Miko, the India-born global robotics startup, announced that it has raised $28 million in Series B round led by IIFL AMC, Mankind Pharma Family Office, Aroa Ventures – family office of OYO founder Ritesh Agarwal, Manish Choksi from Asian Paints, and a clutch of global investors.
The capital raised will be used to fund product development and strengthen global alliances as Miko aims to build a strong global brand, the company stated.