Agrani Labs bags seed funding led by Peak XV
28 Jan 2026, 04:02 PMThe funding round also saw participation from angel investors.
Team Head&Tale
Share the story on
Bengaluru-based AI semiconductor startup Agrani Labs has raised $8 million in its seed funding round led by Peak XV Partners.
The funding round also saw participation from angel investors.
The Bengaluru-based startup will use the fresh capital to scale engineering efforts and advance product development as it works towards building globally competitive AI compute solutions from India.
The startup was founded in 2024 by Dheemanth Nagaraj, Ashok Jagannathan, Srikanth Nimmagadda, and Rajesh Vivekanandham. The founding team comprises former executives from Intel and AMD. Agrani Labs has also onboarded Vinod Dham, widely known as the "Father of the Pentium," as a founding advisor. Dham previously played a key role in Intel's processor roadmap and is closely associated with India's semiconductor ecosystem.
Agrani Labs is working on building a high-performance AI GPU designed for data centres. The startup is developing a full-stack AI compute platform, covering both hardware and software. Along with GPU design, the company is building its own software stack, including compilers, libraries, system software, and AI frameworks.Agrani Labs is also working with academic institutions, semiconductor partners, government research bodies, and software ecosystems to accelerate development.
The AI chip market is experiencing significant expansion as enterprises and cloud providers invest heavily in AI infrastructure to support generative AI applications and large language models.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
Related News