Sunday, 13 July, 2025
Indian Robotics Startups Secure $117M in 2024 Funding Amid Automation Surge
In 2024, Indian robotics startups raised $117 million across 41 deals up from $54 million in 2023 and $28.8 million in 2022 mirroring a global $18.6 billion funding boom in robotics—a 116% jump year-on-year. Flagship deals included Niqo Robotics’ $13 million round, CynLr’s $10 million raise & Ati Motors’ $20 million funding. Growth drivers include enterprise automation, cost-effective production via automotive supply chains & EV components, plus advances in edge computing & e-commerce logistics.
Read full story at Economic Times