Kerala Robotics Start-up Brought A Robot Dressed In Saree To Accept Loan Document From Bank Branch

For any enterprise, getting the loan sanctioned by a bank in itself is an achievement. So, when a Kerala-based start-up got the green light to receive financial aid, they knew how to much the occasion memorable and unique.

Kerala start-up sends robot to accept loan document from bank

Instead of sending a senior representative from the company, ASIMOV Robotics sent its advanced robot SAYABOT to accept the sanctioned loan documents.

Screengrab/Twitter

The advanced robotics manufacturer wanted to make the most of its technology and what better way than reminding the bank what they have sanctioned the loan for. The company, putting its innovation on full display, made the robot receive the documents on its behalf.

Now, a video that is making rounds on the internet that shows the robot collecting the papers from the officials.

The now-viral video was posted by a Twitter user with the caption, "Federal Bank, Kochi branch sanctioned loan to robots manufacturing company. The company personnel brought a robot to receive the loan sanction letter.

Federal Bank, Kochi branch sanctioned loan to robots manufacturing company. The company personnel brought a robot to receive the loan sanction letter. ? #robots #Banks #loans pic.twitter.com/qunks9PbMV

¡ª Ananth Rupanagudi (@Ananth_IRAS) September 7, 2022

Robot thanks bank officials after accepting loan document

Clad in a traditional saree, the robot told thanked bank officials in Kochi. ¡°It is such a great privilege to receive the financial assistance...on behalf of Asimov Robotics. With this, Federal Bank has proven once again that it will be there always to support indigenous technology development," SAYABOT said.

Not just that, it also wished everyone a ¡°happy Onam.¡±

The video concludes with the robot ending his speech, and a female bank official handing him over the official papers of the financial assistance.

Replying to the Tweet, Jayakrishnan T, the founder and CEO of ASIMOV Robotics, shared a video of SAYABOT singing a traditional boat song of Kerala.

Here she sings the traditional boat song. pic.twitter.com/9UfQXXyYMZ

¡ª Jayakrishnan T (@JK_ASIMOV) September 8, 2022

The Kerala-based start-up, in all probability, derives its name from famous science-fiction writer Issac Asimov. The Russian-born American writer was known for his work to create an ethical system for humans and robots.

Laws of Robotics

His three laws of robotics, which are designed to prevent robots harming humans, are talked about to this day. The laws include: First law: A robot may not injure a human being, or, through inaction, allow a human being to come to harm. Second law: A robot must obey orders given it by human beings, except where such orders would conflict with the First Law. Third Law: A robot must protect its own existence as long as such protection does not conflict with the First or Second Law.

Robotics is witnessing a boom in India and firms in the field have been on a funding spree.

The rapid transformation and advancement in the robotics sector in India comes as a refreshing development in the technological landscape.

As far as the future of robotics in India is concerned, the picture looks bright and replete with potential. Given India has a strong IT base, it can provide the fuel to propel the robotics industry. There's a need to leverage its advantages to be able to be a net exporter of robots in the near future.

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