Grene Robotics to raise $15 million in Series A funding by April

Grene Robotics to raise $15 million in Series A funding by April

→ Press Release

Grene Robotics to raise $15 million in Series A funding by April

HINDU BUSINESS LINE: Hyderabad-based Grene Robotics is planning to raise $15 million in a Series A funding. It has initiated discussions with several capital funds, large business houses and crowd-funding firms.

“Ideally we would like to raise about $15 million, but depending on investor interests it could be more. We can even go up to $30 million. We are looking at raising funds, mostly growth capital, by April,” Grene Robotics Founder and CEO Kiran Raju told BusinessLine. “The funds will be largely utilised for customer acquisition to raise the order book up to $55 million,” he added, but declined to name the funds before deals are signed. Grene Robotics had so far invested $6 million raised from family and friends and others, including serial entrepreneur and investor Jay Krishnan. The company is also planning immediate forays into countries such as Singapore, the US, Africa and the UK, for which also a part of the funding would be used. The company’s flagship product GreneOS is a unified Operating System that would be a replacement to enterprise systems in Fortune 1000 companies and Government offices across the world. GreneOS will be able to manage connected robots to maximum efficiency autonomously. Kiran Raju, who had worked on building autonomous systems for Defence Advanced Research Projects Agency (DARPA) while doing his Masters at Carnegie Mellon University, was the co-founder of energy efficiency company Valence Energy. Valence Energy was later acquired by US-based Serious Materials, which is now called Serious Energy. His second venture, SA Habitat, which was into housing and real estate, got merged with a partner company in 2010.

 

Source – Hindu Business Line

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Grene Robotics at India Futures Week

→ Press ReleaseGrene Robotics was invited by Accenture to participate in the India Futures Week organized by DFID India in association with BRINK and IMC World Wide. India Futures Week aims to demystify emerging technologies such as AI/ML, Big Data, IoT, Blockchain,...

VC Circle: Grene Robotics secures angel funding, plans Series A round

VC Circle: Grene Robotics secures angel funding, plans Series A round

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VC Circle: Grene Robotics secures angel funding, plans Series A round

VC CIRCLE: Robotics automation startup Grene Robotics India Pvt. Ltd has raised angel funding from a partner at an early-stage venture capital.

Read more: VC circle

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Grene Robotics at India Futures Week

→ Press ReleaseGrene Robotics was invited by Accenture to participate in the India Futures Week organized by DFID India in association with BRINK and IMC World Wide. India Futures Week aims to demystify emerging technologies such as AI/ML, Big Data, IoT, Blockchain,...

Grene Robotics at India Futures Week

Grene Robotics at India Futures Week

→ Press Release

Grene Robotics at India Futures Week

Grene Robotics was invited by Accenture to participate in the India Futures Week organized by DFID India in association with BRINK and IMC World Wide. India Futures Week aims to demystify emerging technologies such as AI/ML, Big Data, IoT, Blockchain, Drones and understanding how they are applied in context with sustainable business models. It was a well curated event held at the impressive office of the British High Commission, New Delhi involving technology service providers, consultants, facilitators, as well as tech-based/tech-enabled business enterprises.

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Grene Robotics at India Futures Week

→ Press ReleaseGrene Robotics was invited by Accenture to participate in the India Futures Week organized by DFID India in association with BRINK and IMC World Wide. India Futures Week aims to demystify emerging technologies such as AI/ML, Big Data, IoT, Blockchain,...

Is your interface AI ready ?

Is your interface AI ready ?

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Is your interface AI ready ?

The perception of #AI has completely disrupted the way we look at any piece of Data today. While, the most popular consumer apps of the world #Uber, #Amazon and #Netflix offer an immersive interactive experience, where the end user can experience the power of #MachineLearning and #ArtificialIntelligence, the world of Enterprise Applications are still struggling with converting the linear life cycle of their data architecture to be AI ready.

Oonslaught of new technologies in real time rich data collection, using #sensors has further deepened the Enterprise woes. The technology experts are still focussed on how to shape and train Artificial Intelligence for Enterprises using these new form of multiple types of real time data. But the real challenge lies in how will these Enterprise AI applications be brought to the end user to interact with ?

