Peppermint Robotics raises ₹100 Cr to scale industrial robotics operations
Peppermint Robotics bags ₹100 cr to scale its industrial robotics bet
Founded in 2019 and incubated at SINE, IIT Bombay, Peppermint Robotics has raised ₹100 Cr (approximately $10.5 Mn) in a Pre-Series B funding round led by pi Ventures and Crane Venture Partners to expand its manufacturing capabilities and develop new autonomous robots for industrial and commercial facilities. The Pune-based startup, which previously raised ₹34 Cr in April 2025, utilizes proprietary Peppermint OS and LiDAR for navigation, offering scrubber-dryers, vacuuming robots, and material-handling models. While the company claims a 65% market share in India's floor-cleaning robotics sector and has passed EU GMP Grade C cleanroom testing for its scrubber-dryer, it acknowledges remaining loss-making due to R&D and international expansion costs, with plans to set up an assembly line in North America by 2028.
Source: Robotics — Web news discovery · Read original article ↗
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Publisher-reported claims, with original evidence. These results have not been independently verified by RoboSignal.
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raised capital
100
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ss commercial and industrial facilities. Now, it has raised ₹100 Cr (about $10.5 Mn) in a Pre-Series B round to expand manufacturing, develop new robots, and strengthen its US and European businesses. Led by pi Ventures and Crane Venture Partners, with participation from Asiana Fund, the round comprised primary capital and secondary share transactions. Founder Runal Dahiwade told Inc42 that the bulk of the investment
Open source S3raised capital
34
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was primary capital. The startup previously raised ₹34 Cr in a Series A roundin April 2025. Moving Beyond Floor Cleaning Featured inInc42’s June 2020 edition of ‘30 Startups To Watch’, Peppermint began with a floor-cleaning and sanitising robot. Its portfolio now spans scrubber-dryers, vacuuming and mopping robots, three material-handling models, and automated docking stations. The startup says its cleanroom scrubbe
Open source S4revenue FY23
2.71
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and hardware upgrades from the second year. An average robot costs around ₹20 Lakh in India. US prices range from $35,000 to $40,000, depending on installation and other costs, Dahiwade said. Its operating revenue rose from ₹2.71 Cr in FY23 to ₹6.26 Cr in FY24 and ₹21 Cr in FY25. The founder said revenue doubled last year and grew nearly sixfold between FY24 and FY26. The US contributes nearly half its revenue, India
Open source S7revenue FY24
6.26
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and hardware upgrades from the second year. An average robot costs around ₹20 Lakh in India. US prices range from $35,000 to $40,000, depending on installation and other costs, Dahiwade said. Its operating revenue rose from ₹2.71 Cr in FY23 to ₹6.26 Cr in FY24 and ₹21 Cr in FY25. The founder said revenue doubled last year and grew nearly sixfold between FY24 and FY26. The US contributes nearly half its revenue, India
Open source S7revenue FY25
21
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and hardware upgrades from the second year. An average robot costs around ₹20 Lakh in India. US prices range from $35,000 to $40,000, depending on installation and other costs, Dahiwade said. Its operating revenue rose from ₹2.71 Cr in FY23 to ₹6.26 Cr in FY24 and ₹21 Cr in FY25. The founder said revenue doubled last year and grew nearly sixfold between FY24 and FY26. The US contributes nearly half its revenue, India
Open source S7robot cost India
20
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and hardware upgrades from the second year. An average robot costs around ₹20 Lakh in India. US prices range from $35,000 to $40,000, depending on installation and other costs, Dahiwade said. Its operating revenue rose from ₹2.71 Cr in FY23 to ₹6.26 Cr in FY24 and ₹21 Cr in FY25. The founder said revenue doubled last year and grew nearly sixfold between FY24 and FY26. The US contributes nearly half its revenue, India
Open source S7robot cost US
35,000
View original evidence
and hardware upgrades from the second year. An average robot costs around ₹20 Lakh in India. US prices range from $35,000 to $40,000, depending on installation and other costs, Dahiwade said. Its operating revenue rose from ₹2.71 Cr in FY23 to ₹6.26 Cr in FY24 and ₹21 Cr in FY25. The founder said revenue doubled last year and grew nearly sixfold between FY24 and FY26. The US contributes nearly half its revenue, India
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Keeping hospital corridors clean or moving goods across factory floors involves repetitive, physically demanding work. For facility management companies, finding people to carry out these tasks is becoming harder. This workforce gap is the opportunity behind Peppermint Robotics. Founded in 2019 and incubated at SINE, IIT Bombay, the Pune-based startup builds autonomous robots that scrub floors and move materials acro
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ss commercial and industrial facilities. Now, it has raised ₹100 Cr (about $10.5 Mn) in a Pre-Series B round to expand manufacturing, develop new robots, and strengthen its US and European businesses. Led by pi Ventures and Crane Venture Partners, with participation from Asiana Fund, the round comprised primary capital and secondary share transactions. Founder Runal Dahiwade told Inc42 that the bulk of the investment
Open source S3
was primary capital. The startup previously raised ₹34 Cr in a Series A roundin April 2025. Moving Beyond Floor Cleaning Featured inInc42’s June 2020 edition of ‘30 Startups To Watch’, Peppermint began with a floor-cleaning and sanitising robot. Its portfolio now spans scrubber-dryers, vacuuming and mopping robots, three material-handling models, and automated docking stations. The startup says its cleanroom scrubbe
Open source S4
and hardware upgrades from the second year. An average robot costs around ₹20 Lakh in India. US prices range from $35,000 to $40,000, depending on installation and other costs, Dahiwade said. Its operating revenue rose from ₹2.71 Cr in FY23 to ₹6.26 Cr in FY24 and ₹21 Cr in FY25. The founder said revenue doubled last year and grew nearly sixfold between FY24 and FY26. The US contributes nearly half its revenue, India
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close to 30%, and other markets the remainder. Peppermint is planning to set up an assembly line in North America, adding to its Pune manufacturing and R&D base. It competes with China’s Gausium and Singapore’s LionsBot. Dahiwade claimed Peppermint commands over 65% of India’s floor-cleaning robotics market. Inc42 Take: Can Peppermint Scale Without Stretching Its Service Network? Selling through facility management
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Source：Robotics — Web news discovery · msn.com