India’s first Tech startup recognized by Startup India, Torus Robotics has raised $470K in seed round led by Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC), under Tamil Nadu Emerging Sector Seed Fund (TNESSF).
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Other investors included Forge Innovation & Ventures, Coimbatore, and SINE (Society for Innovation & Entrepreneurship) IIT (Indian Institute of Technology) Bombay.
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The funding will be used to fund innovation and expansion as well as to expand Torus Robotics’ R&D activities, which will guarantee a quick transfer of their products from the laboratory to the market.
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“This funding will empower us to invest in R&D and introduce new products that can meet the changing needs of customers in the EV automotive space,” Vibhakar Senthil, co-founder of Torus Robotics, said.
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About Torus Robotics
Founded in 2019 by Vignesh M, Vibhakar Senthil, and Abbhi Vignesh K in Chennai, Torus Robotics is India’s first Tech startup recognized by Startup India (DIPP 51485), working on Unmanned Ground Vehicles, Robotics and Indigenous & Disruptive Powertrain technology for the Defence, Aviation, Automotive & Consumer markets.
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The startup is India’s First and Youngest Defence Startup to Indigenously Design, Develop and Deliver India’s Largest Fully Electric Unmanned Ground Vehicle (UGV), equipped with a 6 DOF Robotic arm, for detection, identification and disposal of life menacing unidentified objects, to the Indian Defence.
