Inner Sky Labs
Category: Robotics / Embodied AI
Mumbai-based physical AI company, maker of Miko kids' companion robots, offering neuro-symbolic foundation models for perception, action and safety across robots and machines. Inner Sky Labs was founded in 2015. The company is led by Sneh Vaswani. Based in Mumbai, India. Total funding raised: $69M. Latest round: Strategic Investment. Key investors include YourNest Venture Capital, Chiratae Ventures, IvyCap Ventures, IIFL AMC, Mankind Pharma Family Office, Aroa Ventures, iHeartMedia, Keshav R Murugesh.
- Founded
- 2015
- Headquarters
- Mumbai, India
- Total funding
- $69M
Value proposition
A modular, hardware-agnostic stack of in-house foundation models for perception, action and safety. Machine makers can license it instead of building costly models themselves. A verified safety layer gates every action before execution.
Products and solutions
Perception: Drishti (vision), Shruti (audio), Sparsh (tactile). Action: Kriya (VLA policy, 4B→12B), Karma (world model, 4B→16B), Prana (flagship omni-conditioned dual-brain foundation model, 9B→37B). Safety: Kavach (independent verified-actuation layer with 20+ guardrails and 60+ prebuilt facility alerts, v2–v4 multimodal and physical safety). Consumer brand: Miko robots (Miko Mini, Miko 3, Miko Max, Miko Chess). ISL Data Lab with a data factory and instrumented stations.
Unique value
Safety-first physical AI. Kavach reports benchmark prompt/response safety scores (1.00/0.91) above GPT-4o mini, Claude Haiku 3.5 and Gemini 1.5 Flash, running at control-loop latency. The models are trained in-house, not fine-tuned from open source, on a decade of real-world data from 500K deployed Miko robots.
Target customer
Robot and machine manufacturers (industrial arms, humanoids, quadrupeds, AMRs, cars, CCTV), enterprises in manufacturing and logistics, governments needing sovereign AI, education systems, gaming companies, and consumers via Miko.
Industries served
Manufacturing, logistics, consumer robotics/kids edtech, public education, gaming (child safety/COPPA), government/sovereign AI, facility safety/surveillance
Technology advantage
About 10 years of proprietary physical-world and child-interaction data: 500K+ Miko robots in 140+ countries, 50+ instrumented manufacturing stations, and tactile/egocentric capture rigs. A reinforcement-learning self-improvement flywheel with sim-to-real test bench. Embodiment-independent tactile tokens. Models can run as a cloud API or on-device in the control loop.
How they differentiate
Combines modular, separately licensable perception, action and safety models with an independent verified-safety layer (Kavach). Positions as sovereign, India-built and safety-certified. Brings a proven consumer deployment base (Miko) rather than a lab-only VLA approach.
Main competitors
Skild AI, Physical Intelligence, NVIDIA GR00T / Covariant (robotics foundation models)
Key partnerships
iHeartMedia (strategic investor and partner for Miko content/distribution), a global gaming major uses Shruti and Kavach for NPC safety (unnamed)
Major milestones
2015: founded as Emotix/Miko by IIT Bombay alumni. 2019: $7.5M Series A. 2021: $28M round led by IIFL AMC. 2025: $10.5M from iHeartMedia. Oct 2026: unveiled Inner Sky Labs umbrella brand and physical AI foundation models (Drishti, Shruti, Sparsh, Kriya, Karma, Prana, Kavach), closing a ₹300 Cr (~$30.9M) round with YourNest, Keshav R Murugesh and new global investors (not yet closed).
Growth metrics
500K+ Miko robots deployed across 140+ countries; described as the #1 kids' robot brand in the US. Total funding to reach about $100M after the pending ₹300 Cr round (implying about $69M before it).
Market positioning
India's flagship physical AI foundation model provider, pivoting from the #1 US kids' robot brand (Miko) into B2B/B2G licensing of physical AI models.
Geographic focus
Global. Consumer sales concentrated in the US; enterprise and government focus in India and international markets.
About Sneh Vaswani
Co-founder & CEO of Miko (Emotix) since 2015; IIT Bombay alumnus. Speaker at ITU AI for Good; presented Miko at India AI Impact Summit 2026.
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Official website: https://innerskylabs.ai