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Robotics Startup Difacto Secures $4.8 Million in Funding Round Led by Stakeboat Capital

Robotics Startup Difacto Secures $4.8 Million in Funding Round Led by Stakeboat Capital
Robotics Startup Difacto Secures

SUMMARY

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.  

Founded by Ajay Gopalswamy this robotic and automation startup specializes in providing robotic  solutions to the Indian manufacturing sector. The startup operates in four segments including welding  systems, material handling, foundry, fluid dispensing & 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.  

Image source: Linkedin (Difacto official account) 

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 is aiming 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 Indian Robotics startup and  data centers. SoftBank is currently looking at AI cases with large 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 which are not yet 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 including welding systems, material handling, foundry, fluid  dispensing & machine tending systems. The startup claims to have an increase in sales and is expecting  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 giving  competition to Zenrobotics, and Ecorobotis, among others.

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