Mumbai-based Robotics Company Miko Raises $2 Million Funding
Emotix, a revolutionary robotics, and consumer electronics company raised a funding round of over $2 million from IDG Ventures India and YourNest. This funding round also saw the participation of existing angel investor, Keshav Murugest, Executive Officer of WNS Global Services.
Emotix, a Mumbai-based company now claims leadership over the social robotics market after taking the technology of robotics assistance a level further by incorporating emotion into its interface. The robot is powered by non-verbal cues like motion or physical gestures which facilitates human interaction a level ahead. The startup’s first companion robot, intended for children received very positive feedback few months after its launch.
"The recent investment from funds advised by IDG Ventures India and YourN...