GreyOrange's Samay Kohli recognized as an Honoree of MIT Technology Review's 2016 Innovators under 35 List


New Delhi, August 24, 2016 : MIT Technology Review revealed its annual global list of Innovators under 35 (Latest Hyperlink) today. The coveted list features GreyOrange's Co-Founder and CEO, Samay Kohli as an entrepreneur for his outstanding contribution in the field of Computer and Electronics Hardware. For over a decade and a half, MIT Technology Review, a globally renowned and referred technology publication has been recognizing exceptionally talented technologists whose work has the potential to transform the world. GreyOrange is a robotics firm that designs, manufactures and deploys advanced robotics systems for automation at warehouses, distribution and fulfilment centres across the world. These robotic solutions help businesses transform their supply chains with highly productive, efficient, and automated warehouses.

GreyOrange's flagship products include - the GreyOrange Butler, an artificial intelligence powered goods-to-person robotic system that automates inventory management in a warehouse And the GreyOrange Sorter that automates profiling and sortation of outgoing packages in a warehouse. These solutions dramatically enhance the efficiency and accuracy of warehouse operations, helping companies significantly improve brand experience for their customers..

Samay Kohli has been involved with robotics for over a decade now, winning several robotic competitions around the world, and even conducting robotic workshops globally - including institutions like Stanford University, Louisiana University, MIT, IITs, IIIT, NITs and many more. Samay Kohli and Akash Gupta, Co-Founder and Chief Technology Officer, founded GreyOrange in 2011. The company today boasts of a 500+ strong workforce, and a phenomenal growth rate of 300% Year-On-Year. Company's 33% workforce and revenues are dedicated towards R&D, making it one of leading robotic automation players globally. Headquartered in Singapore, currently, GreyOrange has operations in India, Hong Kong and Japan. It has recently expanded business to the Middle East and China markets.

On this occasion, Samay Kohli, Co-Founder and CEO, GreyOrange Pte. Ltd. said, "GreyOrange is driven by the potential of robotics automation and the continuous zeal for innovation. I am delighted to be a part of the coveted MIT Technology Review list as it acknowledges the role that GreyOrange has played in transforming the supply chains across industries through its robotic solutions. We are actually living our mission of solving real business problems using technology".

Commenting on this, Jason Pontin, Editor-in-Chief & Publisher, MIT Review said, "Over the years, we've had success in choosing young innovators whose work has been profoundly influential on the direction of human affairs. Previous winners include Larry Page and Sergey Brin; Mark Zuckerberg, Jonathan Ive, We're proud of our selections and the variety of achievements they celebrate, and we're proud to add GreyOrange to this prestigious list."

The entry of GreyOrange into the Asia Pacific market is a milestone for the company as it continues to expand internationally. Founded in Gurgaon, India in 2011, the robotics startup now has presence in 9 states in India and is used by the majority of India's e-commerce players. In 2015, it began its international expansion plans by establishing its Asia Pacific headquarters in Singapore, and with presence in Hong Kong and Tokyo.

About GreyOrange:

GreyOrange is a multinational robotics firm that designs, manufactures and deploys advanced robotics systems for automation at warehouses, distribution and fulfilment centres. With deep domain expertise, world class hardware and software engineering and the passion to solve real life business problems, the company is disrupting the way logistics and supply chain processes across the world are being optimized. GreyOrange is headquartered in Singapore with offices in India, Hong Kong and Japan, providing 24x7 customer support globally. Founded in 2011, GreyOrange has grown rapidly to over 500+ employees today with over 33% of them working in the state-of-the-art Research and Development centre in Gurgaon, India. To know more, visit GreyOrange.com.

About MIT Technology Review:

Founded at MIT in 1899, MIT Technology Review is an independent media company whose mission is to equip audiences with the intelligence to understand and contribute to a world shaped by technology. Readers are a global audience of business and thought leaders, innovators and early adopters, entrepreneurs and investors. MIT Technology Review is first to report on a broad range of new technologies, informing our audiences about how important breakthroughs will impact their careers and lives. This year's honorees will be featured online at www.technologyreview.com starting today, and in the September/October print magazine, which hits newsstands worldwide on August 29. They will appear in person at the upcoming EmTech MIT conference October 18-20 in Cambridge, Massachusetts (www.EmTechMIT.com).

About GROUND Inc.:

GROUND Inc. is an e-commerce logistics technology provider which is pushing for the adoption of disruptive technologies in the logistics industry. Specifically, it aims to pioneer the adoption of "Intelligent Logistics", which incorporates IT, robotics and cloud technologies into a single high-tech solution for supply chain optimisation. GROUND Inc. is founded by Hiratomo Miyata, formerly the executive officer of logistics business at Rakuten Inc. as well as CEO of Rakuten Logistics Inc., which was founded in 2010 to provide fulfillment services for the merchants who joined "Rakuten Ichiba", the biggest e-marketplace in Japan. Together with his management team, Miyata envisions GROUND Inc to be an ally of any customer wishing to make the leap into next generation logistics.

For more information, please contact the following persons:

Ashish Kumar
Mob: 8860548346 
Email : Ashish.Kumar@Text100.co.in

Priyanka Manglani 
Mob: 9911661799 
Email : Priyanka.Manglani@Text100.co.in

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