Elixia Robotics, a logistics automation startup founded in 2022 by Sanket Sheth, has raised $1 million in a pre-Series A funding round led by the JITO Incubation and Innovation Foundation (JIIF). The round saw participation from prominent investors including Motilal Oswal, Vimal Shah, Sparsh Jain, Vinod Dugar, Vimal Khinvasara, Ashok Shah, and Amit Chandwar. The new capital will drive Elixia’s expansion into the Middle East, where it plans to deliver advanced logistics solutions tailored to regional business needs.
Revolutionizing Logistics with AI-Driven Solutions
Elixia Robotics specializes in providing comprehensive software solutions designed to streamline supply chain operations. Its offerings include transport management systems and logistics control towers that help businesses improve efficiency and visibility. The company is set to enhance its product lineup by integrating Generative AI and Machine Learning (ML) capabilities, enabling real-time multimodal visibility and data-driven insights to optimize logistics operations.
Targeting the Middle East Market
With the new funding, Elixia aims to establish a strong presence in the Middle East, a market characterized by unique logistics challenges and a growing demand for technology-driven supply chain solutions. The company plans to leverage its AI-powered tools to deliver customized logistics solutions that enhance operational transparency and efficiency.
Trusted by Major Brands
Elixia Robotics has already garnered an impressive client base, serving major companies such as Flipkart, Hershey’s, Pidilite, and UPL. The startup’s focus on delivering innovative logistics technology has positioned it as a trusted partner for companies looking to modernize their supply chain processes.
JITO Incubation and Innovation Foundation: Investing in Early-Stage Startups
The funding round was led by JIIF, which facilitates access to the startup ecosystem for its members. JIIF has invested over Rs 150 crore in more than 80 early-stage companies and incubated 50 startups founded by members of the Jain community.
Capitalizing on AI Trends in the Logistics Sector
With AI projected to add up to $15.7 trillion to the global economy by 2030, Elixia’s focus on AI and ML-driven solutions positions it to capitalize on this growth. By integrating cutting-edge technologies, the company aims to redefine logistics automation and set new standards for operational efficiency.
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