Octobotics raises Rs 10 crore seed funding to scale AI driven industrial inspection robotics

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Seed funding to fuel next phase of growth

AI enabled inspection robotics startup Octobotics has raised around Rs 10 crore in a seed funding round led by Navam Capital, with participation from BYT Capital. The funding marks a key milestone for the company as it moves from early deployments to wider industrial adoption.

Where the capital will be deployed

The startup plans to use the fresh funds to accelerate product development and strengthen field validation across live industrial sites. Part of the capital will also support certification processes and expansion of operations across India, Singapore, and the Middle East.

Building robotics for high risk industrial environments

Founded in 2020 by Ishan Bhatnagar and Gulshan Kumar, Octobotics develops AI enabled non destructive testing robotics platforms designed for asset intensive industries. These include oil and gas, chemicals, power, marine, and railways, where inspections are often hazardous and difficult to conduct manually.

How the technology works

Octobotics focuses on automating manual inspection tasks through robotics systems that can operate in elevated, confined, and hard to reach zones. Its platforms capture inspection data and convert it into actionable insights, helping asset operators improve safety, reliability, and decision making.

Customers and early traction

The company currently serves organisations such as the Indian Navy, Indian Oil Corporation, BPCL, HPCL, Aarti Industries, GSFC, and Saudi S Chem. In the last fiscal year, Octobotics reported Rs 2 crore in revenue, reflecting growing adoption of its inspection solutions.

What comes next for Octobotics

With fresh capital in place, the startup aims to deepen its presence in industrial inspection workflows and expand internationally. The focus will remain on scaling deployments, meeting regulatory standards, and positioning robotics as a core layer of industrial asset management.