India, May 6 -- Robotics startup General Autonomy has raised about Rs.32 Cr (around $3.3 Mn) in its seed round led by existing investors Elevation Capital and India Quotient. The round also saw participation from Blue Asva Varenya Fund, FBC Venture Partners, Spearhead Capital, and GIVA cofounder Ishendra Agarwal.
According to the startup's MCA filings accessed by Inc42, it issued 1,776 Series Seed 2 CCPS at Rs.1.68 Lakh to the aforementioned investors. Cofounders Farid Ahsan and Bhanu Pratap Singh also participated in the round, infusing Rs.99.6 Lakh each.
CEO Ahsan told Inc42 that the capital will be used to step up R&D and accelerate the development of robotics stack, including robot dogs and humanoid systems.
"We are just doubling d...
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