Indian couple’s roti maker gets $11.5 mn investment

An Indian-origin couple in Singapore has received a whopping $ 11.5 million as <g data-gr-id="16">second</g> round of investment for their innovative one-minute robotic chapati making machine, allowing them to expand the operations in international markets. Pranoti Nagarkar, a mechanical engineer from the National University of Singapore, came up with a prototype for an automatic roti maker which won her the “Start-Up Singapore” competition in 2009. Nagarkar and her husband Rishi Israni, who came on board as a co-founder a couple of years later, floated a product design company named <g data-gr-id="14">Zimplistic</g> to promote the roti maker brand called Rotimatic. 

The duo co-founded start-up <g data-gr-id="11">Zimplistic</g> for the invention, a 17-kg breadmaker type device which combines 10 motors, 15 sensors and 300 parts to produce chapati. Rishi, a serial entrepreneur and formerly the founder of a Singapore-based mobile security company, made the smart device and helped raise $ 3 million from private investors.