Indian startup iHub Robotics has successfully raised ₹4.3 crore ($520,000) in pre-seed funding from U.S. investors to accelerate its advancements in humanoid robotics. The company plans to utilize this funding to establish India’s largest humanoid robotics manufacturing facility in Kerala, creating over 150 jobs in the next two years.
Pioneering Innovation in Humanoid Robotics
iHub Robotics has gained international recognition with its semi-humanoid robot, Tara Gen-1, which has already been exported to the UAE and Saudi Arabia. Designed to excel in industries like hospitality, healthcare, airports, and customer service, Tara Gen-1 uses AI-powered speech recognition, emotion detection, and real-time decision-making to interact effectively with humans.
In addition to manufacturing robots, the company is committed to nurturing the next generation of AI and robotics professionals through its iHub School of Learning. This initiative aims to equip 100,000 students with deep-tech skills, preparing them for careers in cutting-edge technology.
Significance of the Pre-Seed Funding
The infusion of ₹4.3 crore in funding marks a major milestone for iHub Robotics. Establishing the manufacturing facility in Kerala will boost the company’s production capacity, facilitating the wider adoption of Tara Gen-1 across various industries. This expansion is expected to generate over 150 job opportunities, contributing significantly to the growth of India’s deep-tech ecosystem.
The funding will also support the continuous enhancement of Tara Gen-1. With improved AI capabilities, the robot will provide smarter, more efficient solutions for industries requiring automated customer interaction and operational support. Additionally, iHub Robotics’ recent selection for NVIDIA’s Humanoid Robotics Program will further strengthen its research and development capabilities.
Utilization of Funds
The pre-seed funding will be strategically allocated to:
- Manufacturing Facility Development: Establishing India’s largest humanoid robotics manufacturing unit in Kerala.
- Job Creation: Generating over 150 jobs within the next two years.
- Research and Development: Enhancing Tara Gen-1 with advanced AI capabilities.
- Education and Skill Development: Expanding the iHub School of Learning to train 100,000 students in AI, robotics, and other deep-tech skills.
- Global Expansion: Strengthening the company’s presence in international markets, with ongoing exports to the UAE and Saudi Arabia.
Founders’ Vision
iHub Robotics was founded by Athil Krishna, Sarath S, and Akhil K Haridasan, who share a mission to position India as a global leader in humanoid robotics and AI automation. With their combined expertise and dedication, the founders are driving the company’s vision of transforming industries through intelligent robotics.
According to the founders, iHub Robotics’ journey is not just about building robots but revolutionizing industries and empowering the future workforce. The establishment of the manufacturing facility and the expansion of their educational initiatives are pivotal steps toward achieving their goal.