00:00 Could autonomous mobile robots be the future across sectors?
00:11 AcuRobotics is building AMRs or autonomous mobile robots to help make processes efficient
00:18 and cost effective.
00:19 Founded by Tuhin Sharma and Pranav Shrivastava in April 2020, it has received Rs 2.5 million
00:26 in funding from 100XPC.
00:28 The company is currently building on-demand products for the hospitality industry.
00:32 Currently, the average ticket size to build and set up AMRs on-site is Rs 5 million per
00:39 project.
00:40 The founders hope to be able to produce 20 robots per month in the future, with an estimated
00:44 revenue of Rs 140 million by FY22.
00:48 For more on newborn startups, keep watching Outlook Business Just Started.
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