Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.

Startup: Octobotics Tech Pvt Ltd

Sector: Robotics

Amount: INR10 cr

Led by: Navam Capital

Octobotics Tech Pvt Ltd, an industrial robotics company, successfully closed its Series Seed funding round of approximately INR10 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.

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 clear path for serving the global inspection market.”

Startup: Alt DRX

Sector: Fintech

Amount: INR6 cr

Led by: Nila Spaces Limited

Nila Spaces Limited, a Gujarat based real estate developer, has announced a strategic ...