Unbox Robotics has raised $28 million in a fresh funding round, led by ICICI Venture, with participation from RedStartLabs and other investors.
Founded in 2019, Unbox Robotics builds AI parcel-sorting robots using swarm intelligence, cutting space 50-80% and tripling warehouse productivity.
So, what’s the money for: Unbox says it will use the funds to hire more engineers, speed up product development, and expand its footprint across India and overseas.
A part of the secondary capital will also go toward employee liquidity through its ESOP programme, giving team members a chance to cash in on their stock options.
Just last month, we at Filter Coffee met Pramod Ghadge, Unbox Robotics’ co-founder and CEO, to talk about the real pressure inside warehouses, how automation is changing parcel movement, and why the future of Indian commerce might depend on making logistics faster, smarter, and smoother.
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