Peppermint Robotics

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Overview

Peppermint Robotics is a robotics company based in Pune, India, with a focus on developing autonomous robots for commercial cleaning and industrial material handling. Founded in 2019 by Runal Dahiwade, the company quickly gained traction with its innovative products. Peppermint Robotics has raised a total of INR 49 crore (approximately USD 5.6 million) in funding from investors such as JDSS, Enrission India Capital, and Indian Angel Network. The firm's proprietary technologies like Peppermint OS and Skateboard have positioned it as a crucial player in addressing labor shortages and advancing sustainable industrial operations across six countries.

Recent Developments

  • April 16, 2025: Peppermint Robotics secured INR 34 crore in a Series A funding round led by JDSS and other prominent investors, raising total funding to INR 49 crore. This financial injection is set to accelerate the company's expansion into European, Japanese, and Asia-Pacific markets.
  • 2024: Peppermint successfully entered the U.S. market, marking a significant milestone in its international growth strategy. The company's autonomous cleaning robots have been deployed across various sectors, effectively reducing labor dependency and improving operational efficiency.
  • 2024: Peppermint was a participant at Interclean Amsterdam, a major event showcasing their latest innovations like the VC20 Carpet Cleaning Robot, highlighting the firm's emphasis on cutting-edge robotics technology for diverse environments.
  • June 2024: Peppermint Robotics was involved in a significant Memorandum of Understanding (MoU) with GMR Innovex to explore robotic applications for the aviation sector, reinforcing its strategic alignment with industrial automation in high-demand markets.

Company Information

AttributeInformation
Founding Date2019
HeadquartersPune, India
FoundersRunal Dahiwade
RevenueINR 18 crore (approx. USD 2.2 million) annually
Key InvestorsJDSS, Enrission India Capital, Indian Angel Network
IndustryRobotics and Automation
Number of Employees180

Early History

Peppermint Robotics was founded in 2019, emerging from the Society for Innovation and Entrepreneurship (SINE) at IIT Bombay. The company began with a clear vision: to automate repetitive and labor-intensive workflows in commercial and industrial settings. Initially, Peppermint focused on developing floor-cleaning robots, which paved the way for the creation of its proprietary operating system, Peppermint OS. By the end of 2019, Peppermint had established itself as a promising startup with its technology capable of transforming the cleaning sector.

Company Profile and Achievements

Peppermint Robotics specializes in the development of autonomous robots that enhance productivity and sustainability in industries. The company's flagship products, including autonomous floor-cleaning robots, are designed to optimize labor efficiency and operational safety. These robots utilize advanced Peppermint OS and the Skateboard electronics framework for seamless integration into existing industrial operations.

  • Major Milestones:
    1. 2019: Secured pre-seed funding and incubated at IIT Bombay's SINE.
    2. 2020: Launched first-generation robots and began beta testing with notable clients, gaining critical market validation.
    3. 2021: Expanded operations to include material handling solutions, further diversifying its product offerings.

Current Operations and Market Position

Peppermint Robotics currently operates in six countries, providing its products to sectors such as manufacturing, healthcare, and commercial real estate. The company focuses on addressing global labor shortages and increasing demands for sustainable and efficient industrial operations. Peppermint's market position is bolstered by its innovative approach to integrating cloud connectivity and real-time data analytics in its robots, offering clients enhanced operational transparency and performance.

Conclusion

Peppermint Robotics stands as a transformative force in the robotics industry, leveraging cutting-edge technology to tackle the dual challenges of labor shortages and sustainability demands. With its recent funding and strategic expansion into international markets, Peppermint is poised to lead the charge in redefining industrial automation. The company's trajectory suggests a promising future, bolstered by its commitment to innovation and efficiency in robotics solutions.

References

  1. The Hindu Businessline
  2. Entrepreneur
  3. Marca Money
  4. Indian Angel Network
  5. Inc42