹370 Cr, reflect both commercial traction and sectoral diversity, a sign that Indian robotics is stepping into the global spotlight.
1. Rn Chidakashi Technologies Private Limited (Miko)
- City: Mumbai
- Founding Date: 19 Jan 2015
- FY 2024 Revenue: ₹ 367.1 Cr
- Latest Valuation: ₹ 1,608.7 Cr (as of 22 Aug 2024)
- About the company: Founded by Sneh Vaswani, Prashant Iyengar, and Chintan Raikar, Miko builds AI-powered consumer robots designed to engage, educate, and entertain children. Its flagship products are sold in 140+ countries, integrating conversational AI, emotional intelligence, and interactive content partnerships. With high repeat usage and strong global penetration, Miko showcases India’s ability to build world-class consumer robotics brands.
2. Addverb Technologies Limited (Addverb)
- City: Noida
- Founding Date: 24 Jun 2016
- FY 2024 Revenue: ₹ 290.6 Cr
- Latest Valuation: ₹ 2,591.0 Cr (as of 30 Mar 2023)
- About the company: Founded by Satish Shukla, Sangeet Kumar, and colleagues, Addverb is India’s leading warehouse automation company. It offers Autonomous Mobile Robots (AMRs), Automated Storage & Retrieval Systems (ASRS), and robotics-driven warehouse solutions. With Reliance Industries’ backing, Addverb has expanded its scale and manufacturing footprint, positioning itself as a global automation contender.
3. Sudhir Srivastava Innovations Private Limited (SS Innovation)
- City: Gurugram
- Founding Date: 10 Oct 2019
- FY 2024 Revenue: ₹ 120.8 Cr
- Latest Valuation: ₹ 2,140.6 Cr (as of 12 Dec 2024)
- About the company: Founded by Sudhir Srivastava, a globally renowned cardiac surgeon, SS Innovation focuses on surgical robotics. Its flagship “SSI Mantra” is India’s first indigenously developed modular robotic surgical system, offering cost-effective alternatives to global leaders. The company’s mission is to make robotic surgery more accessible across emerging markets, backed by strong IP and medical expertise.
4. Parc Robotic Systems Private Limited (Parcrobotics)
- City: Pune
- Founding Date: 13 Apr 2018
- FY 2024 Revenue: ₹ 90.9 Cr
- Latest Valuation: Not publicly disclosed
- About the company: Founded by Bharat Gite, Prashant Patil and Nitin Kakade, Parcrobotics develops industrial automation solutions, including robotic arms, pick-and-place machines, and custom robotic systems for factories. Its emphasis is on scalable, affordable automation for SMEs and large manufacturers alike. With traction in the auto and electronics industries, Parcrobotics reflects India’s growing industrial robotics sector.
5. Air Touch Solar India Private Limited (Airtouchsolar)
- City: Noida
- Founding Date: 2020
- FY 2024 Revenue: ₹ 68.4 Cr
- Latest Valuation: ₹ 7.3 Cr (as of 08 Dec 2021)
- About the company: Founded by Yanir Allouche (as part of Airtouch Solar Ltd, Israel), Airtouch Solar India designs robotic cleaning systems for solar panels, specialising in waterless, automated cleaning technology. These robots improve efficiency in large-scale solar farms by reducing energy losses of up to 30%. As India pursues ambitious renewable energy targets, Airtouchsolar India plays a critical role in enabling solar asset longevity and output.
6. Griffyn Robotech Private Limited (Griffyn)
- City: Pune
- Founding Date: 2018
- FY 2024 Revenue: ₹ 30.4 Cr
- Latest Valuation: ₹ 1.2 Cr (as of 05 Mar 2019)
- About the company: Founded by Amit Mahajan and team, Griffyn develops healthcare robotics, including surgical-assist systems and medical automation devices. The company focuses on precision and affordability to address gaps in Indian hospitals. Griffyn’s vision is to reduce reliance on expensive imported med-tech by building indigenous robotic solutions.
7. Janyu Technologies Private Limited (Janyu Tech)
- City: Mumbai
- Founding Date: 2016
- FY 2024 Revenue: ₹ 25.8 Cr
- Latest Valuation: ₹ 22.0 Cr (as of 15 Apr 2020)
- About the company: Founded by Lt Col (Retd) Vipul Joshi and team, Janyu Tech builds drones and robotic platforms for defence and agriculture. Its UAVs are deployed for surveillance, mapping, and precision farming. With strong alignment to India’s “Atmanirbhar Bharat” vision, Janyu Tech is strengthening indigenous manufacturing in defence robotics.
8. Genrobotic Innovations Private Limited (Genrobotics)
- City: Thiruvananthapuram
- Founding Date: 2017
- FY 2024 Revenue: ₹ 21.8 Cr
- Latest Valuation: ₹ 196.5 Cr (as of 07 Mar 2024)
- About the company: Founded by Vimal Govind, Rashid K., Arun George, and Nikhil NP, Genrobotics is best known for “Bandicoot,” its sanitation robot that replaces manual scavenging. With government adoption across 15+ states and expansion into healthcare exoskeletons, Genrobotics exemplifies social-impact robotics combining innovation with inclusion.
9. Rapyuta Robotics Private Limited (Rapyuta Robotics)
- City: Bengaluru
- Founding Date: 2016
- FY 2024 Revenue: ₹ 15.8 Cr
- Latest Valuation: ₹ 4.2 Cr (as of 08 Jun 2020)
- About the company: Founded by Gajan Mohanarajah and Ryohei Ueda, Rapyuta Robotics develops cloud robotics platforms that integrate AI with warehouse automation. Combining AMRs with cloud orchestration, Rapyuta enables e-commerce warehouses to scale through Robotics-as-a-Service (RaaS). Its India unit drives R&D and deployment for global clients.
10. Aegeus Technologies Limited (Aegeus)
- City: Bengaluru
- Founding Date: 2017
- FY 2024 Revenue: ₹ 15.3 Cr
- Latest Valuation: ₹ 41.1 Cr
- About the company: Founded by Suraj Vernekar and team, Aegeus specialises in defence-grade robotics and surveillance systems. Its portfolio includes unmanned ground vehicles (UGVs), tactical drones, and robotic surveillance tools for armed forces. By offering indigenous alternatives to imported solutions, Aegeus supports India’s defence modernisation drive.
Conclusion
India’s robotics startups are proving that innovation here is not just software-led but increasingly deep-tech and hardware-driven. From Miko’s consumer robots reaching homes worldwide to Addverb’s automation systems powering mega-warehouses, and Genrobotics replacing hazardous manual scavenging, each company illustrates how robotics is impacting society, industry, and infrastructure at scale.
As revenues climb and valuations expand, investors are watching this space closely. With rising adoption across manufacturing, healthcare, energy, and defence, and with both equity and debt funding driving growth, India is poised to emerge as a global hub for robotics design, manufacturing, and deployment in the decade ahead.
From Miko to Genrobotics, every number here is powered by PrivateCircle, your edge for deep, data-driven startup intelligence.