Children-focused robots maker Miko raises $10.5 M in new round

Mumbai-based robotics startup Miko has raised USD 10.5 million (INR 93.5 crore) in a funding round led by iHeartMedia, an American audio media company.Founded in 2015 by Sneh Vaswani, Prashant Iyengar, and Chintan Raikar, Miko.ai claims to make emotionally intelligent robots designed to educate, entertain, and engage children. The company's product line includes AI-powered robots such as Miko Mini and Miko 3.