Difacto is a robotics and automation startup that has raised $4.8 million in its maiden funding round led by private equity firm Stakeboat Capital. The CEO of Difacto, Ajay Gopalswamy, told ET that the startup would use this fund to expand in different sectors, including cars, electronics, and home appliances. Here, we are talking about Robotics and automation startup Difacto secured $4.8 million in a round led by Stakeboat Capital.
We are talking about Robotics and automation startup Difacto secured $4.8 million in a round led by Stakeboat Capital:
Ajay Gopalswamy founded this robotic and automation startup, specializing in providing robotic solutions to the Indian manufacturing sector. The startup operates in four segments: welding systems, material handling, foundry, fluid dispensing, and machine tending systems. Digavto works with known tech titans, including Maruti Suzuki, Mahindra Group, Tata Group, and Toyota India. The startup has served customers in more than 15 countries since 2007 and claims to have delivered more than 1000 projects to 300 customers internationally.
Ajay Gopalswamy told ET that the company had deals of Rs 175 crore in FY24 and is anticipated to grow and reach Rs 225 crore by FY25. Difacto is a Gurgaon-based tech startup that claims to be a leading Robotic solution provider in the Indian manufacturing industry. The startup has offered varied automation solutions to its clients since its formation. With the new funding, Difacto aims to expand into new markets and accelerate the global adoption of its robotics solutions.
The rapidly growing interest of the world in this sector presents numerous opportunities for this startup to enhance the robotics and automation landscape. India’s robotic and automotive industry is predicted to experience a CAGR of 12.7% and reach more than $12 billion by 2026. Recently, Softbank, a Japanese technology company that invests in companies operating in technology offering goods and services to customers, disclosed its plan to invest $150 million per deal in an Indian robotics startup and data center. SoftBank is currently looking at AI cases that present immense opportunities. The investment may involve a greenfield data center project by a large corporation or manufacturing unit.
Conclusion
Robotics and Automation startup Difacto has recently raised $4.8 million in a financing round. The round had the participation of new and existing investors, who had not yet been disclosed by the company. The financing round was led by the private equity firm Stakeboat Capital. This Gurgaon-based startup will use this fund to expand in different sectors including cars, electronics, and home appliances. The startup operates in four segments: welding systems, material handling, foundry, fluid dispensing & machine tending systems.
The startup claims to have increased sales and expects to grow and reach Rs 225 crore by FY25. The robotic and automotive industry is predicted to reach $12 billion by 2026. Recently, SoftBank disclosed its plan to invest $150 million per deal in Indian Robotics startups and data centers. With the new funding, Difacto plans to expand into various sectors and accelerate the global adoption of its robotic solutions. This Gurgaon-based startup will be competing with Zenrobotics and Ecorobotis, among others.
