
- Sun, 1 March 2026
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.
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.
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.
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.
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.
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.




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