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Venture capital giant <keyword id="144381" type="COMPANY" weightage="100" keywordseo="Accel-Partners">Accel Partners</keyword> and <keyword id="3267567" type="UNKNOWN" weightage="100" keywordseo="Infosys-cofounder-Nandan-Nilekani">Infosys cofounder Nandan Nilekani</keyword> has funded the robotics firm <keyword id="3267189" type="UNKNOWN" weightage="100" keywordseo="Systemantics">Systemantics</keyword>, which builds industrial robots for the manufacturing sector. The last time it had received funding was in 2013, when <keyword id="592779" type="ORGANIZATION" weightage="100" keywordseo="Blume-Ventures">Blume Ventures</keyword> had invested in the firm. 
 Systemantics was founded by IIT-Madras alumni <keyword id="3267568" type="UNKNOWN" weightage="100" keywordseo="Jagannath-Raju">Jagannath Raju</keyword> in 1995. 
 
This is the seventh venture that Nilekani has backed. He has earlier invested in early-stage start-ups which he believes to be building highly impactful disruptive ideas. 
 In the past one year, Nilekani has backed Team Indus, Fortigo, Mubble, Juggernaut, Lets-Venture and <keyword id="1501494" type="UNKNOWN" weightage="100" keywordseo="Power2sme">Power2SME</keyword>, while co-investing in a number of these ventures with Accel, including Fortigo and Power2SME. 
 Even though Systemantics likes to keep a low profile, it has quietly worked on custom robotics projects with the Government, as well as with tech giants like <keyword id="6359357" type="COMPANY" weightage="100" keywordseo="Titan">Titan</keyword> and Hindustan Aeronautics (<keyword id="68124" type="COMPANY" weightage="100" keywordseo="HAL">HAL</keyword>). 
 
"Systemantics is Make In India truly at work - with India's cost structure advantages and innovative design efficiency at full strength. This core belief drove our decision to back them. Their seasoned management team's executional ability, coupled with deep-tech IP, could eventually challenge global incumbents," Sanjay Nath, managing partner at Blume Ventures, told ET. 
 
<a href="http://4.bp.blogspot.com/-GqZVMuglEzo/TsuDQiMhpGI/AAAAAAAAAR8/WEFieIp16N8/s1600/Nandan+Nilekani.jpg">Image source</a>

Nandan Nilekani funds robotics firm Systemantics

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Nandan Nilekani funds robotics firm Systemantics

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