UnboxRobotics has been chosen as winners from 2500+ startups in India, winning the grant of INR 25 Lakh.
Published on : Monday 30-11--0001
IIGP 2.0 is a unique tripartite initiative of the Department of Science and Technology (DST), Government of India, Lockheed Martin, and Tata Trusts
Launched in 2007, India Innovation Growth Programme (IIGP) has been one of India’s longest standing public-private partners. The programme has provided mentoring and handholding assistance to over 400 innovators coming from diverse sectors from across the country; generated over 350 commercial agreements and over $900 Million of economic value for India. (Source: Second Impact Analysis Report by Ernst & Young in 2015)
UnboxRobotics is introducing a 3rd generation robotic parcel sorting system with initial trials confirmed with early adopters in India, Singapore and China. The team is led by CEO - Pramod Ghadge (ex-Flipkart) and CTO - Shahid Memon - who have international experience in Logistics Automation, AI and Robotics.
1st Product : UnboxRobotics 1st product is for Parcel Sorting operation in logistics and e-commerce industries. It's first of its kind AI-powered robotic system that can sort thousands of parcels to hundreds of destinations quickly in the least possible area.
Key Highlights :
- 10X faster to install (15 days vs 4-6+ months)
- Saves 50% or more footprint of the facility
- Improves productivity by 5X at lesser capital compared to the competition
- Requires 50% fewer robots than that of competition using unique AI
- algorithm and system design
- Patent Pending for the System and Method
- On-boarded some of the giant logistics and e-commerce companies in
- the world for trials.
- Flexible pricing - buy upfront or take Robot-as-a-Service.
About UnboxRobotics : UnboxRobotics is an award winning startup backed by Entrepreneur First (World's leading startup generator and talent investor from London), SOSV (One of the leading VC firms based in the USA) and HAX (World's 1st and largest hardware accelerator based in China)