Invento Robotics

Launching Humanoid Robots

By M Harshvardhan and Bipul Kumar in publication business

June 19, 2021

Mitra Robot, created by Invento Robotics, was launched by Prime Minister Narendra Modi and Ivanka Trump, advisor to the President of the United States in November 2017 at the Global Entrepreneurship Summit (GES) 2017 conference held at Hyderabad.

Mitra Robot, created by Invento Robotics, was launched by Prime Minister Narendra Modi and Ivanka Trump, advisor to the President of the United States in November 2017 at the Global Entrepreneurship Summit (GES) 2017 conference held at Hyderabad.

Based in Bengaluru, India, Invento Robotics (Invento) was a start-up that manufactured humanoid robots. In October 2017, Invento received a mandate to develop a humanoid robot to welcome India’s prime minister and the US president’s senior adviser at the Global Entrepreneurship Summit that year in Hyderabad. It was a high-stakes event for Invento; a positive reception to the robots would mean many leads for the company, while a negative response could mar Invento’s reputation. While Invento’s time had hitherto been spent on research and development, there was pressure for it to now determine an overall marketing strategy. It was imperative that Invento quickly crystallize ideas about its customers, product positioning, branding, pricing, distribution channels, and promotions.

  • Harshvardhan, M. and Kumar B. (2020), “Invento Robotics: Launching Humanoid Robots”. Case study accepted by Ivey Cases, Ivey Business School.

  • Harshvardhan, M. and Kumar B. (2020), “Teaching Note: Invento Robotics: Launching Humanoid Robots”. Teaching note accepted by Ivey Cases, Ivey Business School.

Posted on:
June 19, 2021
Length:
1 minute read, 196 words
Categories:
publication business
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