Grey Orange Robotics Private Limited, a Gurgaon, India-based provider of automated solutions for the logistics industry, raised $30m in funding.
The round was led by Tiger Global Management with participation from Blume Ventures, Raju Reddy, Dileep Nath and Alok Rawat.
The company intends to use the funds to develop new solutions expand internationally into Asia, Middle East and Europe.
Co-founded in 2011 by Samay Kohli and Akash Gupta, Grey Orange provides Butler, an automated storage and goods-to-man order picking system to reduce the time it takes to get orders to homes and inventory to stores, and Sorter, a high-speed sortation system for order consolidation and routing.
The company serves companies like Flipkart, Jabong, Amazon India, GoJavas, Delhivery, DTDC and Aramex.
FinSMEs
10/08/2015