About Pari Robotics
Pari Robotics is a company based in Pune (India) founded in 1990 was acquired by Wipro infra in December 2020.. Pari Robotics has raised $8.89 million across 1 funding round from investors including Wipro infra, Axis Holdings and Ajay Agarwal. The company has 596 employees as of March 31, 2025. Pari Robotics operates in a competitive market with competitors including Vicarious, Agile Robots, Yaskawa, Gecko Robotics and Universal Robots, among others.
- Headquarter Pune, India
- Employees 596 as on 31 Mar, 2025
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Annual Revenue
$228.89 M (USD)88as on Mar 31, 2024
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Net Profit
$16.44 M (USD)1249as on Mar 31, 2024
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EBITDA
$30.97 M (USD)1448as on Mar 31, 2024
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Total Equity Funding
$8.89 M (USD)
in 1 rounds
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Latest Funding Round
$8.89 M (USD), Series A
Nov 13, 2009
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Investors
Wipro infra
& 3 more
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Employee Count
596
as on Mar 31, 2025
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Acquired by
Wipro infra
(Dec 10, 2020)
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Funding Insights of Pari Robotics
Pari Robotics has successfully raised a total of $8.89M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.89 million completed in November 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $8.9M
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First Round
First Round
(13 Nov 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2009 | Amount | Series A - Pari Robotics | Valuation | Axis Holdings |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pari Robotics
Pari Robotics has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Wipro infra, Axis Holdings and Ajay Agarwal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Manages diversified investment portfolios across multiple asset classes.
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Founded Year | Domain | Location | |
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AA
Ajay Agarwal |
Managing Director at Bain Capital, active angel investor in Indian startups
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Founded Year | Domain | Location |
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RB
Rajesh Bhansali |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pari Robotics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pari Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pari Robotics Comparisons
Competitors of Pari Robotics
Pari Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vicarious, Agile Robots, Yaskawa, Gecko Robotics and Universal Robots, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based robotic arms are developed for industrial automation tasks.
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| domain | founded_year | HQ Location |
Deep learning-based vision for autonomous robot perception is provided.
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| domain | founded_year | HQ Location |
Motion control, robotics, and system engineering solutions are provided globally.
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| domain | founded_year | HQ Location |
Wall-climbing robots are developed for boiler inspections at power plants.
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| domain | founded_year | HQ Location |
Collaborative robot arms are provided for industrial applications.
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| domain | founded_year | HQ Location |
Provider of pick and place robotic solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Pari Robotics
When was Pari Robotics founded?
Pari Robotics was founded in 1990 and raised its 1st funding round 19 years after it was founded.
Where is Pari Robotics located?
Pari Robotics is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Pari Robotics?
Sanjay Sarolkar is the current CEO of Pari Robotics.
Is Pari Robotics a funded company?
Pari Robotics is a funded company, having raised a total of $8.89M across 1 funding round to date. The company's 1st funding round was a Series A of $8.89M, raised on Nov 13, 2009.
How many employees does Pari Robotics have?
As of Mar 31, 2025, the latest employee count at Pari Robotics is 596.
What is the annual revenue of Pari Robotics?
Annual revenue of Pari Robotics is $228.89M as on Mar 31, 2024.
What does Pari Robotics do?
Founded in 1990 in Pune, India, automation solutions are provided globally for automotive and home appliance industries. Processes such as material handling, welding, assembly, and thermal cutting are supported through robotics. Over 600 automation solutions have been delivered worldwide, including an automated car parking system with more than 2000 spaces. Operations are maintained with over 1000 employees across 8 facilities, serving clients like Bosch, Ford, and Philips.
Who are the top competitors of Pari Robotics?
Pari Robotics's top competitors include Vicarious, Universal Robots and Yaskawa.
Who are Pari Robotics's investors?
Pari Robotics has 4 investors. Key investors include Wipro infra, Axis Holdings, Ajay Agarwal, and Rajesh Bhansali.
What is Pari Robotics's valuation?
The valuation of Pari Robotics is $42.49M as of Nov 2009.