Pune, India – September 8, 2025: Humro (an ARAPL RaaS brand and subsidiary of Affordable Robotic and Automation Limited, BSE: 541402, NSE SYMBOL: AFFORDABLE), a leader in autonomous material handling and robotics solutions, today announced a proposed investment of USD 8–10 million into its wholly owned subsidiary Humro (formerly known as ARAPL RaaS). This proposal will further process after getting approval of Board of Directors of the company.
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 USD 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 29th August 2025.The balance will be raised through preferential allotment and debt instruments. The proceeds will be utilised towards capital expenditure and to meet working capital requirements for servicing Humro’s current order book.
Humro currently has a strong pipeline worth of 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, and with in-principle technology approvals already secured from marquee global clients, Humro is strategically positioned to capitalise on India’s cost competitiveness in a post-tariff environment.
Commenting on the development, Mr Milind Padole, Chairman, ARAPL, said:
“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.”
Last week, HumRo announced that, effective November, it will implement a 10% price adjustment across all products as part of its comprehensive strategy to address recent tariff changes on imports into the United States. Despite this revision, the company emphasised that its solutions will remain 15–20% more cost-effective than those of its nearest competitors. Underscoring its long-term growth outlook, HumRo reiterated that its unique combination of affordability, rapid deployment, and software-driven efficiency continues to set it apart in a market where reliability and cost savings are critical. Looking ahead, the company affirmed its commitment to expanding its footprint in the US and capitalising on emerging opportunities in advanced automation solutions.