Elixia Robotics Secures $1 Million in Pre-Series A Funding to Expand Middle East Presence
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Elixia Robotics Secures $1 Million in Pre-Series A Funding to Expand Middle East Presence

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Elixia Robotics, a innovative logistics automation startup based in [location], has successfully raised $1 million in a pre-Series A funding round led by JITO Incubation and Innovation Foundation (JIIF). The investment comes with participation from notable investors including Motilal Oswal, Vimal Shah, Sparsh Jain, Vinod Dugar, Vimal Khinvasara, Ashok Shah, and Amit Chandwar.

Key Highlights of the Funding:

  • The new funding will enable Elixia to expand its presence in the Middle East, focusing on delivering tailored logistics solutions to regional businesses.
  • The company plans to enhance its product offerings by integrating Generative AI and Machine Learning (ML) technologies, improving multimodal visibility and operational efficiency.
  • Elixia aims to provide real-time business-critical insights, enabling logistics operations to be executed with greater efficiency and transparency.

Elixia’s Progress and Expertise:

  • Having served major clients such as Flipkart, Hershey’s, Pidilite, and UPL, Elixia has established a strong reputation in the logistics automation sector.
  • Currently focusing on AI and ML, Elixia is well-positioned to capitalize on emerging trends in the logistics industry.

About Elixia Robotics:

Elixia Robotics is a logistics automation startup founded in 2022 by Sanket Sheth. The company focuses on providing comprehensive software solutions to streamline supply chain operations, including transport management systems and logistics control towers.

About JIIF:

JIIF is a leading incubation and innovation foundation that facilitates access to the startup ecosystem for its members. They have invested over Rs 150 crore in more than 80 early-stage companies and have incubated 50 Jain founder startups.

**With the funding from JIIF and other esteemed investors, Elixia is poised to make significant strides in the logistics automation sector, leveraging the power of AI and ML to revolutionize supply chain operations.

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