
DiFACTO Acquires RoboFinish IPR from Grind Master to Strengthen Robotics Portfolio
Founded in 2007, DiFACTO is a leading automation solutions provider across industries, with manufacturing in Bengaluru and Pune, a Gurugram sales office, and a US subsidiary in Michigan.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
DiFACTO Robotics and Automation Pvt Ltd, a leading player in industrial automation and robotics, today announced the acquisition of the Intellectual Property Rights (IPR) portfolio for the RoboFinish operations of Grind Master, marking a significant step in DiFACTO's strategic growth.
"We are constantly seeking cutting-edge and globally competitive technologies," said Ajay Gopalaswamy, Founder and CEO of DiFACTO. "The RoboFinish portfolio presents significant synergies with our existing offerings, strengthening our position in the market. DiFACTO will continue to support RoboFinish's existing users through its customer-focused engineering team."
Grind Master, headquartered in Aurangabad and founded by Milind and Mohini Kelkar, has over four decades of innovation in metal finishing. Its RoboFinish line—developed over the last 14 years by CEO Sameer Kelkar—offers robotic solutions for grinding, finishing, deburring, and machining.
"We pioneered breakthrough developments in robotic grinding and finishing operations, leveraging our profound domain knowledge," said Sameer Kelkar. "Having delivered over 150 RoboFinish solutions globally, we are confident that DiFACTO will further develop these technologies and reach a broader customer base."
Founded in 2007 by Ajay Gopalaswamy, Yogesh Kumar, and Anil Satapathy, DiFACTO has emerged as a key automation partner across industries such as automotive, machine tools, and consumer goods. The company operates manufacturing units in Bengaluru and Pune, with a sales office in Gurugram and a US subsidiary in Michigan.
Srinivas Baratam, Managing Director of StakeBoat Capital, noted, "Acquisition of RoboFinish technologies bolsters our solution offerings and expands our global footprint. DiFACTO is poised to become a global leader in robotic automation."
Singhi Advisors acted as the financial advisor to the transaction.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Wall Street Journal
2 hours ago
- Wall Street Journal
Post Holdings to Buy Ronzoni Pasta Owner 8th Avenue Food
Post Holdings agreed to buy 8th Avenue Food & Provisions, whose products include Ronzoni pasta, for $880 million, which includes assumed debt. Post formed 8th Avenue in 2018, transferring its private brands into a new business that received a cash infusion from private-equity firm THL. 8th Avenue acquired Ronzoni pasta in 2021. Post said it would extinguish the outstanding net debt of 8th Avenue and acquire all equity interests for a net payment of about $880 million. The purchase price includes the assumption of $111 million of finance leases. The acquisition internalizes the manufacturing of Post's Peter Pan peanut butter and will enhance the company's presence in granola cereal.
Yahoo
3 hours ago
- Yahoo
SKEL fjárfestingafélag hf.: Orkan signs share purchase agreement with over 90% of shareholders in Samkaup
Reference is made to the announcement dated 22 May 2025, stating that a share purchase agreement had been signed between Orkan IS ehf. ("Orkan"), as buyer, and Kaupfélag Suðurnesja ("KSK"), as seller, for all shares held by the seller in Samkaup, with a nominal value of ISK 221,386,719, representing 51.3% of Samkaup's share capital. The purchase price for the shares totals ISK 2,878 million, based on a total equity value of Samkaup of ISK 5,610 million, corresponding to ISK 13 per issued share. The announcement stated that the transaction was subject to the following conditions: That the merger of Samkaup and Atlaga ehf., pursuant to the merger agreement dated 20 February 2025, is completed; That binding subscription commitments from investors, or a firm underwriting by an Icelandic bank, for the subscription of new share capital in Orkan (or the new parent company of the group) amounting to at least ISK 2,000 million are in place, which shall be used to strengthen Samkaup's financial position; That Orkan has reached a binding agreement with other shareholders in Samkaup for the purchase of their shares in the company such that the combined ownership of Orkan and other entities affiliated with SKEL will amount to at least 90.01% following the transaction; Approval by the representative council of KSK; Approval by the Icelandic Competition Authority that the transaction does not constitute a merger that must be annulled or made subject to conditions under Article 17 of the Competition Act No. 44/2005. Orkan has now signed share purchase agreements with other shareholders in Samkaup for the acquisition of all their shares in the company, totaling ISK 193,174,944 in nominal value, on the same terms as the transaction with KSK. Upon settlement of these transactions, Orkan will hold approximately 96% of the issued share capital in Samkaup. The representative council of KSK has likewise approved the share purchase agreement between Orkan and KSK. Finally, the boards of Atlaga ehf. and Samkaup have signed all merger documents related to the merger of the two companies. The parties are jointly working to finalize the remaining conditions relating to investor subscription commitments or a bank underwriting in the amount of ISK 2,000 million and to complete the merger notification to the Competition Authority. For further information please contact Ásgeir Helgi Reykfjörð Gylfason, fjarfestar@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Entrepreneur
4 hours ago
- Entrepreneur
OpenAI CEO Sam Altman: AI Agents Are Like Junior Employees
OpenAI CEO Sam Altman says that companies are using AI agents (programs that run autonomously to perform complex tasks) as if they were junior employees. "You hear people that talk about their job now is to assign work to a bunch of [AI] agents, look at the quality, figure out how it fits together, give feedback," Altman said on Monday during the keynote conversation at the Snowflake Summit 2025, per Business Insider. "It sounds a lot like how they work with a team of still relatively junior employees." Related: JPMorgan Chase CEO Jamie Dimon Isn't Worried About AI Taking Over Jobs — Here's Why Meanwhile, a report last month from venture capital firm SignalFire found that AI has already led to a 25% decrease in entry-level hires from 2023 to 2024 at Meta, Microsoft, and Google. SignalFire's head of research, Asher Bantock, told TechCrunch that AI was to blame for the decline in entry-level tech roles, as it takes over more routine tasks typically carried out by junior employees. At consulting firm McKinsey, AI is performing tasks usually reserved for junior employees, like creating PowerPoint presentations and drafting proposals. McKinsey wrote in July 2024 that AI could replace up to 375 million jobs by 2030. OpenAI CEO Sam Altman. Photo byOther industry leaders have bold predictions about how quickly AI will take over entry-level jobs. Dario Amodei, 42, the CEO of the $61.5 billion company Anthropic, told Axios last week that AI could eliminate half of all entry-level white-collar jobs within the next one to five years, causing unemployment to rise as high as 20%. "It sounds crazy, and people just don't believe it," Amodei told Axios. Related: 'I Do Have a Fair Amount of Concern.' The CEO of $61 Billion Anthropic Says AI Will Take Over a Crucial Part of Software Engineers' Jobs Within a Year