Industrial robotics startup Peppermint raises Rs.34-Cr from JDSS, Enrsion India Capital, others
Pune-based industrial robotics startup Peppermint Robotics has raised INR 34 crore (USD 4 million) in a Series A round from JDSS, Enrsion India Capital, IAN, Vinners and angel investors.The fresh funds will be used by the company for expansion into Europe, Japan, and Asia-Pacific regions by 2026. The funds will also be used for technology updation and for strengthening product offerings and to scale up infrastructure.Founded in 2019 by Runal Dahiwade, Peppermint offers commercial cleaning operations and industrial material handling solutions. The company currently operates in India, USA, Europe and the Middle East.
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