Vividobots: Revolutionising Robotic Automation in Real Estate

Vividobots, a Chennai-based startup specializing in robotic automation, has secured Rs 1.47 crore in its seed funding round led by Inflection Point Ventures (IPV). The funds will primarily support the innovation of products and the enhancement of robotic systems that cater to the maintenance of high-rise real estate.

About Vividobots

Founded in 2021 by Dhinesh B (CEO), Velmurugan B (CPO), and Kesavaraj S (CTO), Vividobots is dedicated to creating AI-driven robotic systems. These advancements in technology aim to streamline the exterior maintenance of buildings, delivering improvements in time efficiency, cost-effectiveness, and safety compared to traditional manual methods.

Expansion Plans and Technological Advantages

Currently functioning in Chennai, Vividobots has plans to broaden its operations to other major metropolitan areas. The innovative technology developed by Vividobots enables users to achieve significant efficiencies, boasting a remarkable 70% reduction in time, a 50% decrease in costs, and a 15% saving on materials for vertical surface maintenance, applicable in areas such as painting and cleaning.

Recognitions and Market Potential

The startup is part of the Brigade REAP accelerator program and was recognised as one of the Top 10 Real Estate Tech Startups by Mahindra LEAP in 2023. Research indicates that the Indian market for these robotic services is valued at $4.46 billion (SOM), while the global total addressable market (TAM) reaches an astounding $1.56 trillion, highlighting vast opportunities for automation within the sector.