The funds will be used to boost the growth of the company and strengthen its position in the market.
“India's automotive industry is one of the many sectors taking advantage of robotic automation. It is expected to experience a CAGR of 12.7 percent, reaching $51 billion by 2026. This will contribute 12 percent to our country's GDP. Is also ready to contribute," Ajay said. Gopalaswamy, founder and CEO of DiFACTO, said in a statement.
“With our established market dominance and track record, we see a strong growth trajectory here,” he said.
With three factories in Bengaluru and branches in Pune and Gurugram, DiFACT operates globally, including a wholly owned subsidiary in Troy, Michigan, US.
Currently, the company operates in four major segments
, Foundry and Machine Tending Systems, and Flue Dispensing Systems.
“DiFACTO’s innovative approach and unwavering commitment to excellence aligns perfectly with Stakebot Capital’s vision of driving growth and transformation in the robotic automation sector,” said Chandrasekhar Kandasamy, Managing Partner of Stakebot Capital.
DiFACTO has delivered over 1,000 projects for 1,000 clients in 300 countries.
Srinivas Bartam, managing director of Stakeboat Capital, believes that initiatives like Make in India and the increasing focus on manufactured exports will reduce the shortage of skilled manpower in the sector.
“India's automotive industry is one of the many sectors taking advantage of robotic automation. It is expected to experience a CAGR of 12.7 percent, reaching $51 billion by 2026. This will contribute 12 percent to our country's GDP. Is also ready to contribute," Ajay said. Gopalaswamy, founder and CEO of DiFACTO, said in a statement.
“With our established market dominance and track record, we see a strong growth trajectory here,” he said.
With three factories in Bengaluru and branches in Pune and Gurugram, DiFACT operates globally, including a wholly owned subsidiary in Troy, Michigan, US.
Currently, the company operates in four major segments
, Foundry and Machine Tending Systems, and Flue Dispensing Systems.
“DiFACTO’s innovative approach and unwavering commitment to excellence aligns perfectly with Stakebot Capital’s vision of driving growth and transformation in the robotic automation sector,” said Chandrasekhar Kandasamy, Managing Partner of Stakebot Capital.
DiFACTO has delivered over 1,000 projects for 1,000 clients in 300 countries.
Srinivas Bartam, managing director of Stakeboat Capital, believes that initiatives like Make in India and the increasing focus on manufactured exports will reduce the shortage of skilled manpower in the sector.
