Robotics and automation solutions provider DiFACTO raises Rs 40Cr from Stakeboat Capital

DiFACTO Robotics and Automation, a Bengaluru-based robot automation solutions provider, has raised Rs 40 crore in a Series A funding round led by Stakeboat Capital. 

According to Ajay Gopalswamy, Founder and Chief Executive Officer of DiFACTO, the raised capital will be used to fuel growth and strengthen market position.

Gopalswamy said that the Indian automotive industry is one of the many areas that leverage robotic automation. It is expected to experience a CAGR of 12.7%, reaching $512 billion by 2026, he said. 

What does DiFACTO do?

Founded in 2007 by Ajay Gopalswamy, Yogesh Kumar, and Anil Kumar Satapathy, DiFACTO serves as a pioneer in industrial robotics-based solutions and is recognised among the top 5 robot companies in the industry. 

With three factories in Bengaluru and branches in Pune and Gurgaon, the company operates globally, including a wholly-owned subsidiary in Troy, Michigan, USA.

At present, It operates across four key segments: welding systems, material handling systems, foundry and machine tending systems, and fluid dispensing systems. 

"With our established market dominance and track record, we see a strong growth trajectory here. We are grateful for Stakeboat’s trust in our vision as we pursue growth, fuelled by our strong market position and the trust of our expanding customer base," Gopalswamy added.

Manufacturing sector embracing automation

Chandrasekar Kandasamy, Managing Partner of Stakeboat Capital, said, “We are eagerly looking forward to working with DiFACTO. India’s manufacturing sector is rapidly embracing automation and cutting-edge technologies. DiFACTO’s innovative approach and unwavering commitment to excellence perfectly align with Stakeboat Capital’s vision for driving growth and transformation in the robotic automation space."

DiFACTO market presence

DiFACTO claims to have delivered over 1000 projects for 300 customers across 15 countries.

The company's expertise in meticulous designs and seamless execution has benefitted various industries such as automotive, aerospace, railways, construction machinery, food and pharma, foundries, energy industries, metal industries, electronics, and home appliances.