Robotics start-up Miko raised ₹23 Cr in a pre-series B round led by Stride Ventures. Existing investors including Chiratae Ventures, YourNest Venture Capital and a group of angel investors, led by former Nasscom chairman Keshav Murugesh, also participated in the round.
After the success of their first generation of Miko robot, the company launched Miko 2, a robot that can see, hear, sense, express, talk, recognise faces, remember names, identify moods, initiate a conversation and learn from its own environment to intuitively develop a bond with a child. Miko 2 addresses a complex need-gap of education, technology, entertainment and hence an enabler in effective parenting, claims the company.
"Our growth journey till Miko 2 was about creating a product that meets the needs of today's parents who seek a positive and trusted gateway of technology. Miko 2 has now evolved into a powerful content subscription platform with global content alliances. We are on track to surpass the 100,000-user mark in the coming quarters with Miko," said Sneh R Vaswani, co-founder and CEO, Miko