India’s Peppermint Robotics Raises $10.5M to Expand Manufacturing

PUNE, India -- Peppermint Robotics has raised one billion rupees ($10.5 million) as pre-Series B funding to scale up its autonomous cleaning and material handling robot production as well as its operations in international markets.

The company revealed Nov. 4 pi Ventures and Crane Venture Partners to be its lead investors, with Asiana Fund also joining in. This deal consists of both primary and secondary transactions, although the company has not reported how much was invested in each.

Peppermint will invest the new funds into scaling up production in India, developing new robots, hiring engineers and setting up an assembly line in North America.

The company's plant in Pune can manufacture up to 1,500 robots per year now, Runal Dahiwade, the founder and CEO of Peppermint told Press Trust of India. This number is expected to double to 3,000 robots per year until the end of the fiscal year 2028.

Peppermint designs robots that clean floors and move goods around in commercial and industrial facilities. Cameras and lidar sensors map out the environment for its robots, allowing them to navigate and move through buildings without continuous human intervention.

The manufacurer claims that its robots work in nine countries across the world, which include factories, warehouses, airports, and hotelsm with the United States being is the largest market.

Revenue at Peppermint grew five times between fiscal year 2024 and 2026. The company had raised 340 million rupees in Series A funding in April 2025. It has not shared any details about its annual production and valuation after the latest funding round.