In the era of #autonomous integrations, prescriptive #analytics and #workflow #automation, where #Bots are replacing employees, it becomes very important how an employee of an Enterprise interfaces and interacts with his system. We have seen the era of heavy weight ERPs give way to lighter, more unified and smarter cloud applications, like #MicrosoftDynamics, #SAPHANA, #OracleERPCloud etc. The transformation was just not the technology, but also the ease of usability of data across devices. Today when we are moving away from the rigid #CloudApplications space to a more fluid #CloudPlatform centric space, where the end user is offered a minimal coding or a #zerocoding platform to self #automate processes, plan #projects, delegate #tasks and complete daily work, with the help of a customized #ArtificialIntelligenceEngine, the #userinterface becomes a primary challenge.

The best of the technologies fail to take off, if the the #UI is not simplified and device specific. The standards of #UI and #UX set by the movers and shakers of the cloud application space like #Salesforce and #Slack never fully succeeded in 100% adoption of its Enterprise users, the likes of excel sheets, emails and #whatsapp still had a very thriving parallel existence. One of their biggest mistake was to try and convert the web application experience into a mobile application experience, without taking into consideration the difference of an #iOS & #Android OS from that of a web browser.

The old linear Web based design implemented across devices

#UserInterface Design as a solution has always taken a back seat compared to list of features any application has to offer. But today when access and development of technology has a very democratic approach, and almost all applications offer everything, what really differentiates is the #UserExperience impact. Is the User of the application able to increase her/his efficiency ? becomes the clear goal… and this is only possible if the user is able to adopt the application with an ease. Enterprises investing in new technologies have to keep in mind the ease of adoption.

At #GreneRobotics our approach has always been driven from the perspective of user adoption. #UI design and #UX impact plays a major role in all our development efforts. Our cutting edge applications has always incorporated the latest technologies, but with a goal of fast and 100% adoption. The team of #GreneRobotics is amongst the first to introduce #conversationalERP in the #telco industry. The #UI is designed in such a way that the end user is always guided by the #EnterpriseAI engine across all his #tasks. It is just not about a #virtualassistant #UI, where in the user is guided how to use the application or being responded to text based or voice based queries… like the #alexa or #siri, this #UI adopts a very fluidic design approach to incorporate simple and easy interpretations of live and prescriptive analytics based on user behaviour and data flows. #GreneRobotics success rates in adoption for all its products across industries has always been above 97% within first 45 days of implementation.

The new immersive AI interface of the next generation Enterprise Softwares

The future of efficient #AI implementation in any Enterprise will be solely dependent on how impactful the #UserInterface is. It is time to get your interface design #AI ready !

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Autonomous Drone Management

→ InsightsA drone, in technological terms, is an unmanned aircraft. Drones are more formally known as unmanned aerial vehicles (UAVs) or unmanned aircraft systems (UASes). Essentially, a drone is a flying robot that can be remotely controlled or fly autonomously...

The AI & Robotics Transformation Engine

→ InsightsFrom elastic infrastructure to application is a sequential journey for any enterprise.In most cases using existing infrastructure might not serve the purpose of AI and robotics transformation. Our AI platform has ready to use technologies in each of these 6...

30+ Technologies Stitched Together Seamlessly

→ Insights The tech stack is ever evolving and at a rapid rate of change. We choose technologies based on stability, security, resource availability and support. The plan is to always be on time. A little early or a little late, both of these cases lead to the same...

Grene Robotics partnered with Cognizant for Telstra Innovation Hackathon 2019 #TIH2019

Grene Robotics partnered with Cognizant for Telstra Innovation Hackathon 2019 #TIH2019

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Grene Robotics partnered with Cognizant for Telstra Innovation Hackathon 2019 #TIH2019

Cognizant + Grene recently participated in the Telstra Innovation Hackathon #TIH2019 to address a pressing business challenge of Telstra.

Exemplary Teamwork, High Energy and Disruptive Thinking were the order of the day throughout the Hackathon.
Thanks #teamcognizant #telstra for the opportunity …. Looking forward to the journey ahead!

Continue reading

Autonomous Drone Management

→ InsightsA drone, in technological terms, is an unmanned aircraft. Drones are more formally known as unmanned aerial vehicles (UAVs) or unmanned aircraft systems (UASes). Essentially, a drone is a flying robot that can be remotely controlled or fly autonomously...

The AI & Robotics Transformation Engine

→ InsightsFrom elastic infrastructure to application is a sequential journey for any enterprise.In most cases using existing infrastructure might not serve the purpose of AI and robotics transformation. Our AI platform has ready to use technologies in each of these 6...

30+ Technologies Stitched Together Seamlessly

→ Insights The tech stack is ever evolving and at a rapid rate of change. We choose technologies based on stability, security, resource availability and support. The plan is to always be on time. A little early or a little late, both of these cases lead to the same...