The below brands have announced their latest funding rounds.
RoshAi Raises INR 22 Cr from IAN Group’s Alpha Fund
Kochi-based deep-tech autonomy startup RoshAi has raised INR 22 crore (USD 2.36 million) in a new funding round led by IAN Group through its Alpha Fund. The latest investment comes after the company previously secured about USD 1.71 million in a seed round backed by investors such as Caret Capital, Ev2 Ventures and ThinKuvate.
The fresh capital will be used to strengthen its product offerings, increase deployments and expand its presence in global industrial markets.
Founded in 2021 by Roshy John and Rajaram Moorthy, RoshAi focuses on enabling autonomous operations for commercial vehicles working in confined environments such as seaports, mining sites, airports and industrial yards. Its technology combines retrofit hardware with AI-powered fleet software to allow existing vehicles to operate without drivers.
The startup provides an autonomy operating system, vehicle retrofit kits and a cloud-based fleet management platform. This integrated approach aims to improve operational safety, increase uptime and reduce costs for industrial users. RoshAi claims to follow the “Android-for-autonomy” model, where its AI software stack is licensed to original equipment manufacturers (OEMs) and fleet operators, while hardware kits are used to upgrade existing vehicles.
The broader market for industrial autonomous vehicles is expanding rapidly. Industry estimates suggest that the sector could grow from USD 47.6 billion in 2024 to USD 162.8 billion by 2030, driven by rising demand for automation in logistics, mining and port operations.
RoshAi said it has demonstrated early traction through partnerships with tier I OEMs and repeat engagements with customers. Its systems have reportedly been tested over 100,000 km without safety incidents. The company is also building a patent portfolio and a scalable technology stack designed for diverse industrial settings.
Currently, the startup is working with operators across ports, mining and logistics through pilot projects and early deployments. It plans to expand into international markets, including the US, Australia and Southeast Asia, where demand for driverless and automated solutions is increasing.
RoshAi operates in a competitive space alongside companies such as Phantom, Black Sesame Technologies and Aptiv, which are also developing autonomous systems for industrial and mobility applications.
Atlas Raises USD 6 Mn in Seed Round Co-Led by Accel, Stellaris
Atlas, an AI-led platform for accounting firms, has raised USD 6 million in a seed funding round co-led by Accel and Stellaris Venture Partners. The fresh funds will be used to expand its AI platform, grow its network of partner accounting firms in North America and scale its go-to-market efforts.
Founded in 2025 by Arpit Maheshwari and Jagmal Singh, Atlas develops AI-native tools designed to automate workflows across accounting and administrative operations. The platform follows a human-in-the-loop approach, where AI assists accountants while allowing them to focus on higher-value tasks.
Atlas is targeting independent accounting firms, especially in North America, where the sector is experiencing a shortage of skilled professionals.
