Bengaluru-headquartered DiFACTO Robotics and Automation has raised Rs 40 crore (approximately $4.8 million) in its first financing round, backed by private equity firm Stakeboat Capital. This marks a significant milestone for the company as it embarks on a new phase of growth and expansion.
Founded in 2007 by Ajay Gopalswamy, DiFACTO Robotics and Automation offers comprehensive industrial automation solutions to a diverse range of manufacturing industries.
The company specializes in four key segments: welding systems, material handling systems, foundry and machine tending systems, and fluid dispensing systems. Among its prestigious clientele are major industry players such as Mahindra Group, Tata Group, Maruti Suzuki, and Toyota India.
The funds raised will be utilized to expand DiFACTO’s presence in sectors like automotive, home appliances, and electronics, aligning with the increasing investment and volume in manufacturing. “We aim to leverage this investment to broaden our reach across various sectors, as the demand for automation continues to surge,” said Ajay Gopalswamy, founder and CEO of DiFACTO.
DiFACTO’s comprehensive service offerings include on-site support for a wide array of industrial robots from renowned brands such as ABB, Adept, FANUC, Kawasaki, Kuka, Motoman (Yaskawa), Nachi, OTC, and Panasonic. The company caters to a wide range of industries, including automotive, transportation, energy, consumer goods, food and beverages, health and pharmaceutical, defense and aerospace, and electronics.
With three factories in Bengaluru and branches in Pune and Gurgaon, DiFACTO operates on a global scale, boasting a wholly owned subsidiary in Troy, Michigan, USA.
The company has successfully delivered over 1,000 projects to around 300 customers across 15 countries.
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In the fiscal year 2024, DiFACTO achieved sales of Rs 175 crore, reflecting its robust market presence and the growing demand for its automation solutions.
The infusion of funds from Stakeboat Capital is expected to bolster DiFACTO’s expansion plans, enabling the company to tap into new markets and enhance its service offerings, ultimately driving innovation and efficiency in the manufacturing sector.
