How Miko is Redefining Smart Parenting | Sneh Vaswani at Stride Forward
Miko is transforming the future of learning and play. At Stride Forward: Navigating the Next, we had the pleasure of hosting Snehย ...
Cofounder, Miko
Search every verified Sneh Vaswani interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. Sneh Vaswani, co-founder and CEO of Miko, has described the company as a deep-tech consumer robotics firm built out of India that focuses on the social and emotional well-being of children. He has stated that Miko's core technology, including its own large language model, was developed in-house over a decade. Vaswani has said the company has shipped roughly half a million devices to over 140 countries and has partnerships with retailers including Walmart, Kohl's, and Costco. He has noted that Miko is approaching profitability and targeting an IPO in about 24 months, while growing at a compound annual growth rate of 60โ70%. Vaswani has spoken about the challenges of building a hardware startup, recounting that he pitched to approximately 500 investors before receiving funding, and that the company spent 2.5 years with zero revenue while running 23 product pilots. He has attributed Miko's capital efficiency to building in-house tools that reduced customer acquisition costs by 80% year-on-year. Vaswani has also highlighted the company's privacy stance, stating that the majority of data is processed on the device and that Miko does not market to children or use their data for commerce. He has expressed a goal of entering 100 million homes and building a billion-dollar robotics and AI company from India.
“Stride Ventures has been one of our earliest lending partners at Miko and we are absolutely glad and grateful for their support all these years through the growth of Miko.”
“They've taken aggressive bets with Miko at times when we needed capital through co and other scenarios and so on and through those days how we come out of it and they've been extremely supportive through the growth cycle.”
“A heartiest congratulations to everyone at Stride for achieving this amazing milestone; we wish you all the very best and look forward to the next decade of growth for Stride.”
“The whole objective at that point was the whole startup revolution had started in India and we wanted to build deep technology for the world from India under the vision that our honorable prime minister Narendra Modi had said that this is what India for the world should be the focus.”
“We built our own LLM, we've trained it over the past 10 years made it significantly better than any of the contemporaries of the big names available in the market right now when it comes to children interaction and quality engagement.”
“We've forged strong partnerships with Walmart, Kohl's, Costco and some of the top retailers in the world where now we are deepening our journey of the brand and these markets and growing at a CAGR of 60-70%.”
“Rather than everyone adopting the same journey of raising capital and spending heavily on marketing, we built tools that helped us reduce our customer acquisition cost by 80% year on year across our leading e-commerce channel.”
“India is a very neutral country and does not take sides in any of the context so it's very well positioned and there will be no hurdles in the journey of growth of India as a manufacturing hub for Miko.”
“There is enormous scope of leveraging automation and AI in manufacturing, not just replacing humans but improving productivity assessment of factory workers at an emotional level while assembling products.”
“We will bundle our AI marketing and manufacturing tools into products and services for other companies to benefit from, applicable to startups and established players alike.”
“Most Indian investors feared deep technology because of the long gestation period, but those who have been operating business leaders themselves have continued to back us strongly.”
“The biggest change in me has been a deep sense of responsibility to build something meaningful that positively shapes the lives of the next generation, not just something successful.”
“There is a huge cultural difference between Indian and US consumers, but the common thread is that each parent wants to take the extra step forward for the best interest of their children.”
“We are a bunch of folks from IIT Bombay who are extremely passionate about leveraging robotics and AI for societal good.”
“Today's children, the social emotional well-being of children has been declining for the past few decades.”
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India is positioning itself as a leader in AI and robotics, and in this interview with SN Asani, co-founder of Miko Robotics, we explore how AI is going to lead the countryโs future. From foundational AI research to the integration of robotics in various sectors, Asani discusses how India is setting the stage to be a global leader in technology. The conversation also highlights how AI is not just a tool but a transformative force shaping industries, education, and society at large. #IndiaAI #MikoRobotics #AILeadership #FutureOfAI #IndiaTech #AIRevolution #RoboticsInIndia #ArtificialIntelligenโฆ
At Ideas Of India Summit 2025 Ishpreet Singh Gandhi, Founder, Stride Ventures & StrideOne, highlighted the hard work and challenges behind achieving Unicorn status. During this session founder of robotics company Miko, Sneh Vaswani, shared how he was ridiculed for his innovative AI-power robotics proposition. He told that I pitched to 500 investors and was rejected. People would tell him to Sell his robot first then come for funding. He also said that he finally received funding from people with entrepreneurial backgrounds. Watch this fantastic journey with Anchor Radhika Bajaj. #abplive #abpโฆ
In this episode, we are meeting Sneh Vaswani, the Co-Founder and CEO of Miko Robotics, the company behind the playful conversational learning Robot for kids you may have seen at almost all Hamleys stores. Miko has raised more than 60Mn and is one of the first consumer hardware startups from the last decade to have scaled massively in global markets, having shipped half a million devices by mid-2024. We go deep into the story of how Sneh and his Roboticist teammates from IIT Bombay decided to build in the Kids learning space. Discuss how they built a conversational AI product before we saw Alโฆ
Miko Mini is the latest interactive, learning robot for kids from Miko. It is designed for fun and social interaction. How? Co-founder and CEO Sneh Vaswani chats with Techstination's Fred Fishkin about that and how the company handles privacy and safety.
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A learning AI robot that can play hide & seek? Miko 3 is a learning companion that can grow says CEO Sneh Vaswani. He chats with Techstination's Fred Fishkin.
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