Noida, Uttar Pradesh-based Octobotics has raised approximately ₹10 crore in a Series Seed funding round led by Navam Capital, with participation from BYT Capital, the company said.
The capital will be used to accelerate product development, strengthen field validation, and support international expansion, as the company scales its AI-enabled Non-Destructive Testing (NDT) robotics platforms for industrial and rail applications.
Founded in 2020 by Ishan Bhatnagar and Gulshan Kumar, Octobotics develops vertically integrated NDT robotics systems designed for harsh and high-risk environments. The company serves clients including the Indian Navy, IOCL, Saudi S-Chem, BPCL, HPCL, Aarti Industries, and GSFC, and reported Rs. 2 crore in annual revenue in the last fiscal year.
“This capital will support R&D for vertical integration and the pursuit of IECEx and ATEX certifications, while expanding our operations in India, Singapore, and the Middle East,” said Ishan Bhatnagar and Gulshan Kumar, Co-Founders of Octobotics. “The distribution-led approach allows us to deploy these systems to assist human operators and reduce the need for manual tasks in hazardous environments.”
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.”
The company operates in asset-intensive sectors including oil and gas, chemicals and petrochemicals, marine, power, fertilizers and rail, where safety, operability and asset uptime are critical operational priorities. Inspection zones such as corroded surfaces, elevated structures, confined spaces and complex geometries continue to present risks for conventional manual inspection methods.
Octobotics’ platforms automate hazardous inspection tasks and convert field measurements into actionable asset integrity data. Its robotic and sensor-driven workflows capture inspection data that is analysed using predictive analytics to provide asset health insights for operators.
The company’s product portfolio includes PA RailScan, a phased-array ultrasonic testing (PAUT) system for rail track weld inspection; Weld Sensei, an automated inspection platform for hazardous environments; and Reach Master, a specialised NDT tool for inspections in hard-to-reach and high-elevation zones.
The founders met at MERI Kolkata and later worked in international operations roles. Bhatnagar previously managed maritime operations and automation at BW Maritime in Singapore, while Kumar worked as an Operations & Maintenance Engineer at D.E.M.E., a Belgian dredging company. The founders later returned to India to build field-ready inspection solutions for critical infrastructure.
