21st August, 2024, New Delhi: Ev2 Ventures/Caret Capital led a US$1 million Seed investment round in Rosh.Ai which saw participation from ThinKuvate as well. Rosh.Ai is a deep-tech company enabling development of vehicle agnostic end-to-end Autonomy Stack that includes advanced mapping, perception, navigation, SoC development, and ADAS solutions, headquartered in Kochi.
Founded in 2021, Rosh.Ai serves as a development partner within the autonomy ecosystem, catering to automotive OEMs (including EVs), seaport and airport operators, and the mining sector. Their autonomy platform facilitates the rapid development of AV prototypes, ADAS and AV test platform, expediting ADAS development and testing. Additionally, they offer vehicle-agnostic autonomy and drive-by-wire retrofit kits that can convert any vehicle into a fully or partially autonomous vehicle.
Rosh.AI targets sea port congestion and mining productivity issues by addressing driver shortages and equipment inefficiencies respectively. In sea ports, where 80% of global logistics flow, driver scarcity leads to delays. Mining faces productivity drops of 15%-20% due to equipment issues. Both sectors seek safer operations, a gap Rosh.Ai aims to fill with autonomous vehicles.
“At Rosh.Ai, our mission is to revolutionize the future of mobility by providing cutting-edge autonomous driving solutions that enhance safety, efficiency, and sustainability in the automotive industry. We strive to be the global leader in autonomous vehicle technology, driving innovation and setting new standards in the industry” said Dr Roshy John, Founder & CEO at Rosh.Ai.
Dr. Roshy John, also known as “The Man who Kickstarted India’s Driverless Car Revolution” by NASSCOM, has over two decades of experience in robotics and artificial intelligence. His extensive expertise, highlighted by 40+ international patents pending, underscores his commitment to innovation and inspiring the next generation of technologists.
“Technology is at the heart of everything we do at Rosh.Ai. We are dedicated to pushing the boundaries of innovation in autonomous vehicle systems, ensuring that our solutions are not only cutting-edge but also practical and scalable. By enabling autonomy transformation, we support our clients in tackling critical challenges on the ground, ultimately driving forward the future of autonomous mobility,” said Rajaram Moorthy, Co-Founder & CTO at Rosh.Ai.
As the Co-Founder and CTO of Rosh.Ai, Rajaram Moorthy complements Dr. Roshy’s vision with his profound engineering acumen and passion for autonomous vehicle technology. With over 20 years of hands-on experience in robotics and artificial intelligence, Rajaram has played a pivotal role in shaping India’s first driverless car revolution. He has three international patents in the autonomy domain.
“We are excited to partner with Rosh.Ai as they continue to push the boundaries of innovation in autonomous vehicle technology,” said Karan Mittal, Managing Partner, Ev2 Ventures/Caret Capital. “With a proven track record and extensive experience in the sector, we are confident in the Founders’ ability to drive positive change in the automotive industry through their revolutionary technology.”
Addison Appu, Partner at ThinKuvate further added that, “We believe Rosh.Ai’s advanced autonomous software and groundbreaking solutions will allow the Company to have a first mover advantage in driverless and ADAS technology for ports, seaports, mining operations among other sectors.”
Since its inception, Rosh.Ai has achieved remarkable traction, boasting a prestigious clientele that includes major automotive manufacturers, leading technology firms, and global truck companies among others.
