GreyOrange wins 'Startup of the Future' at NDTV Unicorn Awards 2016


New Delhi, July 29, 2016 : GreyOrange, a multinational robotics firm that designs, manufactures and deploys advanced robotics systems for automation at warehouses, distribution and fulfilment centres, has added yet another feather to its cap by winning the coveted 'Startup of the Future' award at NDTV Unicorn Awards 2016 at a gala event held in New Delhi. The award recognizes an international start-up that has revolutionised its segment, shown remarkable growth in the last financial year and promises significant growth in future as well.

Supply chain is the backbone of several industries such as e-commerce, logistics, retail, consumer goods, hospitality, healthcare, and manufacturing etc. However, traditional supply chain operations are extremely unstructured and inefficient, with inherent delays, pilferages, operational inefficiencies and errors. GreyOrange’s robotic solutions help companies around the world in transforming their supply chains with highly productive and efficient automated warehouses. The GreyOrange Butler is an artificial intelligence powered robotic system that automates inventory management in a warehouse, and the GreyOrange Sorter is an advanced system that automates profiling and sortation of outgoing packages in the warehouse. Founded in 2011 as a two people team, GreyOrange is today a 500+ strong workforce. It has been growing at 300% Year-On-Year and is expected to continue growing at the same pace in the coming years. Headquartered in Singapore, currently, the company also has operations in India, Hong Kong and Japan. It has recently expanded business to the Middle East and China markets.

On the occasion, Samay Kohli, Co-Founder and CEO, GreyOrange Pte. Ltd. said, "We are thrilled to win the ‘Startup of the Future’ award. We would like to accept this award on behalf of the 500+ GreyOrange employees and their families, who have helped turn our idea into a reality and without whom, GreyOrange’s success would not have been possible."

Akash Gupta, Co-Founder and Chief Technology Officer, GreyOrange Pte. Ltd said, "The award celebrates the spirit of entrepreneurship and those who believe in solving real business problems. We believe that robotics can transform several industries and lives around the world. Being acknowledged as the ‘Start-up of the Future’ by NDTV Unicorn Awards is testimony to our passion for robotics."

About GreyOrange:

GreyOrange is a multinational robotics firm that designs, manufactures and deploys advanced robotics systems for automation at warehouses, distribution and fulfilment centres. With deep domain expertise, world class hardware and software engineering and the passion to solve real life business problems, the company is disrupting the way logistics and supply chain processes across the world are being optimized. GreyOrange is headquartered in Singapore with offices in India, Hong Kong and Japan, providing 24x7 customer support globally. Founded in 2011, GreyOrange has grown rapidly to over 500+ employees today with over 33% of them working in the state-of-the-art Research and Development centre in Gurgaon, India.

About NDTV Unicorn Awards:

Given across 13 categories NDTV Unicorn Awards is country’s most credible start-up awards that honours country’s most path-breaking and disruptive start-ups.

About GROUND Inc.:

GROUND Inc. is an e-commerce logistics technology provider which is pushing for the adoption of disruptive technologies in the logistics industry. Specifically, it aims to pioneer the adoption of "Intelligent Logistics", which incorporates IT, robotics and cloud technologies into a single high-tech solution for supply chain optimisation. GROUND Inc. is founded by Hiratomo Miyata, formerly the executive officer of logistics business at Rakuten Inc. as well as CEO of Rakuten Logistics Inc., which was founded in 2010 to provide fulfillment services for the merchants who joined "Rakuten Ichiba", the biggest e-marketplace in Japan. Together with his management team, Miyata envisions GROUND Inc to be an ally of any customer wishing to make the leap into next generation logistics.

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Ashish Kumar
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Priyanka Manglani
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