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# Indian warehouse robotics firm GreyOrange raises $110 million
- URL: https://www.techloy.com/indian-warehouse-robotics-firm-greyorange-raises-110-million/
- Published: 2022-05-19T15:33:58.000Z
- Updated: 2022-12-08T00:45:10.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Robotics, Tech in India

[GreyOrange,](https://www.greyorange.com/) an India-based warehouse robotics firm has raised $110 million in its new funding round from Mithril Capital and other investors. 

- The funds will be used to improve its technology, enter new markets, and accelerate the adoption of its fulfilment products by companies, warehouses, distribution stores and retail outlets, it claims.
- Part of the funding came in debt financing from BlackRock and will be used to hire 300 people for roles including customer service, sales, marketing, product and engineering.
- GreyOrange offers software and hardware multi-function automation for companies such as Walmart, H&M, COS, Coupang and GXO Logistics.
- It last raised $140 million in September 2018 from Blume Ventures, an investment firm based in Mumbai.