The Week that Was: Indian Startup News Overview (31th March - 6th April)


The Week that Was: Indian Startup News Overview (31th March - 6th April)

The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, Chemical Manufacturing & Digital Entertainment marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, & others.

Funding News: Goat Robotics Raises $0.32 Million with Campus Angels Network Support

Startup: Goat Robotics

Founder: Muthu Vangaliappan

About us: Goat Robotics, where innovation meets automation in India! From education to heavy industries, our powerful mobile robots handle payloads of up to several tons, enabling Make in India. Join us on our mission to revolutionize education to industries and elevate the future of robotics.

Founded Year: 2023

Office: Coimbatore, Tamil Nadu

Sector: Robotics Engineering

Funding Round: Seed

Investors: Campus Angels Network ($0.13M), Native Lead Angels ($0.07M), Pontaq Ventures ($0.03M), TiE Coimbatore ($0.06M), Other Investors ($0.03M)

Goat Robotics, a cutting-edge robotics and automation startup incubated by Forge Ventures and backed by PSG STEP, has raised $0.32 million in its latest funding round. Campus Angels Network led the investment, contributing $0.13 million, followed by Native Lead Angels ($0.07 million), Pontaq Ventures ($0.03 million), TiE Coimbatore ($0.06 million) , and other investors ($0.03 million). This capital infusion will drive Goat Robotics' innovation in robotics-based automation, support manufacturing expansion, enhance R&D, and boost market outreach.

Reinventing Industrial Automation

Goat Robotics is committed to transforming industrial automation with smart robotic solutions that optimize processes across multiple industries. By integrating robotics and AI, their solutions enhance efficiency, reduce operational costs, and increase productivity for businesses.

Website: www.goat-robotics.com