I'm Abhishek Gorle, founder of EcoOrbit Solutions Pvt Ltd. Orangewood Labs is doing. great work. Here's my take on the Industry. Legacy Robotics Companies build industrial robots whose costs are very high despite the economies of scale. They are not reachable that easy to start-ups and companies with low volume use cases & many markets. They don't directly deploy their robots, their integrator does it. The integrators are responsible for the robots and the end effectors development and the training. There's a lot of maintenance and dependency on the integrators. Ofcourse KUKA robotics is very supportive in to start-ups. I'll list out all the points probably in the comments section of Backstage with Millionaires' LinkedIn post.
no brother. things are changing fast. you dont know about pli scheme. it has created 2.6 million jobs till now in electronucs manufacturing. more and more investors invest in manufacturing in india. like apple samsung foxconn tata electronics salcomp and indian brands are also rising like padget electronics lava micromax dixon opteimus and hundreds more. i am very optimistic that tables will completely turn in 10 to 15 years. just see the massive infra being build just to woo investors.see the fdi pulling in.and the good thing is that fdi is coming in manufacturing also.
In my experience you need to be decently innovative, extremely cost effective and have sufficient capital endurance to stay in the market till 3-5 years.
Just love the Indian entrepreneurship stories like this. In half a decade it would be great to see 1. Them move HQ to India 2. If we could program with AGI and train by showing the ai model videos of tasks like the v12 autopilot . The perfect jalebi maker’s video to train the hand. 3. Arms building arms
Abhinav - come back to Faridabad, it was once a bastion of Indian Industry, but now there are a lot of empty plots of industrial land. Faridabad needs to be revived.
I wish you would talk more about business than the story. Most people dont care about story but the value in the podcast. Great founder! Thanks for bringing him
They're still in R&D, with a handful of customers, so I think the business itself is still in the early stages. But point taken, will try to focus more on the business in coming pods 🙂 -Caleb
You are doing an incredible job Sir, really really love the content you put out time and again, your videos/shorts are very amazing, useful and helpful,thank you so so much for doing what you do, lots and lots of love, support and appreciation from my side!!! I feel super lucky to be learning from you:) The best startup channel out there!!!
😢 Government should ease off taxation and provide better business security to Indian startups if we want to develop India from heavily service based to product based.
After Adani, Paytm and BYJUS, along with the excessive delays if the NLCT in the go air bankruptcy, investors are wary so it probably makes good sense to stay put until the laws improve
All the problems orangewood is trying to solve have already been solved and better, You can buy a 6 axis articulating arm for less than 5 lakhs with better payload, reach and repeatability while they are trying to sell it 3x that. Throwing around buzzwords like AI, GPT, AGI, to just to raise more funds to burn, bad for the startup ecosystem. KUKA and ABB have near infinite budgets to improve training/programming and making these safe around humans have been at it before orangewood started, taking from truly democratic opensource articulated arm projects and then building a low value closed source product is disappointing and sad. Caleb i am sure there are better guests to be had on your show.
Raising capital is a requirement for hardware/deeptech companies, if you listen to the podcast you'll hear about what happened to Abhinav's first company which was trying to replace unsafe, unregulated jugaads with RUVs. He was based in Ahmedabad and couldn't secure the capital he needed and had to shut it down before getting out of R&D. I understand the frustration for software and internet companies burning VC, but it's totally justified in deeptech where R&D takes years with no source of revenue. How can you expect them to bootstrap robotics? The idea that because KUKA (100+ years old, German) and ABB (30+ years old, 100+ if you go back to BBC, Swedish-Swiss) are big and successful, Indian hardware startups shouldn't try, to me is the wrong perspective. It's like saying "Apple is big, so Indian companies shouldn't try to make smartphones. DJI is big so Indians shouldn't make drones." Happy to take suggestions on guests for the show - we're an Indian-focused startup channel, so would need to make sure guests fit that criteria, but otherwise I'm all ears. -Caleb
@@backstagewithmillionaires Caleb, appreciate you taking time to respond. My Objection was not about them being hustlers or not being bootstrapped in a capital-intensive domain like robotics. My disappointment is with Its their positioning / projection of being a challenger to incumbent giants (KUKA, ABB...) or them being a better alternate to Chinese imports or being democratic like the myriad opensource projects out there. they aren't none of that in my opinion. OfCourse one should try to challenge, hollow marketing fluff is a but much and sends a wrong message, not gate keeping but reinventing the wheel at the cost of VC, can't be healthy for the VC ecosystem. except as a cautionary tale. nevertheless, I have enjoyed a lot of your other guests you've got on so far, keep up the good work. Cheers!
