The Indian Wire » Startups » IAN Fund backs Nocca Robotics with ₹12.4 cr investment

IAN Fund backs Nocca Robotics with ₹12.4 cr investment

Nocca Robotics, as the name suggests, is an AI-based robotics platform, which has secured INR 12.4 crore in from a seed and early-stage fund the IAN Fund.

The startup will use the capital to set up a robust manufacturing facility to launch robots dedicated to clean rooftop solar panel installations. It also aims to bolster its R&D and strengthen the production team to deliver best-in-class products.

Harshit Rathore, CTO & Co-founder, Nocca Robotics, said, “Our water-less and shareable robotic solar panel cleaning solution enables plant owners to operate at peak efficiency while generating attractive RoIs, by curbing unnecessary spends on manual cleaning and increasing the power generation. Moreover, the impact that the switch to water-less cleaning option can drive on the ecological level, is immense. Water is a precious resource without which we cannot survive. Coming up with innovative alternatives to all water-based industrial processes should be a top priority of our age.”

Nocca Robotics was founded by Harshit Rathore and Nikhil Kurele in 2017. The platform leverages technologies such as AI, machine learning, deep learning and robotics to provide automated, water-less and shareable solar panel cleaning solution for utility-scale solar parks.

According to Nocca, Indian solar plants spend about INR 500 crore annually to clean solar plants multiple times a month. The plant owners also reportedly incur production losses due to dust accumulation.

Nocca Robotics addresses these burning issues by providing water-less robotic cleaning solution to utility solar park developers and large rooftop installation companies in India.

Saurabh Srivastava, Controlling & Designated Partner, IAN Fund, said, “Nocca Robotics, born in IIT Kanpur, has its unique IP for water-less robotic cleaning of solar panels and other surfaces, and is well poised to leverage the government’s focus on scaling the country’s solar power generation capacity to 100 GW by 2020.  Its innovative, tech-based, unique solution will address the auxiliary challenges associated with solar energy operations.”

Similarly, other robotics startups, under the similar roof are AnkiGreyOrange RoboticsUiPathBlue Prism, Automation Anywhere, among more.

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Suviral Shukla

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