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[Funding News] Elixia Robotics Secures $1 Million in Pre-Series A Funding

Founded in 2022 by Sanket Sheth, Elixia is poised to enhance its product portfolio by integrating Generative AI and Machine Learning technologies.
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Elixia Robotics has successfully raised $1 million in a pre-Series A funding round, led by the JITO Incubation and Innovation Foundation (JIIF). Key investors in the round include prominent names such as Motilal Oswal, Vimal Shah, Sparsh Jain, Vinod Dugar, Vimal Khinvasara, Ashok Shah, and Amit Chandwar.

The funds will be used to expand Elixia’s operations in the Middle East, with a focus on providing advanced logistics solutions tailored to the region’s specific needs.

Elixia specializes in end-to-end software solutions designed to optimize supply chain processes, including transport management systems and logistics control towers.

Founded in 2022 by Sanket Sheth, Elixia is poised to enhance its product portfolio by integrating Generative AI and Machine Learning technologies.

These innovations are expected to boost multimodal visibility and operational efficiency, providing real-time, mission-critical insights for more effective and transparent logistics operations.

Also Read: Deeptech Robotics Startup Perceptyne Raises $3 Million in Seed Round

The new capital will help Perceptyne enhance its AI-powered robotic systems for industrial automation.

Elixia has already served high-profile clients such as Flipkart, Hershey’s, Pidilite, and UPL. With JIIF’s backing, the startup is well-positioned to scale its offerings further. JIIF, known for supporting startups within its network, has invested over Rs 150 crore in more than 80 early-stage companies, including 50 Jain founder-led startups.

As AI is projected to have a substantial impact on the global economy—potentially adding up to $15.7 trillion by 2030—Elixia’s focus on AI and ML technologies positions it to capitalize on emerging trends within the logistics industry.

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