Robotics provider DiFACTO raises Rs 40 crore from Stakeboat Capital

Robotics and automation solutions provider DiFACTO has raised Rs 40 crore from private equity firm Stakeboat Capital in its Series A round.
DiFACTO roboticsDiFACTO will use the funds used to fuel the company’s growth and strengthen its market position. DiFACTO has delivered more than 1,000 projects for 300 customers across 15 countries.

DiFACTO has three factories in Bengaluru and branches in Pune and Gurugram. DiFACTO operates globally, including a wholly-owned subsidiary in Troy, Michigan, US.

Presently, the company operates across four key segments — welding systems, material handling systems, foundry and machine tending systems, and fluid dispensing systems.

“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,” said Chandrasekar Kandasamy, Managing Partner of Stakeboat Capital.

Srinivas Baratam, Managing Director, Stakeboat Capital, believes that initiatives such as Make in India and increased focus on manufactured exports will lead to a shortage of skilled manpower available to the sector.

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