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greyorange funding: Fulfilment automation startup GreyOrange raises $135 million from Anthelion Capital, others

GreyOrange, which provides automation solutions for warehouse operators and retailers, said it raised $135 million in a round led by Anthelion Capital.The round included equity and debt, cofounder and chief executive officer Akash Gupta told ET. He declined to share a breakup of the mix.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIIM LucknowIIML…

Fulfillment is still hot, as GreyOrange raises $135M

Over the last few years, I’ve asked countless people in the robotics space “what comes next after warehouse/fulfillment?” The already popular category got red hot during the pandemic, as online shopping turned from convenience to necessity. Amazon has been leading the space for more than a decade with in-house systems, while companies like Locus, 6 River Systems and Fetch (now owned by and branded Zebra) have struck partnerships with top retailers. But asking “what’s next” is in no way an indication that…