Funding · Enterprise Software & IT

Unbox Robotics raises $28M Series B round

By Startup Enthusiast · 20 January 2026

What they do

Unbox Robotics builds modular robotics systems for warehouse and fulfillment automation

It raised a $28M Series B round led by ICICI Venture and Redstart Labs, with existing investors

The company achieved profitability in June 2025 and expects revenue to jump five times in FY26

Unbox Robotics has raised a $28M Series B round (primary and secondary shares).
The round was led by ICICI Venture and Redstart Labs (Info Edge).
Existing investors F-Prime, 3one4 Capital, Navam Capital, and Force Ventures also participated.
About 10% of the total raise was a secondary sale (existing shareholders sell their shares; no new money reaches the company).
One unnamed fund and an angel investor took a full exit through the secondary sale.
Employees received INR 8 Cr in liquidity via a secondary transaction (ESOP buyback).
The company will use the funds to expand in India and select international markets, build teams, and develop new products.

Unbox Robotics achieved profitability in June 2025, a milestone for a deep-tech startup.
Indian deep-tech startups raised about $500M across 87 deals in 2025, showing growing investor interest.
India saw a 59% YoY increase in robot installations in 2023, the fastest globally.

Unbox Robotics builds modular robotics systems for warehouse and fulfillment automation.
Its flagship product is UnboxSort, an AI-driven robotic sortation solution for parcels.
The technology uses proprietary swarm-intelligence software and modular 3D robotic hardware.
Robots coordinate dynamically and scale throughput with minimal fixed infrastructure.
The systems require 50-80% less space and enable 3x productivity during peak demand.
Revenue comes from upfront sales (with yearly maintenance fees) and Robotics as a Service (RaaS).
The company designs and assembles in-house; 90% of components are sourced from Indian manufacturers.
It has deployed about 500 robots to date and targets 3,000 in the next two years.
Current markets include Europe (Spain, Belgium, Netherlands, Italy, Turkey) and the US.
Indian clients include Flipkart, Myntra, and DHL.

Expand presence in India and select international markets.
Build leadership and engineering teams.
Develop new products, including a model for quick commerce with picking and storing capabilities.
Target manufacturing and pharma automation sectors.

ICICI Venture (lead) — Represented by Sharad Malpani, Director and Co-Head IVen Amplifi Fund.
Redstart Labs (co-lead) — Info Edge's investment arm; represented by Vibhore Sharma, Director.
F-Prime (participant) — Represented by Sanjay Aggarwal, Venture Partner.

Product: Software-defined, AI-driven vertical robotic parcel sortation systems powered by swarm intelligence.
Customers: E-commerce, retail, and logistics enterprises running fulfilment centers and distribution warehouses.
How it makes money: Direct equipment and automation deployment sales alongside robotics-as-a-service options.
What sets it apart: Modular plug-and-play vertical robotics deployed within a week that reduce warehouse floor footprint requirements.
Operations: Engineering and assembly based out of Pune, deploying systems to clients across India and international markets.