I'm Abhishek Gorle, founder of EcoOrbit Solutions Pvt Ltd. Legacy Robotics Companies build industrial robots whose costs are very high despite the economies of scale. They are not reachable that easy to start-ups and companies with low volume use cases & many markets. They don't directly deploy their robots, their integrator does it. The integrators are responsible for the robots and the end effectors development and the training. There's a lot of maintenance and dependency on the integrators. Ofcourse KUKA robotics is very supportive in to start-ups. I'll list out all the points probably in the comments section of Backstage with Millionaires' LinkedIn post.
I'm Abhishek Gorle, founder of EcoOrbit Solutions Pvt Ltd. Orangewood Labs is doing. great work. Here's my take on the Industry. Legacy Robotics Companies build industrial robots whose costs are very high despite the economies of scale. They are not reachable that easy to start-ups and companies with low volume use cases & many markets. They don't directly deploy their robots, their integrator does it. The integrators are responsible for the robots and the end effectors development and the training. There's a lot of maintenance and dependency on the integrators. Ofcourse KUKA robotics is very supportive in to start-ups.
I'll list out all the points probably in the comments section of Backstage with Millionaires' LinkedIn post.
doing a hardware business in india is one of the hardest things on the planet
Doing any business in India is one of the hardest thing.
no brother. things are changing fast. you dont know about pli scheme. it has created 2.6 million jobs till now in electronucs manufacturing. more and more investors invest in manufacturing in india. like apple samsung foxconn tata electronics salcomp and indian brands are also rising like padget electronics lava micromax dixon opteimus and hundreds more. i am very optimistic that tables will completely turn in 10 to 15 years.
just see the massive infra being build just to woo investors.see the fdi pulling in.and the good thing is that fdi is coming in manufacturing also.
In my experience you need to be decently innovative, extremely cost effective and have sufficient capital endurance to stay in the market till 3-5 years.
+ A good founding team is very crucial to success.
@@corruptionFreeIndia02 some challenges that india has such as taxation, skilled labour,supply chain cannot be solved by a founder
Just love the Indian entrepreneurship stories like this.
In half a decade it would be great to see
1. Them move HQ to India
2. If we could program with AGI and train by showing the ai model videos of tasks like the v12 autopilot . The perfect jalebi maker’s video to train the hand.
3. Arms building arms
I like this guy. He's honest and looks like he won't screw over anyone
This is not the case this guy is a con artist mate reality is often disappointing
Yes, Millionare mondays is back.
Abhinav - come back to Faridabad, it was once a bastion of Indian Industry, but now there are a lot of empty plots of industrial land. Faridabad needs to be revived.
Barbad kar dega yeh bandha jahan bhi jayega
I wish you would talk more about business than the story. Most people dont care about story but the value in the podcast. Great founder! Thanks for bringing him
They're still in R&D, with a handful of customers, so I think the business itself is still in the early stages. But point taken, will try to focus more on the business in coming pods 🙂 -Caleb
@@backstagewithmillionaires I see. Thanks!! 🙏🏾
Nahi karega yeh because they do not have any business plan yet super dumb founders
You are doing an incredible job Sir, really really love the content you put out time and again, your videos/shorts are very amazing, useful and helpful,thank you so so much for doing what you do, lots and lots of love, support and appreciation from my side!!! I feel super lucky to be learning from you:) The best startup channel out there!!!
Such a phenomenal story
Ghanta phenomenal this guy is shit and have all made up stories
Ghanta
love watching your videos from bihar. specially that you guys bring in entrepreneurs from unconventional backgrounds. like hardware dudes etc.
😢 Government should ease off taxation and provide better business security to Indian startups if we want to develop India from heavily service based to product based.
Thank u so much for these videos
No problem Utkarsh, thanks for watching! -Caleb
What's the motive behind putting a headset on when the conversation is going?
