Robotics firm DiFACTO raises Rs 40 cr in funding from Stakeboat Capital

DiFACTO Robotics and Automation, a Bengaluru-based robot automation solutions provider, said on Wednesday it has raised Rs 40 crore in a Series A funding from Stakeboat Capital.

The company will use the funding for business growth and to strengthen its market position. The startup plans to capitalise on India’s automotive industry’s needs for robotic automation, said Ajay Gopalswamy, chief executive officer of DiFACTO.