Robotics & Automation Start-up ARAPL RaaS Raises $0.7 Million to Bolster Supply Management Delivery
ARAPL RaaS, a robotics and automation firm, announced on Monday that it has raised $0.7 million in funding in less than two months, bolstering its 10-minute supply management delivery.
The new funding will be used to develop a fully automated robotic experience zone for warehouse automation at the start-up, which is a subsidiary of Affordable Robotic & Automation Ltd. (ARAPL). Zepto, Swiggy, Grofers, and even Ola, a ride-hailing company, all claim 10-minute delivery.
The money will be used by ARAPL RaaS to develop world-class Swarm Robotics AI, in which a swarm of robots is formed by networked robots. According to the business, this will be the first time in India that a company will create Swarm Robotics AI for 120 robots working together.
The company's USP (unique selling point) is that it can perform 900 picks per worker every hour, with the goal of lowering warehousing costs through automation.
Milind Padole, MD of Affordable Robotic & Automation Ltd, (ARAPL) shared his thoughts, “we are building a robust ecosystem for Robot As A Service (RaaS) which will change this Industry from Capex to Opex model. This automation will make the backend ready for a 10min delivery model.”
ARAPL, a brand founded in 2021, offers a one-of-a-kind service called RaaS (Robotics as a Service), which is available on a pay-per-use basis. It combines artificial intelligence (AI) and machine learning to automate every aspect of their service.
ARAPL RaaS co-founder and CEO Robinson Philipose commented, “we as a company understand that customers need end-to-end solutions instead of a piecemeal or fragmented approach. For us to achieve this milestone, is only a natural progression, as we understand what the customer is looking for.”
“Through a lost-cost and high-throughput automation business model, RaaS.ai is well-positioned to support the auto-replenishment of grocery, e-commerce and other retail brands FCs and achieve short fulfillment times”, said Debjit Roy, chairperson, research and publication office at Indian Institute of Management-Ahmedabad and a member of the company's advisory panel.
The new funding will be used to develop a fully automated robotic experience zone for warehouse automation at the start-up, which is a subsidiary of Affordable Robotic & Automation Ltd. (ARAPL). Zepto, Swiggy, Grofers, and even Ola, a ride-hailing company, all claim 10-minute delivery.
The money will be used by ARAPL RaaS to develop world-class Swarm Robotics AI, in which a swarm of robots is formed by networked robots. According to the business, this will be the first time in India that a company will create Swarm Robotics AI for 120 robots working together.
The company's USP (unique selling point) is that it can perform 900 picks per worker every hour, with the goal of lowering warehousing costs through automation.
Milind Padole, MD of Affordable Robotic & Automation Ltd, (ARAPL) shared his thoughts, “we are building a robust ecosystem for Robot As A Service (RaaS) which will change this Industry from Capex to Opex model. This automation will make the backend ready for a 10min delivery model.”
ARAPL, a brand founded in 2021, offers a one-of-a-kind service called RaaS (Robotics as a Service), which is available on a pay-per-use basis. It combines artificial intelligence (AI) and machine learning to automate every aspect of their service.
ARAPL RaaS co-founder and CEO Robinson Philipose commented, “we as a company understand that customers need end-to-end solutions instead of a piecemeal or fragmented approach. For us to achieve this milestone, is only a natural progression, as we understand what the customer is looking for.”
“Through a lost-cost and high-throughput automation business model, RaaS.ai is well-positioned to support the auto-replenishment of grocery, e-commerce and other retail brands FCs and achieve short fulfillment times”, said Debjit Roy, chairperson, research and publication office at Indian Institute of Management-Ahmedabad and a member of the company's advisory panel.
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