# Robosoft Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/robosoft-technologies-private

- Industry: Software
- Headquarters: Udupi, India
- Website: www.robosoftin.com
- Total disclosed funding: $16M
- Latest round: Series B (Apr 17, 2015)
- Investors on record: 2

## About

Based in Udupi, India,  Robosoft Technologies Private Limited was founded in 1996 by Rohith Bhat. The company is a software development service provider in the Indian information and communication technology industry. Robosoft started as a Mac OS-only software business, but eventually expanded into products for Windows and other online platforms. Robosoft's customer bases are located in the United States, Europe, and the Asia Pacific and have more than 32 accredited clients. In April 2015, Robosoft Technologies Private Limited raised USD 12 million in series B funding led by new investor Ascent Capital, with participation from returning investor Kalaari Capital. In August 2021, the company was acquired by Japanese firm TechnoPro Holdings in a deal valued at INR 805 crore. 

The company's services include digital advising, design strategy, UX/UI services, application development and maintenance, and experience in new technologies such as AR, VR, blockchain, and chatbots, allowing organizations to construct unique online products according to their needs. The company also offers a platform Kuber which is used for paying bills, paying people, account transfer, registered payee transfers (NEFT, IMPS), adhoc transfers, UPI transfers and payee management.

The company generates revenue by offering end-to-end solutions in product advisory, design, engineering, and analytics.

Robosoft Technologies Private Limited will use the funding to bolster all its current offerings across service segments and to expand services and products. Through the solutions provided by Robosoft, TechnoPro plans to expand customer base in Japan of Media, BFSI and Retail/EC industries. TechnoPro also plans to use Robosoft's offerings of advisory and UI/UX design to provide digital solutions to its customers and use Robosoft’s engineers at domestic on-site and offshore.

## Funding rounds

- Series B, Apr 17, 2015, $12M — Ascent Capital, Kalaari Capital
- Series A, Jun 12, 2013, $3.8M — Kalaari Capital

## Investors

- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series A, Series B
- Ascent Capital (https://capitalatlas.ai/funds/ascent-capital) — Series B