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Vividobots raises Rs 1.47 Cr in seed round led by IPV

EntrackrEntrackr · 2m ago
Vividobots raises Rs 1.47 Cr in seed round led by IPV
Medial

Chennai-based robotic automation startup Vividobots has raised Rs 1.47 crore in its seed round led by Inflection Point Ventures (IPV). The proceeds will be used for product innovation and the scaling of robotic systems tailored to high-rise real estate maintenance. Founded in 2021 by Dhinesh B (CEO), Velmurugan B (CPO), and Kesavaraj S (CTO), Vividobots focuses on developing AI-powered robotic systems that automate exterior building maintenance, offering time, cost, and safety improvements over manual methods. Currently operational in Chennai, Vividobots plans to expand into other metro cities. Its technology enables up to 70% time savings, 50% cost reduction, and 15% material savings in vertical surface maintenance, with applications in painting and cleaning. The startup is part of the Brigade REAP accelerator and was named among the Top 10 Real Estate Tech Startups by Mahindra LEAP in 2023. According to market research, the Indian market for these services stands at $4.46 billion (SOM), with global TAM reaching $1.56 trillion, pointing to significant potential for automation in the sector.

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Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

EntrackrEntrackr · 1m ago
Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC
Medial

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

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