Incubation/Acceleration
StartupBay invests $1.2 M in robotics firm Rocket AI for 10% stake
Accelerator StartupBay has invested USD 1.2 million in the seed round of Pune-based robotics firm Rocket AI in return for a 10% stake. Rocket AI combines low-code no-code, robotic process automation (RPA) and AI to help businesses in their digital transformation and accelerate user growth, sales and customer profiling. Founded in 2020 by Salil Mehendale, Rocket AI has integrated enterprise resource planning (ERP) and customer relationship management (CRM) and e-commerce modules in their product portfolio.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
