AI Semiconductor Startup Agrani Labs Raises $8 Mn From Peak XV Partners

AI Semiconductor Startup Agrani Labs Raises $8 Mn From Peak XV Partners

AI semiconductor startup Agrani Labs, which is building AI GPUs and end-to-end software for enterprise and datacenter compute, has raised $8 Mn (INR 73.4 Cr) in a Seed funding round led by Peak XV Partners, with participation from angel investors. The startup, which was founded by AMD and Intel executives Dheemanth Nagaraj (CEO), Ashok Jagannathan (chief architect), Srikanth Nimmagadda (CTO) and Rajesh Vivekanandham (Chief Perf Architect) in Dec…

Agrani Labs Emerges from Stealth, Raises $8M Seed Funding Led by Peak XV Partners

Bengaluru, India | January 28, 2026: Agrani Labs, an AI semiconductor startup founded by distinguished veterans from Intel and AMD, has officially launched after operating in stealth mode. The company also announced the successful close of an $8 million seed funding round led by Peak XV Partners, with participation from prominent angel investors. This marks one of the most ambitious deep‑tech ventures to emerge from India’s startup ecosystem, po…