Pune-based AI robotics startup Haber secured INR 317.2 Cr (around $38 Mn) in fresh funding, as per a Ministry of Corporate Affairs filing. The round included contributions from new and existing investors, such as Accel India, Beenext Capital, and Creaegis, through Series C compulsorily convertible preference shares (CCPS).
The filing showed that Accel India invested INR 33.4 Cr, Beenext Capital added INR 83.5 Cr, and Creaegis likely contributed the remaining INR 200 Cr. This funding will fuel Haber’s growth, expansion, and capital expenditure needs.
Founded in 2017 by Vipin Raghavan, Priya Venkat, and Arjunan PN, Haber creates AI-powered industrial robots. These robots automate labor-intensive tasks like sample collection, measurement, analysis, and intervention in industries such as food & beverages and pulp & paper. Their technology has significantly boosted efficiency, helping clients save 24 Bn liters of water and reducing carbon emissions by 75,000 tonnes.
In 2021, Haber raised $20 Mn in a Series B round led by Ascent Capital. Competing with startups like Prosus-backed Detech Technologies, Altizon, and Fero Labs, Haber continues to lead in AI-driven robotics innovation.
While Haber has not yet submitted its FY24 financials, it reported a net loss of INR 36.7 Cr on revenues of INR 82 Cr for FY23.
This funding comes as AI-based automation grows rapidly across multiple sectors in India. Industries like healthcare, logistics, warehousing, and retail are increasingly adopting AI and robotics to meet rising demands. For instance, Reliance Retail uses AI automation in its grocery and lifestyle divisions. Startups like OYO and Unacademy are also utilizing AI to streamline operations.
India’s AI ecosystem is expanding, with over 100 GenAI startups raising over $600 Mn since 2019. Krutrim, India’s first AI unicorn, emerged earlier this year, highlighting the nation’s progress in the AI space.
