Co-founders of ShareChat raised $3 M for their new firm General Autonomy
The co-founders of Sharechat, Farid Ahsan and Bhanu Singh, raised $3 million in seed money for their new company General Autonomy after leaving the social media giant in January of this year.
Ahsan made the announcement on X, which was formerly Twitter.
The round was led by venture capital firms Elevation Capital and India Quotient, with participation from angel investors such as co-founders of Zetwerk Srinath Ramakkrushnan and Livspace Ramakant Sharma, as well as co-founder and CEO of ShareChat Ankush Sachdeva.
“With a vision to make mass manufacturing agile and distributed like software development, we’re in Bengaluru but working globally,” said Ahsan.
“Join us on this thrilling journey as we build AI driven machines to automate the toughest parts of labour workflows in factories. P.S. If you’re as passionate about robotics as we are, reach out, connect, and let’s build something extraordinary together,” he added.
Ahsan and Singh have become part of a number of growth stage businesses that were founded by co-founders or high-ranking executives who left to raise money for their own venture.
The list includes Virgio, founded by the former CEO of Myntra, GoodGudi, founded by the founders of Dailyninja, GenWise and Third Unicorn, founded by former executives of BharatPe, and Atomicwork, founded by the founders of Minjar.
