Peppermint Robotics bags Rs 100 Cr in pre-Series B funding round
The Pune and Austin-based startup, which makes autonomous cleaning robots for commercial and industrial settings, secured Rs 100 crore in fresh capital and secondary share transactions. The company has doubled revenue year-over-year and grown sixfold between FY24 and FY26. Founded at IIT Bombay in 2019, Peppermint deploys robots in factories, hospitals, airports, and universities, primarily serving facility management companies.
Key points
- Rs 100 crore pre-Series B round led by pi Ventures and Crane Venture Partners
- Doubled revenue last year; sixfold growth between FY24 and FY26
- Operates in nine countries; US is largest market
- Robots deployed in pharma cleanrooms and major commercial facilities
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