Home Artificial Intelligence Indian logistics startup Unbox Robotics raises USD 7 million in Series A

Indian logistics startup Unbox Robotics raises USD 7 million in Series A

India-based Unbox Robotics, a logistics startup that provides a cloud-based platform that automates and improves businesses’ operations, raised USD 7 million on 23rd December.

Investors: The investment round was led by 3one4 Capital with Sixth Sense Ventures and Redstart Labs (Info Edge). Several existing investors participated in the round as well, founders Pramod Ghadge, Shahid Memon, and its CPO Rohit Pitale, alongside US-based venture capital firm SOSV, Arali Ventures, WEH Ventures, BEENEXT, Karthik Bhat’s Force Ventures, Dr Vijay Kedia (Kedia Securities), Aditya Singh ( Stride Ventures ) and Pavitar Singh ( Sprinklr ). Other investors who participated in the round include Rahul Chaudhary (Treebo Hotels), Nikhil Vora and Kathan Shah ( Sixth Sense Ventures ), and Veda VC.

Purpose of funding: Using the funds, the startup intended to expand its team across departments, to satisfy the needs of international customers, to research and develop new technologies, and to expand to new markets.

About Unbox Robotics

Founded in 2019 by Pramod Ghadge and Shahid Memon, Unbox Logistics is located in Bangalore, India. Unbox Robotics is a logistics startup that provides a cloud-based platform that automates and improves operations. Using ML algorithms and Swarm Intelligence, the startup changes the way businesses sort and ship orders. The startup’s parcel sorting robotic system is powered by AI and installed up to 10X faster, saves time, and is exceptionally productive.

What the founders have to say

“We are obsessed with improving the ways packages are handled, distributed, and delivered to end customers. We believe there’s a massive potential for building and deploying robotics tech to deliver more packages using smaller footprints at lower operational costs as we see more adoption of eCommerce and Qcommerce (quick commerce) across the globe,” said Pramod Ghadge, CEO and Co-founder at Unbox Robotics.

“Since we launched our beta pilots with leading third-party logistics and eCommerce players in April 2021, we have already got orders from some of the leading eCommerce logistics companies. We are on our way to converting every other pilot or demo into a commercial contract. We will deploy the funds to build an A+ team to help our customers experience the future of logistics, sorting and supply chain across continents.”

“Unbox Robotics takes a novel approach in technology development to crack some of the most critical concerns in customers’ supply chains. We are excited to build a diverse team and further develop outstanding robotics technology for the future of global supply chains,” said Shahid Memon, CTO and Co-founder at Unbox Robotics.

What the investors have to say

“Globally, supply chain and logistics have been reshaped with the growth in eCommerce and D2C over the last decade. Every layer of the stack today requires incredible optimisation and automation to service the growing demand,” said Anurag Ramdasan, Partner at 3one4 Capital.

“Unbox Robotics is doing amazing work in identifying and solving these high-value problems, and the team built by Pramod, Shahid, and Rohit brings deep domain expertise to tackle this problem at scale. We are highly excited to start this journey with them as they streamline logistics and redefine the space.”

“We believe the eCommerce and D2C boom is creating a large need for automation solutions within warehouses and FCs, with the industry slated to grow to USD 32 billion over the next two to three years. This, coupled with evolving consumer expectations, labour shortage, omnichannel distribution, and technology accessibility, has made robotics a priority for e-commerce and fulfilment companies. Unbox’s compact, vertical, and modular system is well suited for current market needs. Excited to partner with Pramod and Shahid, who bring deep and relevant industry experience as we scale the company together,” said Nikhil Vora, Founder, and CEO at Sixth Sense Ventures.


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Varun Nath writes about the startup ecosystem on VC Bay. A student at Delhi University, he is pursuing a Bachelor of Commerce degree. In pursuit of exploring the world of finance and technology. You can reach him at varunnath155@gmail.com

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