iHub Robotics and Your-Space Secure Fresh Funding to Drive Growth The following brands have disclosed their latest investment rounds.
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iHub Robotics Raises INR 4.3 Cr to Build Humanoid Robotics Facility
iHub Robotics, a pioneering humanoid robotics startup, has raised INR 4.3 crore (USD 520K) in pre-seed funding from US investors.
The fresh capital will be used to establish India's largest humanoid robotics manufacturing facility in Kerala, strengthening its vision of positioning India as a global leader in robotics and AI-driven automation. The company also aims to generate over 150 jobs in the next two years, contributing significantly to India's deep-tech ecosystem.
iHub Robotics has already made its mark internationally by exporting its semi-humanoid robot, Tara Gen-1, to the UAE and Saudi Arabia. Tara Gen-1, India's most advanced semi-humanoid robot, is designed for industries such as hospitality, healthcare, transportation, and customer service. It features AI-powered speech recognition, real-time decision-making, and multi-language communication capabilities, making it an ideal assistant in dynamic environments.
Beyond humanoid robotics, iHub Robotics is also investing in the next generation of AI talent through its iHub School of Learning, an initiative focused on educating and training students in AI and robotics. The program aims to equip 100,000 students with deep-tech skills, fostering innovation and preparing them for the future.
"This funding is a significant step toward realising our dream of Physical AI, where intelligent robots seamlessly integrate into industries to enhance human capabilities," said Athil Krishna, CEO of iHub Robotics.
With strong investor backing and cutting-edge technology, iHub Robotics is set to revolutionise the global robotics industry, making India a hub for humanoid automation.
Your-Space Secures INR 70 Cr in Debt Funding to Expand Student Housing Operations
Delhi-based student housing startup Your-Space has raised INR 70 crore (approximately USD 8.2 million) in debt, led by Shantanu Rastogi, Managing Director of General Atlantic, along with existing investors Castle Investments and Ajax Capital. New investor Ashish Kacholia also participated in the round.
According to regulatory filings, the board approved the issuance of 10,14,493 compulsory convertible debentures (CCDs) at INR 690 each to raise the capital. While INR 51 crore has already been received, the remaining amount will follow soon. The funds will be used for working capital, creditor payments, and general business operations.
Founded in 2016 by Nidhi Kumra and Uday Lakkar, Your-Space provides tech-enabled student accommodations, offering PGs, hostels, and co-living spaces equipped with biometric security, facial recognition, and digital locks.
The company recorded a 20% YoY revenue growth to INR 142.7 crore in FY24 but reported a INR 30.7 crore loss. Going forward, Your-Space aims to expand its footprint across major education hubs, enhancing safety and convenience for students nationwide.
