Peppermint Robotics, a company that manufactures autonomous cleaning robots, has successfully raised 100 crore rupees (equivalent to approximately 10.5 million US dollars) in a pre-Series B round. pi Ventures, Crane Venture Partners, and Asiana Fund participated in this round.
The funds were raised amid the company's rapid growth. The startup, based in Pune and Austin, reported that its revenue doubled over the last year, and overall growth between fiscal years 2024 and 2026 reached almost six times. Previously, in April 2025, Peppermint had raised 34 crore rupees ($4 million) in a Series A round.
Peppermint has representatives in nine countries, with the US being its largest market. The company was founded in 2019 as part of the Society for Innovation and Entrepreneurship at IIT Bombay. The autonomous cleaning robots created by the company are used in various commercial and industrial environments, including hospitals, airports, shopping malls, warehouses, hotels, factories, and universities.
The company's machines are designed for floor cleaning and material transport in enterprises, engineered to integrate into existing workflows rather than disrupt them. Peppermint's main clients are facility management companies that oversee cleaning processes, including the selection of equipment, chemicals, and cleaning methods.
Peppermint stated that one of the most challenging applications for its robots is a global pharmaceutical company. There, cleanroom robots underwent qualification testing in an EU GMP class cleanroom, which is one of the most strictly regulated environments where a cleaning robot can operate.
Cleanroom robots are specialized manipulators designed to operate in controlled, contamination-free conditions. The company independently develops the hardware, software, and perception systems, while the robots are assembled in Pune. They function on the patented Peppermint OS, utilizing computer vision and LiDAR for spatial mapping, route planning, and collision avoidance. Operators can monitor the robots' performance in real-time via a cloud control panel. For high-security facilities, the company offers fully autonomous 'invisible' robots that comply with strict information security requirements.
Runal Dahivade, founder and CEO of Peppermint Robotics, noted that cleaning teams ensure the functioning of hospitals, factories, and airports. He emphasized that their robots work alongside these teams, taking on the most monotonous and physically demanding tasks, such as mopping floors and transporting materials. According to Dahivade, clients evaluate the company based on one criterion—the cleanliness of the floor per shift. Therefore, the company builds durable robots designed for multi-year operation and supports each machine throughout its entire lifecycle. The capital raised will allow them to produce more robots and get closer to customers worldwide.
The new investments will be directed towards developing next-generation robotics and expanding production capacity. Furthermore, a final assembly line is planned for North America in the coming months. Peppermint also intends to strengthen its business development in the United States and Asia, increase its presence in Europe, and hire senior executives and engineers. In terms of products, the company plans to expand its range of floor cleaning and material handling robots, as well as develop its cleanroom robot line.
Investors expressed optimism about Peppermint's potential. Shubham Sandip, a partner at pi Ventures, highlighted the company's 'clear return on investment' in demanding sectors such as healthcare and hospitality. Anandamoy Roychoudhury from Crane Venture Partners stated that Peppermint has developed an industrial cleanroom robot for critical enterprises. Neha Aggarwal from Asiana Fund called the company an example of India's advanced manufacturing business capable of competing in global markets.
