Former co-founders of ShareChat, Farid Ahsan and Bhanu Singh, have announced a successful seed funding round of $3 million for their latest venture, General Autonomy.
This announcement was made public by Ahsan on X (previously known as Twitter), signaling a significant move since their departure from the social media giant earlier this year.
India Quotient and Elevation Capital spearheaded the investment, accompanied by other major angel investors such as Srinath Ramakkrushnan of Zetwerk, Ramakant Sharma from Livspace, and ShareChat’s CEO, Ankush Sachdeva.
Ahsan conveyed his excitement about their vision for General Autonomy, stating,
“With a vision to make mass manufacturing agile and distributed like software development, we’re in Bengaluru but working globally.”
The duo’s departure from ShareChat earlier this year had set the stage for their venture into the robotics space with General Autonomy.
Their new startup idea aligns with India’s national ambitions in robotics, as outlined in the Ministry of Electronics and Internet Technology’s (MeitY) draft National Strategy on Robotics. The Indian government aims to establish itself as a global robotics powerhouse by 2030, aligning with its Make in India 2.0 vision emphasizing robotics as a pivotal sub-sector for enhancing India’s global standing.
Ahsan and Singh’s successful fundraising venture echoes a growing trend among executives and co-founders exiting established companies to launch their startups.
Their call to action for like-minded individuals passionate about robotics reinforces their commitment:
“Join us on this thrilling journey as we build AI-driven machines to automate the toughest parts of labor workflows in factories. P.S. If you’re as passionate about robotics as we are, reach out, connect, and let’s build something extraordinary together.”
The co-founders’ transition from ShareChat to General Autonomy marks a major step toward enhancing the manufacturing processes through AI-driven solutions, contributing to India’s aspirations in the global robotics space.