Octobotics Tech Pvt Ltd, an industrial robotics company, has announced the successful closure of its Series Seed funding round of approximately ₹10 crore.The round was led by Navam Capital, with participation from BYT Capital. The funds will be deployed to accelerate product development, strengthen field validation, and support international expansion.Founded in 2020 by Ishan Bhatnagar and Gulshan Kumar, Octobotics develops AI-enabled, vertically integrated Non-Destructive Testing (NDT) robotics platforms engineered for harsh environments across industrial and rail applications.The company currently serves leading organisations including the Indian Navy, IOCL, Saudi S-Chem, BPCL, HPCL, Aarti Industries, and GSFC, and recorded ₹2 crore in annual revenue in the last fiscal year.“This capital will support R&D for vertical integration and the pursuit of IECEx and ATEX certifications, while expanding our operations in India, Singapore, and the Middle East,” said Ishan Bhatnagar and Gulshan Kumar, Co-Founders of Octobotics. “The distribution-led approach allows us to deploy these systems to assist human operators and reduce the need for manual tasks in hazardous environments.”Commenting on the investment, Dr. Anjan Ray, Investment Partner at Navam Capital, said,“Octobotics is addressing specific maintenance challenges within critical infrastructure. Their focus on a vertically integrated technology stack and a scalable distribution model provides a…  ​Read MoreStartupTalky- Business News, Insights and Stories

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