Social Hardware
Robotics | Seed
Bengaluru, India
socialhardware.co.in
Social Hardware develops Collaborative Robots (COBOT) for various industrial applications, primarily for defense use-cases such as ordinance-disposal, hostage situations, surveillance, etc, using prosthetics, bionics, and assistive technology. In 2023, the company evolved into a deep tech firm, merging bionics with robotics and Extended Reality (XR) to create a master-slave mechanism to operate the COBOTs from a safe-distance with the precision and dexterity of a human hand. The tech has been developed in collaboration with and approval from Department of Military Affairs (DMA), for which deliveries begin in late-2024.
Founders
Abhit Kumar
Co-Founder & CEO
Dr. A.P.J. Abdul Kalam Technical University
Bachelor’s degree, Instrumentation/ Biomedical Engineering
2- Design Patents (Granted)
Cameron Norris
Co-Founder & CMO
6 Yr WorkX- Open Source Technology
Columnist for Raspberry Pi | Huffington
Raghavendran Arunachalam
Co-founder & CTO
Kiel University
Masters in Power Electonics
1- Utility Patent (Pending)
Key Highlights
Indigenous Development
70% Indigenous development reducing supplier dependence
Key Clientelle
Remarkable Clientelle including NSG, CISF, CRPF
Intellectual Property
4 Provisional Patents filed
Assets amassed until Mar'2024
INR 31.2 Lacs
Expected Revenue in 18 months
INR 14.8 Cr
Core-tech works
Performance cleared by DMA officials
Key Partnerships
Deal Details
Current Deal Round
Seed
Round Size
INR 2.5 Cr (upto 80% committed)
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
INR 14 Cr Pre-Money
Minimum Ticket Size per Investor
INR 3,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runners
Prateek Pranjal
Devanshi Pahuja
Documents
Pitch Call Recording
Media
Social Hardware: Providing free prosthetics for India’s labor force
As a growing economy, India is experiencing a surge in industrialization, and construction accidents are on the rise, which in turn is spurring a huge demand for prosthetics.
We spoke to Abhit K, Co-Founder at Social Hardware, which aims to replace costly overseas imports with locally manufactured prostheses, enabling non-profit organizations to help more people, faster, and at much lower cost than existing international supply chains.
