• Latest
  • Trending
OpenAI eyes humanoid robots for the future: Report

ARAPL to invest $8-10 million in subsidiary, Humro

Aditya Birla Capital targets doubling of AUM in three years

Aditya Birla Capital targets doubling of AUM in three years

CSM Technologies FY26: PAT up 70%, order book at ₹357.63 crore, ₹0.50 dividend

CSM Technologies FY26: PAT up 70%, order book at ₹357.63 crore, ₹0.50 dividend

Paytm profit jumps 79% in June Quarter

Paytm profit jumps 79% in June Quarter

PNB Q1 profit surges 213% on lower tax outgo

PNB Q1 profit surges 213% on lower tax outgo

TCS launches Google Gemini Experience Center in Kolkata for AI innovation

TCS launches Google Gemini Experience Center in Kolkata for AI innovation

ICICI Bank Q1 profit rises 16% on strong NII and better asset quality

ICICI Bank Q1 profit rises 16% on strong NII and better asset quality

BharatPe, SG Finserve partner to simplify digital loans for MSMEs

BharatPe, SG Finserve partner to simplify digital loans for MSMEs

Emergent reaches unicorn status at $1.5 billion valuation after fivefold valuation jump in four months

Emergent reaches unicorn status at $1.5 billion valuation after fivefold valuation jump in four months

ADX lists six new single stock futures, enhances Bloomberg integration for global investors

ADX lists six new single stock futures, enhances Bloomberg integration for global investors

Cognizant to hire 1,500 U.S. graduates by end-2026 for AI roles

Cognizant to hire 1,500 U.S. graduates by end-2026 for AI roles

NVIDIA, Noetra to build world’s first national AI factory for physical AI in Japan

NVIDIA, Noetra to build world’s first national AI factory for physical AI in Japan

India’s Grid is running on Coal in the Middle of Monsoon Season

India’s Grid is running on Coal in the Middle of Monsoon Season

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Tuesday, July 21, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

ARAPL to invest $8-10 million in subsidiary, Humro

in Tech, world
Reading Time: 2 mins read
0
OpenAI eyes humanoid robots for the future: Report
Share on FacebookShare on Twitter

DBT Bureau

Bengaluru, 8 September 2025

Leading robotic & automation player, ARAPL on Monday said it will invest $8–10 million into its wholly owned subsidiary Humro (formerly known as ARAPL RaaS) subject to its board approval.

The fresh infusion will be funded through a combination of promoter contribution, preferential issue, and debt. As part of the plan, the company’s promoter will invest $3 million in his personal capacity by diluting a proportional stake in ARAPL. This was already approved by board of directors of the company on the board meeting held on 29 August, 2025. The
balance will be raised through preferential allotment and debt instruments, the company said in a release.

The proceeds will be utilised towards capital expenditure and to meet working capital requirements for servicing Humro’s current order book, it added.

Humro currently has a strong pipeline worth Rs. 32 crore expected to translate into revenues by FY26. With a growing opportunity in the warehousing and autonomous material handling sector in the United States and Europe, Humro is well positioned to capitalise on India’s cost competitiveness in a post-tariff environment.

“Being a deep-tech robotics player competing in a high-potential market, HumRo has ticked all the right boxes since its inception in 2021. We have built a robust product portfolio,
secured validations from marquee clients, and developed a healthy order pipeline. As the only Indian company in this space, we made an early bet on our capabilities by entering a
highly competitive market like the US. The journey took time, but with strong foundations now in place, the stage is set to scale up operations and strengthen our US footprint. This
round of funding will be pivotal in accelerating our next phase of growth,” Milind Padole, Chairman, ARAPL said.

Related Posts

ADX lists six new single stock futures, enhances Bloomberg integration for global investors

ADX lists six new single stock futures, enhances Bloomberg integration for global investors

0

DBT Bureau Pune, 19 July 2026 The Abu Dhabi Securities Exchange Group listed six new Single Stock Futures — on...

Tata Elxsi achieves robust growth in Q1 FY’25, with 2.4% QoQ increase in constant currency revenue

Tata Elxsi net profit jumps 18% in Q1FY27

0

Athira Sethu Kochi, 15 July 2026 Tata Elxsi began FY27 on a strong note, reporting healthy year-on-year growth in revenue...

LTM partners with Anthropic to accelerate enterprise AI adoption with Claude

LTM partners with Anthropic to accelerate enterprise AI adoption with Claude

0

DBT Bureau Pune, 13 July 2026 LTM reported a partnership with Anthropic, the frontier AI company behind Claude, to accelerate enterprise-scale...

Cognizant to scale Frontier AI workforce to 15,000, targets stronger enterprise AI outcomes

Cognizant to scale Frontier AI workforce to 15,000, targets stronger enterprise AI outcomes

0

DBT Bureau Pune, 9 July 2026 Cognizant announced it was committing to scaling its Frontier-certified workforce, the human and operational...

Aditya Birla Capital targets doubling of AUM in three years
Data Story

Aditya Birla Capital targets doubling of AUM in three years

0

Athira Sethu, Kochi, 21 July 2026 Aditya Birla Capital has laid out an ambitious growth roadmap, aiming to double its...

Read moreDetails
CSM Technologies FY26: PAT up 70%, order book at ₹357.63 crore, ₹0.50 dividend
News

CSM Technologies FY26: PAT up 70%, order book at ₹357.63 crore, ₹0.50 dividend

0

DBT Bureau Pune, 21 July 2026 CSM Technologies Limited, a GovTech and enterprise digital transformation company, today announced its audited...

Read moreDetails
Paytm profit jumps 79% in June Quarter
Finance

Paytm profit jumps 79% in June Quarter

0

Athira Sethu Kochi, 21 July 2026 One97 Communications, the parent company of Paytm, posted a strong start to FY27, with...

Read moreDetails
PNB Q1 profit surges 213% on lower tax outgo
News

PNB Q1 profit surges 213% on lower tax outgo

0

Athira Sethu Kochi, 20 July 2026 Punjab National Bank (PNB) reported a sharp 213% year-on-year (YoY) rise in standalone net...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.