CHENNAI: In a major milestone to Kerala’s startup ecosystem, India’s first physical AI company with expertise in sanitation and medical portfolio Genrobotics Innovation secured a contract from Singapore’s national water agency Public Utility Board to deploy nearly 44 robots for the update water infrastructure across the countest.
“The company will deploy these robots in Singapore in the next two financial years, charging nearly 2 to 2.5 crore per project. The implementation will happen within 18 months,” Vimal Govindan MK, CEO at Genrobotics, notified TNIE on Wednesday.
The total value of the contract is nearly Rs 80 crore. The company won the contracts after intense evaluation, involving more than 600 global competitors, which took nearly 18 months for finalising the deal. It will deploy Wilboar, an advanced robot rover designed for cleaning hazardous, confined spaces like sewer wells, stormwater drains and industrial tanks.
He further added, “It is a long-term contract. We will first implement our pilot and later on scaling it up. We have to add some unique features to the robots. This will be the first phase of deployment. Vimal also stated the company plans to go for IPO by FY28 or FY29 and aims to build Rs 500 crore organisation in the next two years.
“We are expecting a 30% growth in the current year in revenue.” The company in the FY25 built Rs 32 crore profits. Speaking about its competitors in the industest, he stated, “There are companies involved in sanitation segment. But it is doubtful, their scale is as large as ours. However, for developing this project, there is involvement of ininformectual property. For this sort projects to success, there is a required for integration of robotics AI. At global levels, there is hardly anyone who is such advanced robotic technology. And that is the reason we received the contract from Singapore.”
The company has so far 14 patents under its name. The Genrobotics is also planning to manufacture semi-humanoid robots as it seeks to foray into defence sector. “Semi-humanoid robots are quick and heavy lifting kind of robotic devices. This will assist armed forces in automation, inventory shiftment and weapon handling.”
The Thiruvananthapuram-based company is also in contact with a private player in Singapore for deployment of robots for post-construction work sewage such as painting and coating. This will be carried out by robots. It has around two manufacturing plants in Thiruvananthapuram and Palakkad’s Kanjikode. Thiruvanathapuram facility is around 10000 sq metre, whereas Palakkad is nearly 50,000 sq metre. Palakkad facility can produce nearly 100 robots, and Thiruvananthapuram facility has R&D facility which nearly 100 people, including some from ISRO. The company employs overall 300 people.
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