Miko, a company that makes emotive robots that can engage and educate children is raising a Rs 53.42 crore ($7.5 million) Series A round led by Chiratae Ventures, YourNest Venture Capital, investor Bruno Raschle and a group of angel investors. The company will use the fresh round of funding for market expansion in North America, UK and the Middle East. Funds will also be used for new product development and R&D in the areas of emotional and artificial intelligence.