Peppermint Robotics Raises ₹100 Crore in Pre-Series B to Expand Global Robotics Operations

Peppermint Robotics Raises ₹100 Crore to Expand Its Global Robotics Business

Cleaning hospital floors, maintaining factory spaces and transporting materials across large facilities involve repetitive tasks that require time, manpower and consistent supervision. Pune- and Austin-based robotics startup Peppermint Robotics is developing autonomous systems to automate these operations.

The company has raised ₹100 crore (approximately $10.5 million) in a Pre-Series B funding round led by pi Ventures and Crane Venture Partners, with participation from Asiana Fund. The transaction comprises a combination of primary capital and secondary share transactions, although the split has not been disclosed.

Founded in 2019 at the Society for Innovation and Entrepreneurship (SINE), IIT Bombay, by Runal Dahiwade, Nityanand Prabhutendolkar and Miraj C. Vora, Peppermint develops autonomous robots for commercial floor cleaning and specialised material transportation.

The fresh primary capital will support research and engineering, manufacturing expansion, product development and international growth. The company also plans to establish an assembly line in North America, complementing its existing manufacturing operations in Pune.

Inside the Technology Powering Peppermint's Robotics Expansion

Peppermint's product portfolio extends beyond conventional floor-cleaning machines. It includes autonomous scrubber-dryers, vacuuming and mopping robots, material-handling systems and automated docking stations.

These machines are designed for environments such as factories, hospitals, airports, shopping centres, warehouses, hotels and universities. The company also develops specialised cleanroom robots for pharmaceutical facilities, where strict contamination controls make routine cleaning more demanding.

Its robots run on proprietary Peppermint OS and use computer vision and LiDAR to understand their surroundings, map spaces, plan routes and avoid obstacles. A cloud-based dashboard allows operators to monitor robot activity in real time.

An important milestone is the company's cleanroom scrubber-dryer, which has passed qualification testing in an EU GMP Grade cleanroom at a global pharmaceutical company, according to Inc42's reporting. This demonstrates progress into environments with more specialised operational requirements.

Funding and International Expansion

The ₹100 crore round follows a period of reported business growth. Peppermint says its revenue doubled in the previous year and increased nearly sixfold between FY24 and FY26. Its robots are now deployed across nine countries, with the United States emerging as its largest market.

According to Founder and CEO Runal Dahiwade, the company's existing manufacturing capacity in Pune is approximately 1,500 robots annually. He told PTI that Peppermint aims to increase this capacity to 3,000 robots by the end of FY28 through further investment in manufacturing infrastructure and production processes.

The new funding will also support engineering expansion in Pune, product development and stronger after-sales operations. In North America, the planned assembly line is intended to bring production, customer support and servicing closer to its growing overseas customer base.

The Business Model Behind Industrial Robotics

Peppermint primarily works with facility management companies that oversee cleaning operations across commercial and industrial facilities.

Its business extends beyond selling robots. Spare parts, annual maintenance contracts, and software and hardware upgrades provide additional revenue opportunities as machines remain in operation.

This matters because deploying robots across multiple facilities requires more than reliable hardware. Customers also need installation, maintenance, servicing and operational support throughout a machine's working life.

Expanding into multiple countries therefore brings an additional challenge: building a service network that can support robots consistently across different markets.

What Comes Next for Peppermint Robotics?

Peppermint plans to expand its autonomous cleaning and material-handling portfolio while advancing its next-generation cleanroom robotics line.

Over the coming months, the company intends to strengthen its research capabilities, introduce new robot models and upgrades, and establish its North American assembly operations. It is also looking to expand business development across the US and Asia while growing its presence in Europe.

The opportunity is significant, but execution will matter. Manufacturing more robots is only one part of the equation. Peppermint will also need to maintain product reliability, manage servicing across markets and convert international demand into repeat deployments.

The Bottom Line

Peppermint Robotics is moving beyond autonomous floor cleaning towards a broader industrial robotics business built around cleaning, material handling and specialised cleanroom applications.

Its ₹100 crore Pre-Series B funding provides capital to expand manufacturing, strengthen engineering and build a stronger international presence.

The next test will be whether the company can turn its growing deployment base into a scalable global operation, supported by reliable products and after-sales service.

For Indian deep-tech, this is another example of home-grown engineering moving into practical industrial applications and competing for customers beyond domestic markets.