July 28, 2025
Sotefin Bharat Plans Rs 80 Crore IPO for Automated Parking Robot Manufacturing
Sotefin Bharat, the Indian subsidiary of Swiss automated parking firm Sotefin SA, plans to raise Rs 80 crore through an IPO for manufacturing robots in West Bengal. The funds will aid local production and reduce debt, with a manufacturing facility expected to create over 100 jobs and support up to 25 automated parking projects annually.