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Indian robotics startups raised four times more funds in 2024 compared with two years earlier, as the growth opportunities presented by them amid a ramp-up in automation by enterprises and a fall in the time and cost to produce the machines attracted investor interest.
Robotics startups in India raised $117 million in 2024 across 41 deals, compared with $54 million in 2023 and $28.8 million in 2022, according to data sourced from market intelligence platform Tracxn. This mirrors the global funding landscape, where robotics startups saw $18.6 billion…
