Peppermint Robotics Raises ₹100 Crore to Expand Global Operations

Pune-based Peppermint Robotics is looking to scale its presence in this market. The company has announced a ₹100 crore (approximately $10.5 million) Pre-Series B funding round led by pi Ventures and Crane Venture Partners, with participation from Asiana Fund.

The investment includes a combination of primary capital and secondary share transactions, although the company has not disclosed the amount allocated to each component.

The funding comes as Peppermint expands its international footprint. Its autonomous cleaning robots are now deployed across nine countries, with the United States emerging as its largest market.

The company has also reported nearly sixfold revenue growth between FY24 and FY26, including a doubling of revenue in the last financial year.

From Pune to Global Markets

Founded in 2019 out of the Society for Innovation and Entrepreneurship (SINE) at IIT Bombay, Peppermint Robotics develops autonomous robots for commercial cleaning and specialized material transportation.

The company operates from Pune and Austin, with customers across Asia, North America and Europe.

Its robots are deployed in factories, hospitals, airports, shopping malls, warehouses, hotels and universities, where cleaning and maintenance operations often require repetitive work over long shifts.

Peppermint primarily works with facility management companies responsible for managing cleaning processes, equipment and operational requirements across commercial and industrial sites.

Rather than requiring customers to redesign their operations around automation, the company has focused on developing robots that can operate within existing cleaning workflows.

This approach is particularly relevant for large facilities where automation must work alongside cleaning personnel without disrupting daily operations.

Peppermint's international expansion has also coincided with an increase in revenue. The company reported nearly sixfold growth between FY24 and FY26, although it has not disclosed its revenue figures for either financial year.

The latest funding follows its ₹34 crore Series A round in April 2025.

Building Robots for Demanding Environments

One area where Peppermint is expanding its capabilities is pharmaceutical cleanrooms, where cleaning processes must meet strict contamination-control requirements.

According to the company, its cleanroom robots have passed qualification testing in an EU GMP Grade cleanroom at a global pharmaceutical company.

This represents a more specialized application than conventional commercial floor cleaning.

Unlike offices or shopping malls, pharmaceutical cleanrooms operate under controlled conditions, where equipment, materials and cleaning processes must follow defined procedures.

For robotics providers, entering these environments requires attention to equipment design, operational consistency and compatibility with established cleaning protocols.

Peppermint's qualification milestone indicates progress in adapting its robotics technology for such applications. However, the company has not disclosed the specific cleanroom grade, testing scope or details of commercial deployment.

It is now working on its next-generation CR cleanroom robotics line as part of its wider product development plans.

Technology Built In-House

Peppermint develops its hardware, software and perception systems internally, with robot assembly currently taking place in Pune.

Its robots run on Peppermint OS, the company's proprietary operating system, and use computer vision and Light Detection and Ranging (LiDAR) technology to understand their surroundings.

These systems allow robots to map environments, plan cleaning routes and navigate around obstacles without continuous manual control.

A cloud-based dashboard enables customers to monitor robotic operations in real time.

For organizations with stricter information security requirements, Peppermint also offers offline robots that can operate without cloud connectivity.

This is particularly relevant in environments where operational data, network access and connected equipment are subject to tighter security restrictions.

The company has also designed its robots for extended operating lifecycles, supported by service engineers responsible for maintaining deployed machines.

For facility management companies, the commercial value of robotics depends not only on replacing repetitive manual tasks but also on equipment uptime, maintenance costs and reliable performance over several years.

These considerations become more important as robots move from limited deployments into routine operations across multiple facilities.

US Assembly Line on the Roadmap

Peppermint plans to use the primary capital raised to expand its manufacturing and engineering capabilities while strengthening its international operations.

A key priority is establishing an assembly line in North America over the coming months.

The facility will complement its existing Pune operations and is intended to support more localized production, customer service and technical support.

The move comes as the US has become Peppermint's largest market.

Building assembly capabilities closer to customers could help the company improve service responsiveness and manage its international operations more efficiently, although it has not disclosed the proposed investment, production capacity or exact location of the facility.

Beyond manufacturing, the company plans to strengthen its research and engineering teams to develop its next generation of autonomous floor-cleaning and material-handling robots.

It will also invest in production infrastructure, tooling and capacity while expanding business development across the US and Asia and increasing its presence in Europe.

Hiring senior leadership and engineering talent forms another part of its expansion strategy.

Moving Beyond Repetitive Cleaning Tasks

For Peppermint, the next stage of growth involves expanding the types of work its robots can perform while maintaining reliability across different operating environments.

Runal Dahiwade, Founder and CEO, Peppermint Robotics, said the company is focused on addressing repetitive and physically demanding work alongside existing cleaning teams.

“Cleaning teams keep hospitals, factories and airports running. Our robots work alongside them and take on the most repetitive, physically demanding jobs, like floor scrubbing and material transportation. Our customers judge us on one thing: a clean floor, every shift. So we build our robots heavy-duty, to last multiple years, and we stay with every machine for its whole lifecycle. This round lets us build more of them, closer to our customers worldwide.”

The emphasis on long-term performance reflects an important consideration in industrial robotics.

Customers need machines that can operate consistently across shifts and remain economical over their working lives. A robot that performs well in a demonstration may still face challenges when deployed in a busy hospital, factory or warehouse.

For Peppermint, expanding into material handling and specialized cleanroom applications could widen its addressable market, but it will also require the company to demonstrate reliability across different operating conditions.

Investors Back Industrial Robotics Expansion

The funding round brings together investors focused on technology and industrial applications.

Shubham Sandeep, Partner, pi Ventures, said Peppermint's development of industrial cleaning and intralogistics robots, along with its international expansion, contributed to the firm's investment decision.

“Peppermint has built a unified platform of industrial-grade cleaning and intralogistics robots, with its strong growth and global expansion reflecting market confidence in its in-house technology and manufacturing capabilities. Peppermint robots have demonstrated reliable performance at scale with clear ROI in demanding environments such as healthcare and hospitality. We are proud to partner with Runal and the team as they build a global robotics company from India.”

The investment also reflects interest in Indian companies developing hardware and software products for international industrial markets.

Unlike software-only businesses, robotics companies must manage product engineering, component sourcing, manufacturing, deployment and after-sales support.

Scaling internationally adds further complexity, particularly when customers operate in different regulatory and industrial environments.

Peppermint's plan to add North American assembly capabilities suggests that manufacturing and local service infrastructure will play an increasingly important role in its expansion.

Scaling Robotics Beyond Early Adoption

Peppermint's latest funding and international growth point to the increasing commercial relevance of autonomous robotics in facility operations.

The company has moved beyond a single-market presence, with deployments across nine countries and growing demand for its robots in industrial and commercial settings.

However, scaling a robotics business presents challenges that differ from those faced by software companies.

Manufacturing capacity, service availability, equipment reliability and the cost of supporting machines throughout their working lives will influence how effectively Peppermint can expand.

The company has reported substantial revenue growth but has not disclosed absolute revenue, profitability, customer numbers or its installed robot base. These figures would provide a clearer picture of its commercial scale.

The next phase will therefore depend on how successfully Peppermint converts its international footprint and new funding into larger deployments and sustained customer demand.

For India's robotics industry, the broader development is significant. Companies building industrial automation products domestically are increasingly targeting customers beyond India.

Peppermint's expansion shows the opportunity, but its long-term success will depend on whether India-developed robotics can deliver the reliability, service support and operating economics required to compete in global industrial markets.