DiFACTO Robotics and Automation Pvt. Ltd., a provider of manufacturing automation and robotics solutions, on Friday announced the acquisition of the Intellectual Property Rights (IPR) portfolio for RoboFinish operations of Grind Master.
Aurangabad-based Grind Master, founded by Milind Kelkar and Mohini Kelkar, is a metal-finishing solutions player for automotive and general engineering industries. Over the past 40 years, their innovation is reflected in 30+ patents, allowing them to effectively challenge top Japanese & European players. RoboFinish, developed over the last 14 years, includes robotic grinding, finishing, deburring, and machining technologies.
Founded in 2007 by Ajay Gopalswamy, Yogesh Kumar and Anil Satapathy, DiFACTO - backed by Stakeboat Capital, has a proven track record of developing advanced robotic systems and automation services for diverse industries, including automotive, foundry, machine tools, transportation, electrical machinery and consumer goods. The company currently operates two manufacturing facilities at Bengaluru and Pune, and a sales and service office in Gurugram. DiFACTO also serves the North American market through its wholly owned subsidiary based in Michigan, USA.
Sameer Kelkar, CEO of Grind Master and the brain behind RoboFinish commented, “We have successfully delivered over 150 RoboFinish solutions worldwide. We are confident that DiFACTO, a specialist in robotics and automation, will develop these technologies further and take them to a wider spectrum of customers.”
“We are constantly seeking cutting-edge and globally competitive technologies,” stated Ajay Gopalaswamy, Founder and CEO of DiFACTO. He further added, “The RoboFinish portfolio presents significant synergies with our existing offerings, strengthening our position in the market. DiFACTO will continue to support RoboFinish’s existing users through its customer-focused engineering team.”
Srinivas Baratam, Managing Director of Stakeboat Capital, which invested in DiFACTO’s maiden financing round in June 2024 added, "Acquisition of RoboFinish technologies bolsters our solution offerings and further expands our global footprint.”
Singhi Advisors acted as the advisor to this transaction.
Aurangabad-based Grind Master, founded by Milind Kelkar and Mohini Kelkar, is a metal-finishing solutions player for automotive and general engineering industries. Over the past 40 years, their innovation is reflected in 30+ patents, allowing them to effectively challenge top Japanese & European players. RoboFinish, developed over the last 14 years, includes robotic grinding, finishing, deburring, and machining technologies.
Founded in 2007 by Ajay Gopalswamy, Yogesh Kumar and Anil Satapathy, DiFACTO - backed by Stakeboat Capital, has a proven track record of developing advanced robotic systems and automation services for diverse industries, including automotive, foundry, machine tools, transportation, electrical machinery and consumer goods. The company currently operates two manufacturing facilities at Bengaluru and Pune, and a sales and service office in Gurugram. DiFACTO also serves the North American market through its wholly owned subsidiary based in Michigan, USA.
Sameer Kelkar, CEO of Grind Master and the brain behind RoboFinish commented, “We have successfully delivered over 150 RoboFinish solutions worldwide. We are confident that DiFACTO, a specialist in robotics and automation, will develop these technologies further and take them to a wider spectrum of customers.”
“We are constantly seeking cutting-edge and globally competitive technologies,” stated Ajay Gopalaswamy, Founder and CEO of DiFACTO. He further added, “The RoboFinish portfolio presents significant synergies with our existing offerings, strengthening our position in the market. DiFACTO will continue to support RoboFinish’s existing users through its customer-focused engineering team.”
Srinivas Baratam, Managing Director of Stakeboat Capital, which invested in DiFACTO’s maiden financing round in June 2024 added, "Acquisition of RoboFinish technologies bolsters our solution offerings and further expands our global footprint.”
Singhi Advisors acted as the advisor to this transaction.
