The corporation will utilize the capital to grow across sectors such as automobiles, household goods, and electronics. Difacto provides robotics solutions to the Indian manufacturing sector. The company counts Mahindra Group, Tata Group, Maruti Suzuki, and Toyota India among its clients. Difacto, headquartered in Bengaluru, plans to use the capital to expand into areas such as vehicles, household appliances, and electronics as manufacturing investment and volume increase.
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Difacto, a robotics and automation business, has raised INR 40 crore (about $4.8 million) in its first funding round from Stakeboat Capital, a middle-market private equity firm.
Ajay Gopalswamy, founder and CEO of the Bengaluru-based company, told ET that the funds will be utilized to grow into areas such as vehicles, household appliances, and electronics as investment and manufacturing volume increase.
“India’s automobile industry is one of the industries that benefit from robotic automation. “It is expected to grow at a 12.7% annual rate, reaching $512 billion by 2026,” Gopalswamy added. “It is also expected to contribute 12% of the nation’s GDP. With our proven market domination and track record, we anticipate a healthy growth trajectory.”
Difacto, established in 2007, provides robotic solutions to the Indian manufacturing sector. It operates in four major segments: welding systems, material handling systems, foundry and machine tending systems, and fluid dispensing systems.
The company’s clients include Mahindra Group, Tata Group, Maruti Suzuki, and Toyota India. Difacto employs over 200 engineers and has served customers in more than 15 countries over the last 14 years.
Difacto operates globally, with three factories in Bengaluru and subsidiaries in Pune and Gurgaon, as well as a wholly owned subsidiary in Troy, Michigan, the United States.
The company claims to have delivered over 1,000 projects to 300 customers in 15 countries.
In FY24, the company’s sales reached INR 175 crore. This sum is likely to climb to INR 225 crore in FY25, Gopalswamy informed ET.
This comes at a time when Japanese company SoftBank has declared that it is eyeing investing in Indian data centers and industrial robotics startups as it seeks to increase its focus on artificial intelligence infrastructure.
In the warehouse automation sector, Bengaluru-based warehouse robotics startup Accio Robotics raised $1.8 million (about INR 15 crore) in a Pre-Series A fundraising round led by BIG Capital, Unisync Angels, and Daniel Fitzgerald.
