Artificial intelligence-driven robotics startup Haber has raised Rs 317.2 crore (about $38 million) in a funding round led by private equity firm Creaegis, along with participation from Accel India, and BeeNext Capital.
The funds will be used for the company’s growth, expansion, marketing, and general corporate activities, the company said in the filing.
Haber is an AI-driven robotics startup that develops and provides industrial robots designed to automate labour-intensive tasks in factories.
Haber’s AI-powered automation solutions enable industries to cut down the consumption of chemicals, energy, and water, leading to cost savings and more sustainable operations.