FundingAI & Deep Tech
Agrani Labs lines up $100M round
By Abha Lohia · Editor ·
Agrani Labs: funding and every story →
Series ABengaluruFounded 2024
- Agrani Labs is a Bengaluru semiconductor startup started by former Intel and AMD executives
- It is putting together a round worth about $100 million (Rs 950 crore), up from the $50 million first discussed, as more investors join
- Talks value it near $300-350 million, against about $35 million at its 2025 seed round
What happened
- Agrani Labs is raising about $100 million in a new round.
- Stargazer and Google are set to join existing backer Peak XV Partners and 360 One.
- The round has grown from the $50 million first reported in September.
- Other investors may still come in.
Why it matters
- It would be one of the biggest deeptech rounds in India.
- Valuation could rise more than eightfold in about a year.
- It shows strong investor appetite for homegrown chip design.
The business
- Agrani Labs designs semiconductors in Bengaluru.
- Its founders earlier worked at Intel and AMD.
- It raised an $8 million seed round from Peak XV Partners in June 2025.
The founders
- Former AMD and Intel executive
- Former AMD and Intel executive
Who put in money
- Peak XV Partners existing investor — Led the seed round
- 360 One investor
- Stargazer investor — Fund of the Groww founders
- Google investor
In numbers
$8MSeed round · 2025
What happens next
- The round is not yet closed.
Earlier rounds
- Seed: $8M, Peak XV Partners, June 2025
Words to know
- Post-money valuation
- Company value right after the new money is added.
The numbers around it
Agrani Labs has 3 funding rounds in StopDown's archive.
| When | Round | Amount | Led by |
|---|---|---|---|
| 1 September 2026 | Round | $50M | 360 One |
| 28 January 2026 | seed | $8M | Peak XV Partners |
AI & Deep Tech in November 2026: 5 rounds with a disclosed amount, $129 million in all; the biggest was Agrani Labs ($100M). Every sector this year →
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at little extra cost. India also has a legal definition for scheme benefits: under ten years old, turnover under ₹200 crore, and working on innovation or a scalable model.
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a listing or a sale. Each step is larger and asks for more proof. In India, Series A rounds run from a few million dollars to about $15 million, as of November 2026.
- Seed round: Pre-seed and seed are the first money a startup raises from outside investors. The difference is how much has been built when the cheque arrives: pre-seed backs an idea or prototype, usually with a cheque under ₹5 crore, while seed backs an early product and runs from a few crore rupees to a few million dollars.
- Series A: Series A is usually the first large round a startup raises from venture capital funds, after it has shown that people want what it sells. In India it commonly runs from a few million dollars to about $15 million, or roughly ₹25 crore to over ₹100 crore, with founders selling about 15 to 25 percent, as of November 2026.
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