Funding · Mobility & Logistics

RoshAi raises Rs 22 crore led by IAN Alpha Fund

By Startup Enthusiast · 8 April 2026

What they do

RoshAi builds retrofit autonomy kits for industrial vehicles in ports, mining, and logistics

The company raised INR 220 million (Rs 22 crore, $2.36 million) in a round led by IAN Alpha Fund

The funds will support product development, global expansion, and hiring, with a 9-12 month runway

RoshAi raised INR 220 million (Rs 22 crore, $2.36 million) in a funding round.
The round was led by IAN Alpha Fund, part of IAN Group.
The company has raised about $3.4 million in total funding so far.
This includes a $1 million seed round led by Ev2 Ventures and Caret Capital in 2024.
An earlier seed round of approximately $1.71 million came from Caret Capital, Ev2 Ventures, and ThinKuvate.
The funds will be used for product development, expanding deployments, and scaling operations in the US, Australia, and Southeast Asia.
RoshAi also plans to invest in hiring, sales infrastructure, and working capital.
The company has a runway of 9-12 months with this new funding.

India's autonomous vehicle segment is seeing early traction in controlled environments like ports and mining.
Industrial automation is driving momentum for autonomous solutions in India.
India's autonomous mobility market is projected to reach $1.3 billion by 2033, with a CAGR of 20%.
AI captured 91% of deeptech funding in India in 2025, highlighting investor interest.

RoshAi provides retrofit-first autonomy solutions for industrial vehicles.
It serves sectors including ports, mining, logistics, airports, and industrial yards.
Products include retrofit hardware kits, an in-vehicle autonomy system with AI software and sensors, and a cloud-based fleet management platform.
The business model is described as 'Android-for-autonomy', licensing its AI software stack to OEMs and fleet operators while deploying retrofit hardware.
The company has tested its systems over 100,000 km with zero safety incidents.
It has partnerships with Tier 1 OEMs and repeat customers, with pilot projects in ports, mining, and logistics.
RoshAi has a growing patent portfolio supporting its innovation.

Product: Retrofit autonomy platform combining AI-powered autonomy systems, sensors, and cloud-based fleet management software for commercial vehicles
Customers: Port operators, mining companies, and logistics hubs seeking autonomous vehicle solutions without new fleet investments
How it makes money: Licensing model for AI software and autonomy infrastructure with hardware retrofit kits and fleet management platform
What sets it apart: Retrofit autonomy platform avoiding need for new fleet investments, Android-for-autonomy licensing model for industrial vehicles