Latest news with #AsimovRobotics
Entrepreneur
20 hours ago
- Business
- Entrepreneur
Zoho Acquires Asimov Robotics
Post-acquisition, the startup and its entire team will continue their operations from Zoho's new campus in Kottarakkara, Kerala. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Zoho Corporation, the parent company of Zoho and ManageEngine, has announced the acquisition of Kochi-based deeptech startup Asimov Robotics. The move underscores Zoho's commitment to strengthening its research and development capabilities in robotics and emerging technologies. Founded in 2012, Asimov Robotics specializes in developing robotic solutions tailored to perform hazardous and repetitive tasks across various industries. Post-acquisition, the startup and its entire team will continue their operations from Zoho's new campus in Kottarakkara, Kerala. The team will benefit from close mentorship and collaboration with Zoho's in-house experts, according to an official company statement. The strategic acquisition aligns with Zoho's broader goal of building cutting-edge technology solutions in India, especially from rural regions. "Our Kottarakkara office will be dedicated to enhancing our R&D projects in fields like AI and robotics. We will also be partnering with other deeptech organisations to expand our impact," said Shailesh Davey, Co-founder and CEO of Zoho Corp. The official announcement was made during the inauguration of Zoho's Kottarakkara campus, which was presided over by Kerala Chief Minister Pinarayi Vijayan and Finance Minister K N Balagopal. Also present were Zoho US Co-founder Tony Thomas, Zoho Chief Scientist Sridhar Vembu, Member of Parliament Kodikunnil Suresh, Kerala Startup Mission CEO Anoop Ambika, and former ISRO Chairman Dr S Somanath. Speaking at the event, Finance Minister Balagopal said, "This collaboration with Zoho is a major step forward in building Kerala's local ecosystems. It will lead to IP creation, product R&D, and knowledge development from rural areas. The Kottarakkara campus is a model that could be replicated across the state." The new facility, which can accommodate up to 250 employees, will initially focus on AI and robotics. Zoho has already been hiring local talent from nearby towns and villages, reinforcing its decentralisation strategy. The company opened its first office in Kottarakkara in 2024. In addition, Zoho has launched a structured internship programme at the campus. The initiative includes a three-month foundational training in programming languages like C, C++, and Python, followed by six months of project-based learning. Successful interns are offered full-time positions, and to date, 40 employees have been onboarded through the programme. Zoho has also partnered with the Kerala Startup Mission to support its Deep Tech Product Studio initiative, furthering its collaboration with emerging startups and innovators in the region. With this acquisition and infrastructure investment, Zoho is positioning itself as a catalyst for deeptech innovation from rural India, paving the way for sustainable and inclusive technology development.
Time of India
2 days ago
- Business
- Time of India
Zoho ramps up robotics research with acquisition of Asimov Robotics
Chennai: In a bid to expand its capabilities in robotics, Zoho Corporation has acquired Kerala-based Asimov Robotics for an undisclosed sum and opened the company's new campus in Kottarakkara in Kollam, Kerala. Founded in 2012, Asimov Robotics specialises in providing robotic solutions to industries for addressing hazardous, inefficient, and repetitive scenarios. With this, Zoho aims to expand its research and development capabilities into robotics and Asimov employees would continue their efforts from the Kottarakkara office with mentorship from Zoho's team, the company said in a statement. Previously Zoho has invested in Thiruvananthapuram-based Genrobotics, a robotics and AI solutions for sanitation and maintenance processes and Karuvi, Chennai-based mechatronics startup designing and developing consumer and industrial power tools. It also has investments in Yali Aerospace, a drone-tech startup and EV maker Ultraviolette, among others. The Kottarakkara campus has a seating capacity of 250, and will initially be dedicated to AI and robotics research. "Apart from our own work in these fields, we also will be collaborating with like-minded deep-tech organisations to further amplify our efforts. Our goal remains the same, to develop these capabilities in India and make the country self-reliant in terms of critical technology," said Shailesh Davey, chief executive and co-founder of Zoho Corp. It was inaugurated by state chief minister Pinarayi Vijayan with the presence of Tony Thomas, CEO, Zoho US, and Sridhar Vembu, Zoho Corp chief scientist. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai The company also partnered with Kerala Startup Mission for its deep tech product studio initiative, and formed associations with startups and organisations for a range of R&D collaborations, it said. Zoho's entry into the state further validates the state's startup ecosystem as an enabler to attract big companies through strategic acquisitions, investments, Anoop Ambika, CEO of Kerala Startup Mission was quoted as saying.
