Robotics startup Miko raises $10.5 million from iHeartMedia, to integrate US firm’s audio content in devices

Mumbai-headquartered robotics startup Miko has raised $10.5 million (Rs 93.5 crore) from iHeartMedia, an American audio media company.

Miko.ai operates on a hybrid model, selling AI-powered robots such as Miko Mini and Miko 3. Beyond funding, Miko and iHeartMedia have also entered into a partnership under which the robotics startup will integrate iHeart’s audio content into its devices.