Chennai-based robotics startup Vividobots has raised ₹1.47 crore in a seed funding round led by Inflection Point Ventures (IPV).
The fresh capital will support product innovation and help scale the company’s robotic solutions for high-rise real estate maintenance.
Founded in 2021 by Dhinesh B (CEO), Velmurugan B (CPO), and Kesavaraj S (CTO), Vividobots is building AI-powered robotic systems that automate tasks like exterior cleaning and painting of tall buildings. The startup says its technology offers major improvements in safety, speed, and cost compared to traditional manual methods.
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Vividobots claims its solutions can save up to 70% in time, cut costs by 50%, and reduce material usage by 15%. Currently active in Chennai, the company is looking to expand into other major Indian metros.
A part of the Brigade REAP accelerator program, Vividobots was also named one of the Top 10 Real Estate Tech Startups by Mahindra LEAP in 2023.
Backed by strong market potential, the startup is eyeing a share of India’s $4.46 billion serviceable market in vertical maintenance, while the global market stands at $1.56 trillion.