Sneh, Prashant and Chintan leverage artificial intelligence to foster learning and growth in children!

During the pandemic, kids' tech adoption reached new heights — and AI took center stage. Nearly 8 in 10 parents now believe AI is the future of learning, yet few products offer the safe, interactive learning experience that parents want for their children. Miko addresses this gap using proprietary artificial intelligence, robotics and IoT. Packed with personality and deep-learning AI, Miko’s AI robot companions understand the emotional needs of children and help them experience the spark of interactive, playful learning.

The Miko series of robots are driven and developed by global experts in engineering, mathematics, design and education. Owing to their success, the company now aspires to cater their latest platform solutions to 20M homes by 2023, including verticals such as childcare, daycare and elderly care.

A relationship built on encouragement, trust and endless support

IvyCap Ventures investment in Miko was a historic one. Their highly scalable and innovative business models with the potential of becoming leaders and disrupters in various sectors is truly noteworthy, and exactly aligns with our vision for Miko."

- SNEH VASWANI,

CO-FOUNDER AND CEO

IvyCap’s investment in Miko was a very welcome intervention to us. Their special focus on DeepTech, ConsumerTech, FinTech, HealthTech, EdTech, SaaS, AgriTech is a perfect fit for our robotics space."

- PRASHANT IYENGAR,

CO-FOUNDER AND CTO

At Miko, we feel proud to be associated with IvyCap's unique way of leveraging global alumni ecosystems to build technology-driven innovative companies and young start-ups like Miko."

- CHINTAN RAIKAR,

CO-FOUNDER AND COO

FOUNDER

Sneh Vaswani

Co-Founder and CEO

As Miko's CEO, Sneh steers Miko’s vision for transforming the technology and learning landscapes. In addition to leading a global team of engineers, psychologists, designers and mathematicians from the U.S and India, he oversees a thriving global business of creating a product, Miko, which is a robot that offers emotionally intelligent solutions to young kids by, Sneh had also lead multidisciplinary teams to victory at robotics competitions around the globe. A B.Tech and M.Tech graduate from Indian Institute of Technology, Bombay draws this passion from robotics.

Prashant Iyengar

Co-Founder and CTO

As Chief Technology Officer at Miko, Mr. Prashant Iyengar, oversees the future of AI and Deep Learning, spearheads the core technology, and Research & Development, and responsible for Miko’s all futuristic diversification into new product developments. An M-Tech from Indian Institute of Technology, Bombay, he also worked earlier on implementation of machine learning based cascade object detection framework as also on development of robotic navigation and acoustic localization techniques, and while at college won many accolades at international events in Robotics etc.

Chintan Raikar

Co-Founder and COO

At Miko, Chintan helped in building a global team comprising of leading mathematicians, designers, engineers and neuropsychologists that helped in producing what is a robot that leverages proprietary and state of the art artificial intelligence, robotics and IoT. His prime role in Miko is overseeing the Hardware horizon and is also responsible for the entire Supply Chain and Operations in its global reach to several countries, and while in college, his efforts were recognised in achieving tight co-ordination between 3 autonomous robots, and was awarded the second position for Best autonomous Robot and most innovative design.

Their
Winning
Edge

01

Cutting-edge technology

Miko was born out of the sheer passion of three aspiring Robotic Engineers, all graduates of IIT, Mumbai. Now in its third generation, the company's Miko robot is an emotionally intelligent machine that leverages proprietary, state-of-the-art artificial intelligence, robotics and IoT. The AI robot was designed by some of the world’s best AI engineers, mathematicians, teachers and psychologists to reflect the unique developmental needs of children.

02

Progressive culture

Miko promotes leadership and innovation throughout every level of its organisation. Developing hardware is tough, and the company's agility has enabled it to launch state-of-the-art IP owned consumer electronics products globally. Miko's team is located in the innovation hubs of Silicon Valley, Mumbai and London, and its Miko 3 robot is available to families in more than 140 countries.

CLOVIA IN COVERS

Miko raises Rs50 crore from IvyCap Ventures and others

Robotics startup Miko on Wednesday said that it has raised ₹50 crore as a part of its latest fundraise led by IvyCap Ventures.

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Miko robotics gets Rs 50 crore funding from IvyCap Ventures, others

The robotics startup will use the funding from investors IvyCap Ventures, Chiratae Ventures and YourNest Capital for product development and strengthening global alliances.

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Exclusive: Miko-Maker Emotix Raising INR 26 Cr from IvyCap In Series

Mumbai-based robotics company Emotix is raising close to INR 26 Cr through a mix of debt and equity from

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