Helps with mic discipline - otherwise guests often recline too far from mic and aren't audible. -Caleb
Hi. I am intrested in this and would like to invest in this.
Awesome
Good story.
Yup only story is good other all things are bad
Please get GreyOrange on board
Crazy people change the world.
❤
holyshit this guy is smart
Man's Poor man's Tony Stark..
🔥
"Final 2" kya he
Updated! -Caleb
Man, I am seeing myself in abhinav story somehow stucked almost nowhere !!!
Exactly cause abhinav is stuck and going nowhere
Why he is not shifting headquarter from US to India
Modi is gonna harrass him to pay hefty taxes and fund his politics
Probably easier access to investments. Closer to VCs
After Adani, Paytm and BYJUS, along with the excessive delays if the NLCT in the go air bankruptcy, investors are wary so it probably makes good sense to stay put until the laws improve
Our court system is bad, laws are bad, regulations are bad (especially when the it ministry can just destroy an entire ecosystem by an advisory)
Tax evasion
for the algo
comment to boost recommendation . Just doing my job .
Thank you! 🙏 -Caleb
All the problems orangewood is trying to solve have already been solved and better, You can buy a 6 axis articulating arm for less than 5 lakhs with better payload, reach and repeatability while they are trying to sell it 3x that.
Throwing around buzzwords like AI, GPT, AGI, to just to raise more funds to burn, bad for the startup ecosystem.
KUKA and ABB have near infinite budgets to improve training/programming and making these safe around humans have been at it before orangewood started, taking from truly democratic opensource articulated arm projects and then building a low value closed source product is disappointing and sad.
Caleb i am sure there are better guests to be had on your show.
Raising capital is a requirement for hardware/deeptech companies, if you listen to the podcast you'll hear about what happened to Abhinav's first company which was trying to replace unsafe, unregulated jugaads with RUVs. He was based in Ahmedabad and couldn't secure the capital he needed and had to shut it down before getting out of R&D. I understand the frustration for software and internet companies burning VC, but it's totally justified in deeptech where R&D takes years with no source of revenue. How can you expect them to bootstrap robotics?
The idea that because KUKA (100+ years old, German) and ABB (30+ years old, 100+ if you go back to BBC, Swedish-Swiss) are big and successful, Indian hardware startups shouldn't try, to me is the wrong perspective. It's like saying "Apple is big, so Indian companies shouldn't try to make smartphones. DJI is big so Indians shouldn't make drones."
Happy to take suggestions on guests for the show - we're an Indian-focused startup channel, so would need to make sure guests fit that criteria, but otherwise I'm all ears. -Caleb
@@backstagewithmillionaires Caleb, appreciate you taking time to respond.
My Objection was not about them being hustlers or not being bootstrapped in a capital-intensive domain like robotics.
My disappointment is with Its their positioning / projection of being a challenger to incumbent giants (KUKA, ABB...) or them being a better alternate to Chinese imports or being democratic like the myriad opensource projects out there. they aren't none of that in my opinion.
OfCourse one should try to challenge, hollow marketing fluff is a but much and sends a wrong message, not gate keeping but reinventing the wheel at the cost of VC, can't be healthy for the VC ecosystem. except as a cautionary tale.
nevertheless, I have enjoyed a lot of your other guests you've got on so far, keep up the good work. Cheers!
I'm Abhishek Gorle, founder of EcoOrbit Solutions Pvt Ltd. Legacy Robotics Companies build industrial robots whose costs are very high despite the economies of scale. They are not reachable that easy to start-ups and companies with low volume use cases & many markets. They don't directly deploy their robots, their integrator does it. The integrators are responsible for the robots and the end effectors development and the training. There's a lot of maintenance and dependency on the integrators. Ofcourse KUKA robotics is very supportive in to start-ups.
I'll list out all the points probably in the comments section of Backstage with Millionaires' LinkedIn post.
I think they are selling services more than products.
There is no product
what an inspiring story! @backstagewithmillionaires, thank you for bringing out these gems!
Nothing is inspiring bhai just shit
High T video
update the title please!
Updated! -Caleb
@@backstagewithmillionaires thanks dude!
Why don't you shift to India
Because there is no luxury in India paisa barbad ho raha hain investors ka
Techaltar's intro music and style
❤