Robotics startup Miko raises $10.5 million from iHeartMedia, to integrate US firm’s audio content in devices

Mumbai-headquartered robotics startup Miko has raised $10.5 million (Rs 93.5 crore) from iHeartMedia, an American audio media company.

Miko.ai operates on a hybrid model, selling AI-powered robots such as Miko Mini and Miko 3. Beyond funding, Miko and iHeartMedia have also entered into a partnership under which the robotics startup will integrate iHeart’s audio content into its devices.

Founded in 2015, Miko claims to serve customers in over 140 countries, including the US, Europe, and the Middle East. “Our partnership with iHeart marks a pivotal…